Skip to content
Back to Guavy Wire
Commodities

Houthis Target Saudi Capital with Ballistic Missile

Instruments
Oil
Share

Saudi Arabia's capital Riyadh was targeted by Yemen's Houthi rebels with a ballistic missile on Saturday, marking the first attack on the city since the escalation in fighting between the two sides.

The Saudi-led coalition fighting the Houthis confirmed that the missile was intercepted, but some residents heard an explosion and saw a plume of smoke near the airport. There were no reports of casualties or damage.

The Houthis claimed to have targeted 'sensitive sites' in Riyadh and facilities of oil giant Aramco in Yanbu, causing 'massive fires.' However, Aramco did not respond to requests for comment.

The conflict has brought new pressures on markets as the fighting near a key global shipping corridor continues. The United States has signaled it has no current fight with the Houthis, but regional officials have told AP that Saudi Arabia is running low on missile interceptors and has asked other countries for air defense support.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc