Saudi Arabia Starts Bombing Targets in Yemen, Bullish for Oil Price

Saudi envoy to US says has launched a military operation in Yemen to defend government of president Saudi envoy says military operation in Yemen involves 10 countries including gulf Arab countries Saudi envoy says Yemen Houthi militia forces are in control ballistic weapons Saudi envoy says Hadi and other members of his cabinet are continuing to run the government from Aden Saudi envoy says trying to save Yemen from radical group, have decided to assist Yemen government as requested Saudi envoy says objective of operation is protecting and defending legitimate government of Yemen Saudi envoy says consulted about the military operation with the United States Ssaudi envoy says military operation in Yemen involves air strikes Saudi envoy says declines to give current location of hadi, refers questions to Yemeni officials Saudi envoy says military operation is based on UN and Arab league charters that justify support for Hadi's government Saudi envoy says Houthi militia has control of Yemeni air force Saudi envoy says has air assets from various countries in Saudi Arabia and other military assets on the way to the kingdom Saudi envoy says military operation is not limited to one particular city or region of Yemen Saudi envoy says "having yemen fail is not an option for us" Saudi envoy says military operation Yemen started at 7 p.m. EST and the US is not participating in the operation

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