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Middle East diplomacy stalls as war spreads, Hormuz talks postponed

New attacks in Hormuz and Saudi Arabia as planned talks between Tehran and its neighbours are put off

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Houthis engaged in fighting near the western Yemen port city of Mokha, which they captured last week. Photo: Houthi Military Media via EPA
Houthi fighters at a seized camp during their offensive in western Yemen.  Photo: Houthi Military Media via EPA
A Houthi fighter at the entrance to a seized camp. Photo: Houthi Military Media via EPA
Houthi fighters inspecting damaged pick-up trucks. Photo: Houthi Military Media via EPA
Houthi fighters inspecting ammunition boxes at a seized camp.  Photo: Houthi Military Media via EPA
Reuters

Middle East diplomacy appeared to falter heading into Monday with the postponement of a meeting between Iran and other Gulf powers, while attacks around the region’s two most important oil transit routes deepened concern over global energy supplies.

Oil prices jumped more than 3 per cent on Monday, following Houthi strikes on the world’s biggest exporter Saudi Arabia, a separate attack that forced the closure of its key 1,200km (745-mile) east-west pipeline on the weekend, and attacks on ships in the Gulf which compounded supply concerns.

Hopes for a diplomatic breakthrough in the near term faded when Oman’s foreign minister, Sayyid Badr Albusaidi, posted late Sunday that a regional meeting scheduled for Monday had been postponed “in the ‌interests of consensus”.

Iranian officials had said they would attend the gathering with Gulf Arab states to present an agreement with Oman on governing shipping routes through the Strait of Hormuz, which carried about a fifth of global oil supplies before the war.

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