Saudi-led coalition says it intercepted 6 Houthi ballistic missiles

The targeting of Taif and Yanbu matters less for the interception count than for the geography: Yanbu anchors a Red Sea energy and shipping corridor that sits at the center of Saudi diversification plans, so sustained Houthi reach toward it is a risk signal for infrastructure and transit assumptions in the region. The immediate read is that the coalition's air-defense screen continues to absorb these launches, but the open question is whether the pace and range of such attacks persist, and whether shipping and insurance markets begin to price the corridor differently.