The advances of the Houthis in Yemen and their control over the western regions of the country have affected the oil relations between China and Saudi Arabia. These changes occur at a time when China, as one of the main buyers of Saudi oil, needs to maintain its relations with this country.
Developments in Yemen and Their Impact on China
In recent months, the Houthis have taken control of ports and strategic areas in Yemen, raising serious concerns about the security of shipping in the Red Sea and the Bab el-Mandeb Strait. These maritime passages are of great importance in international trade, especially for the oil exports of Gulf countries. China, as one of the largest buyers of Saudi oil, is seeking to ensure the security of its oil tankers passing through these areas.
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China has recently negotiated with the Houthis to ensure the safe passage of Chinese oil tankers through the Red Sea. This action reflects Beijing's efforts to protect its economic interests in the region. Chinese refineries have currently purchased 12 million barrels of Saudi oil for shipment in November, which will impact the continuity of the oil export flows from this country.
Challenges Ahead
Despite China's efforts to maintain its relations with Saudi Arabia, instability in Yemen and threats from the Houthis could lead to an unstable situation for shipping in these areas. The Houthis have recently announced the closure of the Bab el-Mandeb Strait to Saudi shipping and warned companies about loading and unloading operations at the ports of this country.
Moreover, Chinese experts believe that China is facing increasing pressure to play a broader political and security role in the region. These developments also highlight the challenges China faces in aligning with Gulf Arab countries while maintaining its relations with Iran.
Given China's extensive trade relations with Arab countries and its dependence on Saudi oil, the developments in Yemen could lead to the continuation or alteration of these relations. Therefore, China must carefully manage its actions in this regard and avoid unintended consequences.
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