Saudi-led coalition forces intercepted a Houthi ballistic missile north of Riyadh, according to military sources. The missile was launched from Yemeni territory and targeted Saudi territory. The coalition confirmed the interception, marking another escalation in the ongoing conflict.
The attack comes amid heightened tensions between Yemeni forces and the Saudi-led coalition. Yemeni officials reported that their forces have tightened control over the highest peak in the Jabal Habashi district of Taiz, a strategic location in southern Yemen. This development suggests a shift in territorial control and increased military activity in the region.
The Houthi attacks have had a direct impact on global oil markets. Following the incident, oil prices rose as concerns over supply disruptions resurfaced. Brent crude prices climbed above $100 per barrel, driven by fears of reduced Gulf exports and thinning fuel reserves. The situation has intensified market volatility, with diesel shortages further complicating the energy landscape.
The conflict in Yemen has been ongoing for years, with the Saudi-led coalition intervening in 2015 to support Yemeni government forces against Houthi rebels. The current escalation underscores the continued instability in the region and the broader implications for global energy security.
