Houthis turn up the heat on Saudi coalition
Saudi Arabia is considering its response after intercepting seven missiles launched from Yemeni soil
The decision by the Houthis to fire volleys of missiles towards targets in Saudi Arabia is further proof that an end to Yemen's conflict is nowhere in sight. Far from being cowed by three years of intense aerial bombardment by Saudi Arabia and its allies, the Houthis are hoping to pressure the coalition into calling off its campaign. There's no chance that the Saudis will respond in the way the Houthis want. Ending the bombing would be tantamount to handing victory to the Houthis—and by extension to Iran, which is accused by the kingdom of providing missiles and other weapons to the rebels in Yemen. So it's hard to predict what extra steps, if any, Saudi Arabia will take—short of getting inv
Also in this section
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
