Saudi Arabia Intercepts Multiple Missiles and Drones From Houthis

Saudi Arabia's military intercepted several drones and missiles fired by Iran-aligned Houthis targeting multiple Saudi cities, including the capital Riyadh. Specifically, two drones and one ballistic missile were destroyed headed toward Riyadh. Additionally, 10 ballistic missiles aimed at southern Saudi Arabia and one cruise missile targeting Khamis Mushait were also intercepted, according to the Saudi-led coalition spokesperson Turki Al-Maliki.

The Houthis stated they carried out seven military operations using ballistic missiles and drones. Their attacks targeted Riyadh’s King Khalid International Airport, Saudi Aramco’s facilities in Yanbu, and other airports and energy installations across Saudi Arabia. Following an attack on October 10 that killed at least 13 people and injured about 300, King Khalid International Airport resumed partial operations on Sunday with divided terminal usage for domestic and international flights.

The ongoing conflict contributed to driving oil prices to a six-month high. Rising investor concerns about potential escalations followed comments from U.S. President Donald Trump and reports of planned U.S. and Israeli strikes on Iran after the November 3 midterm elections. The U.S. recently ordered non-emergency government staff to leave Saudi Arabia amid the heightened threat.

This situation matters for investors because it affects oil supply security and could trigger further geopolitical risks. Disruptions at key oil facilities and strategic airports in Saudi Arabia impact operational stability and market confidence in the region’s energy supplies.