Saudi-led coalition intercepts Houthi missiles and drones over Yemen

The strikes and intercepts themselves are militarily routine, but the directions tell the story: missiles aimed east toward the oil-producing heartland and drones toward the south point at two different pressure points rather than one front. For energy and shipping markets, the relevant question is not this exchange but whether launch tempo and reach persist, since sustained targeting of eastern infrastructure would carry more weight than sporadic salvos. The absence of reported impact or casualties here keeps the market signal muted for now.