Cheers Vitamin/Windsor.
From a fundamental aspect it does seem the Houthi are going backwards at a rate of knots. Territorial losses as well as losses in leadership.
If Taiz and Hodeidah fall I can not see the Houthi hanging on . They will be belligerent to the end based on their behaviour to date but will struggle to hold their political status as those around them turn their backs as seems to be happening now.
Maybe, just maybe, PSA will get into operation at Yemen sooner rather than later? It has been a long wait.
PSA Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held