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Markets

UK advises against non-essential travel to Saudi Arabia amid Houthi attacks

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Britain has updated its foreign travel guidance, advising against all but essential travel to Saudi Arabia. This move comes amid ongoing missile and drone attacks by Yemen’s Iran-backed Houthi movement, according to the UK Foreign, Commonwealth and Development Office. The updated guidance highlights the increased risk in the region, including attacks near Saudi airports and other key locations. The British government’s advisory suggests a broader threat perception, extending beyond the immediate Saudi-Yemeni border, and aligns with recent reports of Houthi assaults in the region. Developments to watch include any further escalations in Houthi attacks, particularly those impacting Saudi infrastructure or military operations. Markets are likely to respond to verified reports of Houthi advances towards Aden, especially if they capture strategic locations.

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