Saudi Arabia's military involvement in Yemen has intensified sharply since early October 2026, when the internationally recognized Yemeni government launched Operation Dawn of Yemen—a counteroffensive to reclaim Red Sea coastal territory and the Bab al-Mandab Strait seized by Houthis the prior month. Saudi-led coalition airstrikes have provided extensive support, with officials reporting thousands of strikes on Houthi positions, weapons depots, and naval assets in Sanaa, Hodeidah, and other areas. In response, Houthis have conducted repeated ballistic missile and drone attacks on Saudi targets, including Riyadh's main airport (killing at least 12 civilians) and Aramco facilities, prompting further Saudi strikes and activation of defense pacts with Turkey and Pakistan. Ongoing ground clashes around Taiz and coastal zones, combined with stalled diplomacy, sustain high trader focus on near-term Saudi operational decisions amid risks of wider escalation.