Yemeni government forces have reported that Houthi rebels launched ballistic missile attacks against Aden Airport and the Maashiq Presidential Palace Complex. The strikes mark an escalation in hostilities between the Houthis and Yemen’s internationally recognized government, which is backed by Saudi Arabia. Pricing suggests a 13% probability of Saudi airspace closure by the end of the year, while the probability of Houthi forces entering Aden by the end of December remains at 16.5%. Observers are monitoring Saudi Arabia’s response, further missile attacks, and any announcements concerning ceasefires or de-escalation talks.
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