Saudi Foreign Minister says UAE decided to leave Yemen and if that's the case, Saudi Arabia will assume responsibility

Saudi Foreign Minister says UAE decided to leave Yemen and if that's the case, Saudi Arabia will assume responsibility.

The announcement from the Saudi Foreign Minister regarding the UAE's decision to withdraw from Yemen indicates a significant shift in regional dynamics, possibly leading to increased Saudi responsibility for security in the area. This development may heighten geopolitical tensions in the Gulf, potentially impacting oil prices and currencies linked to the region, especially in the forex markets where such events often drive risk sentiment and commodity pricing.