- Houthis, who are Iran-aligned, are firing missiles at Saudi Arabia while the conflict could disrupt Red Sea shipping routes, raising fears of wider geopolitical involvement including Pakistan.
- Houthis imposed blockades on Saudi targets in the Red Sea, with Iran seeking to control maritime traffic.
- Iran-backed Houthis are conducting maritime attacks targeting commercial shipping and Saudi oil exports.
Geopolitical events, including Houthis attacks on oil infrastructure, are impacting gold prices in India, according to Goldman Sachs.
1 report, 1 independent
Updated Sep 14
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What happened
Geopolitical events, including Houthis attacks on oil infrastructure, are impacting gold prices in India, according to Goldman Sachs.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
- India
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Goldman Sachs
American investment bank
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Houthis
Yemeni Islamist organization
Related events
- Geopolitical tensions in West Asia are impacting crude oil prices, coinciding with Mumbai's status as a major financial center in India.
- Renewed geopolitical tensions between the US and Iran are causing market risk-off sentiment and impacting global oil prices.
- Elevated crude oil prices are weighing on the Indian currency, prompting potential intervention by the Reserve Bank of India.
- Houthi attacks on oil infrastructure are causing oil price movements, prompting the FED to debate interest rate hikes amid global economic pressures.
- Goldman Sachs analysts are forecasting gold price movements, noting that the hawkish Fed stance and rate cut expectations are influencing the metal's value.