On October 3, 2026, Yemen's Houthi rebels targeted a Saudi Aramco oil refinery south of Riyadh with missiles and drones, sparking a massive fire. Saudi Arabia retaliated with 26 airstrikes on the Houthi-controlled capital of Sanaa. The escalation follows the collapse of a four-year truce in July 2026, which has plunged Yemen back into civil war, displaced millions, and threatened global energy markets, prompting the G7 to release 100 million barrels of oil reserves.
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