Yemen’s Houthi movement announced an attack on a Saudi Aramco facility in Abqaiq, Saudi Arabia. The site is a key part of the kingdom’s oil infrastructure and was previously targeted, notably in 2019. The Saudi government has not confirmed the attack, and the Houthi claim remains independently unverified. Markets now assign an 18% probability to the Houthis entering Aden by December 31, 2026, reflecting a recent increase in perceived likelihood.
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