Yemen’s Houthis say they attacked Aramco facility in Riyadh with missiles, drones

Yemen's Houthis have reportedly launched an attack on an Aramco facility in Riyadh using missiles and drones. This attack marks a significant escalation in hostilities between Saudi Arabia and the Houthis, who have been increasing their strikes on Saudi cities and energy infrastructure. The attack on an Aramco facility, a major oil producer, could have significant implications for global oil markets and the Saudi economy. The escalating conflict in the region may lead to increased volatility in oil prices and trade tensions.

Why it matters

The attack on Aramco facility in Riyadh by Yemen's Houthis has escalated hostilities between Saudi Arabia and the Houthis, which could disrupt oil supplies. This escalation could lead to higher oil prices and increased volatility in the market.

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