The Saudi-led coalition announced that it successfully intercepted and destroyed a ballistic missile launched by Yemen’s Houthi forces targeting Khamis Mushait, a city in southern Saudi Arabia. The incident marks a continuation of escalating tensions as the Houthis resumed missile and drone attacks following a period of relative calm after the 2022 UN-brokered truce. Coalition spokesperson Maj. Gen. Turki al-Maliki stated that the interception resulted in no casualties or significant damage. This successful interception demonstrates Saudi Arabia’s military capabilities and readiness to counter such threats. Market pricing currently reflects an 11.5 percent probability of Houthi forces entering Aden by the end of October.
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