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Houthi Missile, Drone Strikes Hit Saudi Oil, Insurance Costs Soar

7/28/2026

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Houthi Strikes

On Saturday, July 25 2026, Iran-backed Houthi rebels launched missiles and drones at Saudi Arabia’s Yanbu and Jizan oil facilities.
Official statements confirmed the strikes and said Yemen’s government is prepared for further escalation.
Houthi Brig. Gen. Yahya Saree said the attacks hit Saudi Aramco facilities in Yanbu and Jizan.
Kpler data recorded 11 cargo vessels transiting the Bab el-Mandeb on Monday, the lowest in months.

Left

Houthis Attack Oil

Iran-backed Houthi rebels launched missiles and drones at Saudi Arabia’s Yanbu and Jizan oil facilities on Saturday, July 25 2026.
Yemeni foreign-minister-designate Afrah al-Zouba said the attacks reveal Houthis feel emboldened by a weak international response, endangering vulnerable economies.
Insurance premiums for vessels transiting the southern Red Sea doubled after the attacks.
Saudi Arabia diverted millions of barrels to Yanbu, highlighting Red Sea route after Hormuz closure.

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Houthi Strikes

On Saturday, July 25 2026, Iran-backed Houthi rebels launched missiles and drones at Saudi Arabia’s Yanbu and Jizan oil facilities.
Official statements confirmed the strikes and said Yemen’s government is prepared for further escalation.
Houthi Brig. Gen. Yahya Saree said the attacks hit Saudi Aramco facilities in Yanbu and Jizan.
Kpler data recorded 11 cargo vessels transiting the Bab el-Mandeb on Monday, the lowest in months.

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