renew

Yemen’s Houthis renew strikes on Saudi Arabia as UNSC extends sanctions | Houthis News

Saudi-led coalition intercepts flurry of suspected Houthi missiles, drones targeting oil, military infrastructure.

Saudi-led coalition forces have said they intercepted suspected Houthi drones over Saudi Arabia’s Riyadh region and Eastern Province, as the UN Security Council agreed to extend sanctions on the Iran-allied group.

Major General Turki al-Maliki, the spokesperson for the Saudi-led coalition, announced the interceptions of suspected Houthi drones on Thursday, in a statement carried by the Saudi Press Agency.

Recommended Stories

list of 3 itemsend of list

Houthi military spokesperson Yahya Saree said the group had targeted oil infrastructure and military assets in the kingdom, including a pumping station on the East-West Pipeline with a drone as well as the Yanbu oil facility on the Red Sea.

Riyadh says it has rerouted about 4 million barrels of crude per day via its East-West Pipeline to Yanbu, equivalent to about 4 percent of global supply.

Saree further claimed a military cargo plane at Sharurah airport close to Yemen’s border was targeted with a drone, while a ballistic missile launched towards Khamis Mushait airbase “scored a direct hit”.

The Houthi spokesperson added that their forces had targeted the Saudi Aramco headquarters in the capital, Riyadh, but rejected as a “grave falsehood” a Saudi assertion that the group had targeted the kingdom’s Mecca region on Wednesday.

Saudi-backed coalition forces fighting on behalf of Yemen’s internationally recognised government say they continue to confront the Houthis across all frontlines, targeting leaders, vehicles, reinforcements, weapons and positions.

Yemen’s Defence Ministry, citing the Saudi-backed Presidential Leadership Council, said the battle against the Houthis was moving towards its “desired objectives”, according to Yemen’s official pro-government Saba news agency.

A meeting convened by the Defence Ministry was held in the Marib governorate to discuss the ongoing operations against the Houthis, where ways to enhance coordination and integration between various military units that are part of the Dawn of Yemen offensive were also discussed.

Security Council extends sanctions

On Thursday, the United Nations Security Council (UNSC) unanimously voted in favour of extending sanctions related to Yemen for one more year, including freezing assets and enforcing travel bans, while demanding an end to Houthi attacks on Saudi Arabia.

The mandate for the UN Panel of Experts on Yemen, which made the recommendations, was also extended.

UNSC members called on “all parties to refrain from escalatory actions and to resolve differences and disputes through negotiation”, while also backing the territorial integrity of both Saudi Arabia and Yemen.

“The resolution condemns the military escalation by the Houthis, their maritime and cross-border attacks against Saudi Arabia, and their threats to commercial shipping vessels,” the UNSC statement said.

The resolution emphasised that measures taken for the purpose of maintaining sanctions “shall not apply to humanitarian assistance or supplies for basic needs of civilians, without negatively affecting legitimate trade activities”.

“The council sanctions are merely a means, not an end in themselves,” said Ambassador Fu Cong, China’s envoy to the UN, who hoped that “the situation in Yemen will de-escalate as soon as possible”.

333,000 displaced

On Thursday, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said more than 333,000 people have been displaced in Yemen since the beginning of August, including more than 24,000 displaced in the past week.

Civilians “continue to pay a heavy price as violence damages health facilities, forces families from their homes, and hinders the work of humanitarians”, OCHA said.

Meanwhile, Saudi Arabia is pressing the European Union to adopt an EU Parliament resolution to designate the Ansar Allah Houthi movement as a “terrorist organisation”, according to the Reuters news agency, citing sources familiar with the drive.

But European officials told Reuters the bloc is concerned this could undermine a future peace process.

EU foreign policy spokesperson Anouar El-Anouni said the bloc was in regular contact with Riyadh on regional developments, but declined to comment on any specific discussions under way, according to Reuters.

Source link

Renew outlines FY2027 adjusted EBITDA guidance of INR 105B to INR 109B as take-private process targets Q1 2027 close (NASDAQ:RNW)

Earnings Call Insights: ReNew Energy Global Plc (RNW) Q2 fiscal 2027

Management View

  • “The first half of this fiscal has been one of the strongest in our history” with “strong growth in EBITDA and profit after tax, our lowest-ever receivable days, continued success in

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Source link