Houthi spokesperson Yahya Saree announced Tuesday that the group’s forces were confronting Saudi fighter jets targeting Yemen’s capital, Sanaa. This confrontation marks a significant escalation in hostilities following a period of relative calm since the 2022 truce. Market pricing now reflects a 21 percent probability of Saudi airspace closure, up from previous levels. Saudi authorities have not confirmed these specific attacks, and the potential geopolitical consequences remain uncertain.
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