Cheers Peter. I still hold the view Iran holds the key to progress against the Houthi. There is strong resentment both internally and externally to Iran's meddling in neighbouring nations. Iran is treading a fine line that is getting thinner by the day. Their own people are rebelling against the controlling regime and retaliation against Iran on foreign soil is growing. Should Iran fall (replaced regime) it is likely a more unified and peaceful Iran will result. Such an outcome would cut off military support to the Houthis.
This might take time, but the winds of change are blowing and the current Iranian regime is in danger in my opinion. If they do not heed their own people they will be overrun.
PSA Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held