Comments from a Saudi spokesman:
- Saudi Arabia will step up airstrikes to stop Houthi troop movements
- Warships from Saudi coalition besieging Yemen ports.
Oil traders are closely watching the violence in Yemen but traders are reluctant to make moves until there is more clarity about the Iran nuclear talks in Switzerland. The self-imposed deadline for a deal is tomorrow.
The latest comments in regards to Iran come from China, where an officials said he was 'cautiously optimistic' but that all sides need to compromise.
Update: A Saudi spokesman says ground forces are trained and ready to perform their duty at the right time.
