The Houthis have launched drone and missile strikes against Saudi-led coalition forces in Yemen. These attacks have resulted in the deaths of dozens of government troops backed by Riyadh. The offensive represents a significant escalation in the ongoing conflict and highlights the Houthis’ advanced military capabilities. Prediction markets are pricing the likelihood of Houthi military action against Israel at 6.5 percent, suggesting increased perceived risk of cross-border actions. Observers are monitoring statements from Houthi representatives and potential retaliatory actions by the coalition.
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