Iran conflict widens as Houthis strike Saudi energy infrastructure

Houthi forces have claimed missile and drone strikes on a Saudi Aramco facility near Riyadh, as fighting in Yemen intensifies against a backdrop of the broader Iran conflict. Trump publicly warned Tehran of a hard reckoning ahead, while Yemeni forces also struck the capital Sanaa in retaliatory exchanges. The attacks on Gulf energy infrastructure send a direct signal to global oil markets at a moment when Middle East conflict is already inflating fuel costs, with Australia's treasurer among those citing it as a driver of budget pressure. Saudi-Houthi hostilities formally resumed in July after a period of relative calm.