Yemen's Construction Sector Collapses Amid Soaring Fuel Prices and Regional War
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Yemen's construction industry grinds to a halt due to soaring fuel prices triggered by the US-Israel-Iran war, devastating the livelihoods of labourers like Fuad Mohammed amid a broader economic crisis.
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Warum es wichtig ist
Yemen's decade-long war has led to a bifurcated economy, with the current regional conflict exacerbating supply chain and price issues.
Taiz, Yemen – Fuad Mohammed has been working as a construction labourer for more than 25 years. The 46-year-old has seen things get progressively worse in Yemen’s construction industry since the war in the country started more than a decade ago, and then further deteriorate after the US-Israel war on Iran began in late February, with its devastating economic impact on the wider region.
“We can barely eke out a living for our families,” Fuad told Al Jazeera.
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Worauf zu achten ist
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Further price increases before any potential stabilization.
Wahrscheinlich · Kurzfristig
Increased humanitarian crisis among labourers and dependent families.
Sehr wahrscheinlich · Kurzfristig
Offene Fragen
- When will the US-Israel-Iran war end?
- How will the Houthi rebels' actions affect long-term regional stability?
