SignalGeopolitics
Houthis Mount Another Large Missile Assault On Riyadh & East-West Pipeline
Houthi missile assault targets Riyadh and East-West Pipeline, escalating geopolitical risk.
Context
What happened: The Houthis launched another missile salvo into Saudi Arabia, with spokesperson Yahya Saree saying the group targeted King Khalid International Airport, pumping stations along the East-West pipeline, an Aramco facility in Abqaiq and Riyadh's financial district. Saudi authorities have not acknowledged the attack.
Why it matters: The attacks are hitting the kingdom's economy as Gulf states seek to present themselves as stable and open to investment. Saree warned investors and companies against keeping their investments in Saudi Arabia.
What changed
The Houthis launched another missile salvo into Saudi Arabia, with spokesperson Yahya Saree saying the group targeted King Khalid International Airport, pumping stations along the East-West pipeline, an Aramco facility in Abqaiq and Riyadh's financial district. Saudi authorities have not acknowledged the attack.
Why it matters
The attacks are hitting the kingdom's economy as Gulf states seek to present themselves as stable and open to investment. Saree warned investors and companies against keeping their investments in Saudi Arabia.