A fresh wave of missile strikes by Yemen’s Iran-backed Houthis has targeted key Saudi infrastructure, including areas near the Red Sea and western regions, raising concerns over potential disruptions to global oil supplies. Saudi Arabia reported intercepting six ballistic missiles, though the Houthis claimed their attacks were directed at Riyadh and critical energy facilities, heightening tensions in the region. The renewed hostilities have already sent oil prices climbing to their highest level in a week, as markets react to fears of escalating supply risks. With both sides exchanging claims over the strikes’ intended targets, the conflict threatens to deepen instability in an already volatile area.
The Saudi-led coalition in Yemen said the missiles were aimed at Taif and the Yanbu area on the Red Sea, the main alternative route for Saudi oilSaudi Arabia says it intercepted six ballistic missiles fired by Yemen’s Iran-backed Houthis, with the latest attacks pushing oil prices to a one-week high over fears of spiralling supply disruptions.The Saudi-led coalition in Yemen said the missiles were aimed at Taif in western Saudi Arabia and the Yanbu area on the Red Sea, with the Houthis claiming their attacks were aimed at “a sensitive target” in the capital Riyadh and on Saudi Aramco facilities in Tanbu. Continue reading...
