Saudi-led coalition airstrikes in Yemen have intensified amid renewed Houthi ballistic missile and drone launches targeting Riyadh and Saudi energy infrastructure in mid-November 2026. Coalition forces reported intercepting multiple missiles and drones on November 15 while conducting dozens of air and artillery strikes across Saada, Taiz, Lahij, Marib, and al-Jawf provinces in support of Yemeni government operations. Anti-Houthi forces have redeployed from positions near the Bab el-Mandeb Strait to defend Aden, following Houthi territorial gains along the Red Sea coast. These developments reflect ongoing escalation in cross-border exchanges and frontline fighting, with trader assessments of near-term strike likelihood shaped by the pace of Houthi attacks and Saudi responses within the resolution window.