Middle East: The US-Saudi aggression and its mercenaries have not been content with their actions over the past nine years, imposing blockades and futile wars on Yemen, under the approval of the American, British, and Israeli lights. Instead, they have embarked on foolish, insane steps aimed at starving and economically hitting the Yemeni people, leading in turn to a comprehensive and devastating war on the Saudi economy, and a global oil crisis. Sayyed Abdulmalik Al-Houthi's recent equation of economic deterrence, articulated in his speech marking the new Hijri year 1446, reaffirmed that Yemen will respond to every Saudi move with an equivalent step.

Catastrophic Effects and Major Losses:

In this regard, economic expert Salim al-Ja'adbi views Sayyed Abdulmalik al-Houthi's warning to the Saudi regime as explicit, a direct response to economic measures undertaken by mercenaries in recent weeks. These include demands to relocate banks from the capital Sana'a to occupied Aden, the blockade on Sana'a International Airport, Yemeni airlines, arbitrary measures against Yemeni airlines, and attempts to close the port of Hodeidah.

He believes the Saudi regime must realize that the economic deterrence equation laid out by Sayyed, targeting "banks with banks and ports with ports," signifies a comprehensive war that could end trillions of dollars and devastate its economy. Given that Saudi Arabia is a financial market housing three trillion dollars, this equates to three thousand billion dollars.

He asserts that if the Saudi regime engages in aggression against Yemen alongside the Americans, it will pose a serious danger to itself. This is critical for Saudi Arabia, a financial market with a stock exchange and many contributing financial companies, which would suffer catastrophic consequences. This would also have a disastrous international financial reputation and lead to credit deflation, especially within international credit agencies. It would result in the flight of capital, both domestic and foreign investments, causing catastrophic effects and significant losses to the Saudi economy.

Destruction of 90% of the Saudi Economy:

Regarding the equation of ports, al-Ja'adbi emphasizes that Hodeidah Port, compared to Saudi ports considered strategic, poses a threat to the Saudi regime's economy if targeted. These are oil ports through which Saudi Arabia exports its crude oil production, in addition to numerous petrochemical and vital chemical or oil products deemed essential by Saudi Arabia. Hence, any foolish or escalatory move by the Saudi regime against Hodeidah Port would lead to its targeting and closure, in addition to affecting many projects reliant on maritime projects, particularly the NEOM project launched by the Saudi regime at a cost of hundreds of billions of dollars. This would impact the Saudi economy, which relies on 90 percent of its revenues from oil, potentially reverting Saudi Arabia to its pre-oil era. Additionally, Sana'a International Airport is significant compared to Saudi airports, which means a lot for the Saudi economy.

According to economic expert Al-Jaadabi, the Saudi economy is currently going through a catastrophic phase and has a poor economic reputation, especially after the recent Hajj season, during which more than a thousand pilgrims died. Consequently, this has affected one of Saudi Arabia's revenue sources, which is considered a means of blackmailing the Arab and Islamic nations. This impact extends to the vital projects launched under Vision 2030 by Crown Prince Mohammed bin Salman, with projects costing hundreds of billions of dollars, notably the NEOM project, which amounts to approximately $1.5 trillion. Therefore, all these projects would be affected if Saudi Arabia gets involved with the Americans, leading to the "Petrodollar" ending within the dual economic deterrence equation affecting both the American and Saudi economies as launched by Sayyed.

Hence, this economic deterrence equation "banks with banks, ports with ports, airports with airports" marks the end of the Saudi economy, characterized by a financial market worth $2.7 trillion, an economy structured around 90% oil and petrochemicals, oil ports exporting 6 million barrels daily, an oil reserve approaching 400 million barrels, annual airport traffic of 112 million passengers, 918 thousand tons of air freight annually, and container traffic reaching 12 million containers annually.

Global Oil Price Increase:

Economic expert Rashid Al-Haddad states that the equation of economic deterrence launched by Sayyed Abdulmalik came after it was proven that Saudi Arabia allowed American aircraft to operate and target Yemen. It was also proven that Saudi Arabia was involved in supporting the actions taken by mercenaries from the Aden Bank to target the national economy and many state institutions.

Therefore, any Saudi involvement with the Americans will lead to very significant losses in the Saudi regime's economy, potentially losing ports like Yanbu and other important strategic ports through which Saudi oil is exported to international markets. He confirms that the equation and the fiery message launched by Sayyed reach the Saudi regime, pushing it towards restraint, especially since the message included stopping Saudi oil exports and preventing their movement to target oil-specific ports. This would cause significant losses for Saudi Arabia and lead to an increase in oil prices globally, particularly since Saudi Arabia is one of the world's exporters of crude oil.

Translated by Almasirah English website