Attacks are shattering the illusion of Saudi Arabia as a safe investment hub as it tries to attract foreign money and diversify away from oil.
LONDON – Houthi militants who control northwestern Yemen have in the past week attacked Riyadh’s international airport and hit the headquarters of Saudi Aramco, the world’s largest oil company, in air assaults that have laid bare Saudi Arabia’s vulnerability to threats from its enemy next door. The attacks are shattering the illusion of Saudi Arabia as a safe international investment hub as it tries to attract foreign money and diversify away from oil. This nightmare scenario for a key U.S. ally in the Gulf has been years in the making, weapons and regional experts say.
Extract — continue reading at the source.
Similar stories
6 outlets
See how this story developed, hour by hour
Who Are the Houthis and Why Are They Attacking Saudi Arabia’s Airports?
time.com
15.10.2026
Oil facility near Yemen capital Sanaa hit by Saudi Arabia, Houthis say
france24.com
13.10.2026
Trump considering strikes against Houthis in Yemen after attacks on Saudi Arabia
cbsnews.com
13.10.2026
Military briefing: Houthis expose limits of Saudi Arabia’s vast arsenal
ft.com
14.10.2026
Saudi Arabia strikes strategic oil depots near Yemen capital
theguardian.com
13.10.2026
Houthis threaten Saudi Arabia’s Aramco facilities and airports
aljazeera.com
13.10.2026