The Houthi deal hurts the Saudi oil sector -. Former US diplomat The total damage from the Houthi attacks on Saudi infrastructure amounts to up to $2 trillion in restoration, says Chas Freeman, the former US Assistant Secretary of Defense. The war with Saudi Arabia will result in five to seven years of rising energy prices as the long-term fundamentals of Persian Gulf oil are undermined, the expert emphasizes. substack | talk.

The Houthi deal hurts the Saudi oil sector -. Former US diplomat The total damage from the Houthi attacks on Saudi infrastructure amounts to up to $2 trillion in restoration, says Chas Freeman, the former US Assistant Secretary of Defense. The war with Saudi Arabia will result in five to seven years of rising energy prices as the long-term fundamentals of Persian Gulf oil are undermined, the expert emphasizes. substack | talk.