Commodities
Houthis Launch Large-Scale Attack on Saudi Cities, Oil Prices Soar
A significant escalation of the Middle East conflict has occurred as Yemen's Tehran-backed Houthis launched attacks on four Saudi cities, causing over 70 injuries and sparking oil installations.
The drone and missile strikes represent a major expansion of the ongoing six-month-old war.
Saudi authorities reported that women and children were among those injured in one of the largest assaults on the kingdom since hostilities began this year.
The Houthis claim responsibility for launching a large-scale operation deep into Saudi territory, targeting key targets including a Saudi airbase and state oil company facilities.