War expands as Houthis attack Saudi cities and US strikes Iranian tankers
XLE•Houthis hit Saudi oil and air targets
The war has been marked by a cycle of pauses followed by periodic flare-ups, with Iran still able to launch missile and drone strikes on its neighbours and threaten oil shipping in the Strait of Hormuz despite U.S. attacks that have degraded much of its conventional forces and extracted a toll on its already ailing economy.
The Houthis, who control most of Yemen's populated areas including the capital, have further pressured U.S. allies by periodically disrupting shipping on the other side of the Arabian peninsula, at the entrance to the Red Sea.
On Tuesday the Houthis said they had launched a broad operation deep into Saudi territory, using drones and missiles to strike a Saudi airbase in the southern city of Khamis Mushait as well as Saudi state oil company assets in the cities of Abha, Najran and Jazan.
NASA satellite images showed a thick cloud of black smoke over the Jazan refinery and a column of white smoke rising from an oil distribution centre in Abha.




