Saudi Arabia has reported intercepting missiles targeting Riyadh and its eastern region, as renewed hostilities involving Yemen’s Houthi movement raise concerns about regional security and global oil supplies.
According to the Associated Press, Saudi authorities said their air defences intercepted two ballistic missiles aimed at Riyadh and three directed towards the eastern region on October 27. Falling debris reportedly damaged a building, a construction site and a vehicle.
The Houthis also claimed responsibility for attacks on Saudi targets, although some of their claims could not be independently verified.
The latest developments have heightened concerns about the security of critical infrastructure in the Gulf, particularly facilities linked to oil production and exports.
The situation has also affected oil markets. Reuters reported on October 28 that Brent crude rose to around $115.90 per barrel, while US West Texas Intermediate reached approximately $101.91. The increases followed reports of an attack on a major Saudi refinery, although Saudi authorities had not immediately confirmed the reported strike.
The developments highlight the connection between Middle East security and the global economy. Any prolonged disruption to oil production or shipping routes could affect fuel prices, transportation costs and inflation in countries that depend on imported petroleum products.
Diplomatic efforts and further security developments are likely to influence how the situation unfolds in the coming days.
