Skip to content
Back to Guavy Wire
Commodities

Saudi Coalition Accuses Houthis of Targeting Mecca

Instruments
Oil
Share

The conflict in Yemen has escalated, with the Saudi-led coalition accusing the Houthi rebels of targeting Mecca for the first time since the current flare-up. The Houthis swiftly rejected this claim as a 'lie,' stating that it was used before and no longer fooled anyone.

The incident came after the Houthis declared a maritime blockade on Saudi Arabia, targeting its ships in the Red Sea. The group has also taken control of Yemen's Red Sea coast and the Bab el-Mandeb Strait, which is crucial for Saudi oil exports.

Riyadh warned that the security of holy sites was a 'red line,' vowing to take necessary measures against the Houthis. The Organisation of Islamic Cooperation condemned the alleged attack on Mecca.

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