Houthi missiles hit Aden airport and Yemen coastguard base

What This Means

Houthi military operations targeting Saudi territory and Yemen's port city raise immediate risks to oil and gas infrastructure in the world's largest crude exporter and to maritime traffic through the Red Sea and Gulf of Aden. Supply disruptions to energy markets and higher insurance costs for vessels transiting the region follow from sustained attack campaigns. Investors typically shift toward safe-haven assets and defense stocks when regional conflict threatens critical commodity flows.