Coalition Intercepts Houthi Drones and Missiles Over Saudi Arabia
Attacks targeted Makkah and Madinah regions along with Riyadh and the Eastern Province
The coalition supporting legitimacy in Yemen intercepted and destroyed drones launched by the Houthi group in the Makkah region. Another unmanned aerial vehicle was shot down near Madinah on Sunday afternoon.
Earlier that day, the group fired ballistic missiles toward the capital, Riyadh. Residents heard explosions following air threat alerts issued by the Saudi Civil Defense.
The Houthi group also directed three drones at the Eastern Province. This area holds the majority of the country's oil and gas reserves and houses the headquarters of Aramco.
Recent attacks have targeted Saudi airports and military installations. A previous offensive caused damage to an Aramco administrative building located in Riyadh's financial district.
Geopolitical instability in the Middle East may increase risk aversion in global markets and pressure oil prices, which directly impacts demand for safe-haven assets like the dollar and Bitcoin.
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