Houthis strike Saudi targets anew as talks over Strait of Hormuz stall

Summary

Houthis launched fresh missile and drone strikes on Saudi targets as Gulf Arab states postponed talks with Iran over the Strait of Hormuz. The conflict is heightening pressure on global oil supplies and pushing crude prices higher.

Key Points
  • Houthis fired dozens of missiles and drones at a military airbase in southern Saudi Arabia, wounding 13 civilians, according to the Saudi-led coalition.
  • The latest fighting in Yemen and attacks on Saudi infrastructure are increasing pressure on oil exports and global energy markets.
  • Planned talks in Oman on reopening the Strait of Hormuz were postponed, worsening fears of a wider regional conflict.
  • The US has resisted Saudi requests for direct military intervention, while tensions with Iran remain high over shipping in the Gulf.
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