Yemen’s government forces announced that they killed approximately 285 members of the Iran-backed Houthi movement during 835 attacks over 24 hours. The military operation, called “Dawn of Yemen,” aims to contain Houthi advances and secure strategic positions, particularly around Aden. Prediction markets reduced the probability of Houthi forces entering Aden by October 31, 2026, from 4% to 1.3%. The odds of a Houthi military action against Israel by December 31, 2026, also fluctuated significantly, reflecting uncertainty about the movement’s capabilities and intentions.
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