Houthi military action against Saudi Arabia

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Yemen launched an offensive on Saturday, July 25, using missiles and drones that struck the Saudi city of Jazan, causing multiple explosions. The attack coincided with the Houthi movement's announcement of a naval blockade. As part of this reciprocal measure, the closure of the Bab el-Mandeb Strait to ships from Saudi Arabia was announced.
July 31cnn.com92%match97¢+3%
Live: Yemen's Houthis claim missile attacks against Saudi Arabia
July 31iran__7vwd93%match92¢+9%
¶ Urgent Statement from the Yemeni Armed Forces regarding the targeting of sensitive Aramco facilities in Jizan and Yanbu with dozens of ballistic and cruise missiles and drones, achieving precise and direct hits - July 25, 2026
July 31Kan Reporter93%match92¢+9%
Houthi military spokesman Yahya Sarie: In response to Saudi Arabia's attacks, we carried out two military operations: We attacked sensitive targets at the facilities of the oil giant Aramco in Jizan with dozens of ballistic missiles and drones, and we attacked sensitive Aramco targets in the city of Yanbu with several missiles and drones.
July 31Houthi Spokesperson92%match91¢+10%
In its continued siege of the Yemeni people and in yet another violation of the sovereignty of the Republic of Yemen, the Saudi enemy regime launched a series of unjust and criminal airstrikes last night on the city and port of Hodeidah and Kamaran Island. These airstrikes resulted in material and incorporeal damage, and air defenses engaged with a formation of enemy aircraft after they violated Yemeni airspace, preventing them from committing further crimes against this great nation. In response to this blatant and criminal aggression, the Yemeni Armed Forces carried out two qualitative military operations. The first targeted sensitive Aramco-affiliated facilities in Jizan with dozens of ballistic missiles and drones. And the second operation targeted sensitive Aramco-affiliated facilities in Yanbu with a number of ballistic and cruise missiles and drones. Both operations successfully achieved their objectives, thanks to Allah Almighty, with accurate and direct strikes. This escalation of aggression confirms the Saudi enemy's determination to continue its siege of our people and its violation of our country's sovereignty. This is unacceptable, and our free, faithful, and valiant people will confront it with unwavering resolve and strength. We in the Yemeni Armed Forces, relying on Allah, are committed to fulfilling our duty of honorable and responsible defense of our beloved country and our noble people—the people of faith and wisdom, the people of Islam and Arabism. This criminal enemy will find nothing from us but resistance and confrontation from our righteous position, while it stands on the side of falsehood, Indeed, falsehood is ever bound to perish. We affirm that the naval blockade imposed on the Saudi enemy remains in effect, in response to its aggression and its unjust blockade that has persisted for twelve years. We will not hesitate to expand our operations and escalate our actions based on developments in the coming hours and days, within the equation of a blockade for a blockade and an escalation for an escalation. Sana'a, Safar 11, 1448 AH July 25, 2026 AD Issued by the Yemeni Armed Forces
July 31Houthi military media93%match90¢+11%
Statement from the Yemeni Armed Forces regarding the targeting of sensitive Aramco facilities in Jizan and Yanbu with dozens of ballistic and cruise missiles and drones, achieving precise and direct hits - July 25, 2026
July 31Kan Reporter92%match82¢+22%
Pro-Iranian media outlets are reporting that the Houthis in Yemen have launched missiles at targets in the port city of Jizan in southwestern Saudi Arabia, in response to Saudi attacks last night in the area of ​​the port city of Al-Hodeidah in western Yemen.
July 24Kan Reporter92%match10¢-100%
Pro-Iranian media outlets are reporting that the Houthis in Yemen have launched missiles at targets in the port city of Jizan in southwestern Saudi Arabia, in response to Saudi attacks last night in the area of ​​the port city of Al-Hodeidah in western Yemen.
July 31nytimes.com92%match63¢+59%
Live: The Houthi Foreign Ministry said Saudi strikes on Hodeidah Province would be met with “escalation for escalation,” according to a statement carried by the Houthi-run Saba news agency. The ministry also accused the Saudi government of refusing demands to lift the blockade on Yemen.
July 31Houthi military media92%match57¢+75%
To the Saudi enemy: Escalation for escalation The Leader - July 16, 2026
July 31Russian Media93%match28¢+257%
FWD from IZ.RU • IMPORTANT: How will the naval blockade of Saudi Arabia affect the country's economy and the oil market? Escalation of the conflict Ties between the Houthis and Saudi Arabia escalated after an attack on the runway of the airport in Sana'a, where a plane carrying representatives of the Houthi movement was landing. Although the official Yemeni authorities claimed responsibility for the attack, the Houthis blamed Riyadh for the strikes and attacked the Saudi airport in Abha. In addition, a maritime embargo was imposed on Saudi Arabia. According to the Houthis, this was a response to the "siege" of the people of Yemen and the "plundering of the country's resources." The threat appears real, since the group has previously carried out attacks on ships in the Red Sea. The attacks now threaten all shipping in the region—the Houthis have already stated that they will not determine the identity of cargo before striking—the decisive factor will be the entry of ships into Saudi ports. A new round of conflict could disrupt the supply of energy resources, raw materials, and food, leading to disruptions in international logistics and exacerbating shortages. Egypt, which relies on ships transiting the Suez Canal, will suffer significantly. For it, the risks of shipping in the Red Sea and the possible drop in traffic mean a decrease in foreign exchange earnings. Threat to Oil Supplies For Saudi Arabia, a naval blockade could be another crushing blow to oil exports. Riyadh pumps the bulk of its oil—approximately 70%—through the East-West pipeline to the port of Yanbu on the Red Sea. Supplies go to India, China, and countries in Asia. If this route is blocked, the damage to the crude oil market will amount to approximately 2.5 million barrels per day. Oil prices have already responded to the Houthi threats: on the morning of July 22, the price rose to $94.18 per barrel. Experts believe that in addition to supplies, oil refining is also suffering: compared to last year, its volumes have decreased by 5 million barrels per day. Moreover, the US, which has become the world's leading exporter of petroleum products, is already running out of reserves due to domestic demand. A decrease in fuel reserves could lead to a slowdown in the global economy, and major powers are already preparing for such a scenario. The route remains an important channel for the export of energy resources and raw materials for the Middle East, Asia, and Russia. Due to the increasing frequency of attacks on ships, some companies are opting to extend the route and bypass South Africa for cargo safety, significantly increasing costs and adding two weeks to delivery times. Subscribe to IMPORTANT | More news here

What is this event about?

This market will resolve to “Yes” if the Houthis take a qualifying military action against Saudi Arabia by the specified date, 11:59 PM Arabia Standard Time (AST). Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the Houthis, that directly impacts Saudi Arabia. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Yemen do not constitute a military action regardless of any damage incurred. “Saudi Arabia” refers to the terrestrial territory of Saudi Arabia, including its internal waters. Saudi Arabia’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Saudi Arabia as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (IDT) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the government and military of Saudi Arabia, the Houthis and credible reporting.

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