Houthis break truce with Saudi missile strikes
Analysis based on 12 articles · First reported Jul 13, 2026 · Last updated Jul 14, 2026
The renewed Houthi attacks on Saudi Arabia risk disrupting oil exports via Red Sea routes and could increase oil price volatility. Broader regional instability may weigh on Gulf stock markets and raise risk premiums for Saudi assets.
On July 13, 2026, Yemen's Houthis fired missiles at Saudi Arabia, breaking a four-year truce that had held since March 2022. The Houthis accused Saudi Arabia of bombing Yemen — Sanaa International Airport earlier that day, which Saudi-backed Yemeni government forces claimed was to prevent an Iranian plane from landing. Saudi air defenses intercepted missiles launched toward the southern region, and Houthi military spokesperson Yahya Saree claimed responsibility for targeting Saudi Arabia — Abha International Airport with drones and missiles. The Houthis also warned commercial airlines to avoid Saudi airspace and detained an ICRC plane at Sanaa airport. Iran condemned the bombing of Sanaa airport. The escalation threatens renewed conflict on Saudi Arabia's southern border and could disrupt Red Sea shipping, impacting global oil flows.
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