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Yemen's Houthis launched missile attacks on Riyadh's King Khalid International Airport over the weekend, killing 13 people and wounding over 300, according to Saudi coalition officials. The attacks targeted two airports and oil facilities, prompting Saudi Arabia to vow.
Houthi attacks on Saudi airports killed three people, marking an escalation in the Yemen conflict. Separately, a New York court heard arguments in a lawsuit by 9/11 families alleging Saudi government involvement.
The G7 group of nations has called on Iran to stop arming Yemen's Houthi rebels, condemning recent Houthi attacks on Saudi Arabia as a threat to global energy security. The statement comes as world leaders gather for the UN General Assembly, where US President Donald Trump is.
Saudi air defenses intercepted a Houthi drone south of Mecca on Tuesday, prompting a 'red line' warning from the coalition. Meanwhile, the US decided not to back Saudi Arabia after meeting Houthi leaders in Oman, citing assurances on Red Sea shipping.
The US House of Representatives voted for a third time to end the war with Iran, a symbolic move likely the last before midterms. Saudi air defenses intercepted a Houthi drone south of Mecca, highlighting the regional threat.
Oil prices have surged as stocks and bonds wobble, according to Google Trends Canada data. Meanwhile, Yemen's Houthis have seized territory near the Bab al-Mandab Strait, threatening a key global trade gateway for oil and shipping.
Iran-backed Houthi rebels attacked four Saudi Arabian cities with drones and missiles, wounding over 70 people and igniting oil installations. Saudi Arabia vowed retaliation, while global oil prices rose and TSX futures slipped on weaker gold prices.
