Saudi Arabia is preparing a significant response to recent Houthi attacks from Yemen that targeted civilian and energy infrastructure. These strikes, including missiles and drones, wounded several civilians along Saudi Arabia’s southern border and in the Red Sea. Markets estimate that this response could delay the restart of the Saudi oil pipeline, with the likelihood of restarting before September 30 falling from 54% to 34%. These attacks raise growing concerns over regional energy security and shipping routes crucial to Riyadh’s economic interests.
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