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Gulf states call off meeting with Iran, Houthis launch new attack on Saudi

  • Houthi forces hit a Saudi airbase near Khamis Mushait and seized Perim Island in the Red Sea, widening the war into Yemen.
  • A strike that damaged Saudi’s east‑west pipeline and fresh attacks pushed crude up ~3% and U.S. diesel to a record ~$6.23/gal, risking about 4% of global oil supply.
  • An Oman‑hosted Iran–Gulf meeting was postponed, and the U.S. is under pressure over whether to intervene — adding diplomatic strain ahead of the U.S. midterms.
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