Saudi Arabia confirmed that its coalition forces targeted Houthi militia positions in Yemen following the group's claims of attacking two Saudi oil tankers in the Red Sea. Major General Turki Al-Malki stated that the strikes were aimed at legitimate military targets used by the Houthis to threaten commercial shipping. This escalation comes amid U.S.
President Donald Trump's warning that Iran would be held accountable for the Houthi attacks, indicating a potential for increased military action. The Houthis have also threatened a maritime embargo against Saudi Arabia, which could disrupt oil exports through critical waterways.
Reports indicate that Saudi air defenses intercepted two ballistic missiles aimed at oil refineries in Yanbu, although no damage was reported. The situation is further complicated by ongoing U.S. airstrikes against Iranian interests, suggesting a broader conflict that could affect oil markets and investor sentiment