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Saudi Arabia said it intercepted and destroyed a drone launched by the Houthis toward its southern region, according to a First Squawk report. The announcement marks the latest flare-up in the Red Sea security situation, which has repeatedly disrupted shipping lanes and energy infrastructure in the region. The brief statement gave no details on casualties, damage or the specific target area. Traders will watch for follow-up strikes and any impact on oil prices and shipping routes through the Red Sea.

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Houthis, Saudi Arabia, southern region