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Allies unite behind Saudi Arabia as Houthis step up attacks - Headlines news and analysis from Global Banking & Finance Review
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Allies unite behind Saudi Arabia as Houthis step up attacks

Published by Global Banking & Finance Review

Posted on September 25, 2026

5 min read

· Last updated: September 25, 2026

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Allies Rally Behind Saudi Arabia Amid Escalating Houthi Attacks and Oil Disruptions

Regional Response and Escalating Tensions

By Timour Azhari and Hatem Maher

Urgent High-Level Meeting Under Joint Defence Pact

RIYADH/CAIRO, Sept 25 (Reuters) - Saudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis, while Tehran sought to distance itself from the rapid advance of its Houthi allies.

The Houthis have launched strikes on the Saudi-backed government in Yemen and repeatedly fired into Saudi Arabia, disrupting oil flows from the world's largest energy exporter, as part of a wider Middle East war that began with US and Israeli strikes on Iran in February.

Recent Houthi Strikes and Saudi Defensive Measures

The Houthis said they had fired dozens of missiles and drones at Saudi targets on Thursday, while authorities in Saudi Arabia said they had intercepted six ballistic missiles fired by Houthi fighters. 

Saudi Arabia earlier had issued emergency alerts for areas including the holy city of Mecca, Jeddah and Yanbu, the main Saudi Red Sea oil port.

Religious and Political Support for Saudi Arabia

Saudi Arabia's top religious authority called on soldiers in the kingdom to be ready to lay down their lives to fight the Houthis until the group is ousted from power, a statement posted on the Saudi state news agency said.

Diplomatic Efforts and Defence Agreements

Amid the fighting, the Saudi, Pakistani and Turkish foreign ministers met within the framework of the Mecca Joint Defence Agreement, according to a Saudi foreign ministry statement. They condemned the attacks targeting Mecca and other civilian sites, while affirming Saudi Arabia's right to defend itself, the statement said.

Arrangements for Chiefs of Staff Meeting

"The ministers also discussed arrangements for holding an urgent meeting of the chiefs of staff of the three countries to discuss ways to support Saudi Arabia under the Mecca Joint Defence Agreement, which stipulates that an attack against any one of the parties constitutes an attack against all parties," the statement said.

Iran’s Position and Diplomatic Maneuvers

Iranian President Distances from Houthis

The meeting was announced shortly after Iranian President Masoud Pezeshkian sought to distance Iran from the Houthis in an American television interview on Thursday.

"The Houthis are responsible for their own actions," Pezeshkian told the Fox News program "Special Report with Bret Baier" a day after he appeared before the UN General Assembly in New York.

Diplomatic Pause and Mediation Efforts

The Pezeshkian interview and speech took place amid a pause in fighting between the US and Iran and a brief attempt at diplomacy in New York, with Qatar serving as intermediary between the warring parties.

Iran’s Proposal for Strait of Hormuz and Sanctions Relief

Iran’s Foreign Minister Abbas Araqchi told reporters on Thursday that Tehran had conveyed a proposal to the United States via intermediaries under which the Strait of Hormuz would be reopened if Tehran’s conditions were met.

Under Iran’s proposal, hostilities would end on all fronts, including Lebanon, within seven days. The United States would lift its blockade on Iranian ports, release Iran’s frozen funds and waive its oil sanctions, he said.

“The Strait of Hormuz will be reopened on the last day,” Araqchi said, adding that talks with the United States on other issues, including Iran’s nuclear issue, would then start.

A senior Iranian official told Reuters on Wednesday  that Tehran was reviewing Washington's response to its peace proposals. 

Impact of War on Global Energy and Regional Stability

Oil Disruptions and Military Engagements

The war, which US President Donald Trump launched alongside Israel in February, has killed thousands of people and disrupted global energy supplies, pushing up oil prices.

While the US and Iran have largely stood down from direct combat, Iranian allies are engaged in the region with Hezbollah confronting Israel in Lebanon and the Houthis advancing in Yemen.

Iran and its allies have significantly pressured oil exports from Saudi Arabia, a US ally. The Houthis have disrupted ship traffic at the mouth of the Red Sea while Iran has effectively limited tanker traffic at the Strait of Hormuz, the conduit for 20% of the world's oil exports before the start of the war. An attack by Iranian-backed militias in Iraq also temporarily knocked Saudi Arabia's East-West Pipeline out of service.

Debate Over Iran’s Influence on Houthis

Security experts have debated exactly how much Iran directly influences the Houthis, a Shi'ite Islamist movement that evolved from a local insurgency into a powerful armed group controlling much of northern Yemen.

However, Yemeni government, Iranian and ‌regional sources have said the Houthis' advance down Yemen's Red Sea coast was carried out with direct guidance from Iran's Islamic Revolutionary Guard Corps. 

US Policy Shifts and Economic Isolation

Secondary Sanctions and Regional Impact

With the US-Israeli war against Iran largely stalemated for months on the battlefield, Washington has announced a shift in tactics to extend the reach of its financial sanctions by targeting companies from third countries that do business with Iranian firms, a practice known as "secondary sanctions".

Iranian airlines were barred from neighbouring countries including the UAE and Oman on Thursday in response to new US sanctions, the first big impact of a shift in US policy to target companies in third countries that do business with Iran.

Economic Crisis and Civilian Hardship

A flight ban, if sustained, could deepen Iran's isolation and worsen an economic crisis in the country, which is already facing a US blockade of its ports at sea.

"We are living in an open-air prison," a retired teacher in Tehran told Reuters by text message on condition her name not be used.

(Reporting by Timour Azhari in Riyadh, Hatem Maher in Cairo and Kanishka Singh in Washington; Writing by Daniel Trotta; editing by Lincoln Feast.)

Key Takeaways

  • Under the Mecca Joint Defence Agreement, signed in August 2026, an attack on one signatory is considered an attack on all three—Saudi Arabia, Turkey, and Pakistan—which now enables high-level military consultations for Saudi support (internazionale.it).
  • The Houthis have dramatically escalated their campaign, firing dozens of missiles and drones targeting Saudi infrastructure, with six ballistic missiles intercepted by Saudi defenses, contributing to a roughly 4 % spike in oil prices (investing.com).
  • Iran is attempting diplomatic distancing, with President Pezeshkian denying responsibility for Houthi actions in a Fox News interview, while Iran offers to reopen the Strait of Hormuz in exchange for US sanctions relief and release of frozen funds (uk.marketscreener.com).

References

Frequently Asked Questions

What is the Mecca Joint Defence Agreement?
The Mecca Joint Defence Agreement is a pact between Saudi Arabia, Turkey, and Pakistan stipulating that an attack on one member represents an attack on all, enabling coordinated defense actions.
How have Houthi attacks affected Saudi Arabia?
Houthi attacks have targeted Saudi cities, oil infrastructure, and disrupted oil flows, creating emergency alerts and impacting global energy supplies.
What role is Iran playing in the conflict?
Iran is aligned with the Houthis but is seeking to distance itself publicly; Iran has proposed ending hostilities in return for sanctions relief and reopening the Strait of Hormuz.
Which countries are supporting Saudi Arabia in its defense?
Turkey and Pakistan have joined Saudi Arabia in support under the Mecca Joint Defence Agreement, holding urgent high-level meetings to discuss joint defense measures.
How have global oil markets been impacted?
The conflict has disrupted oil shipments from Saudi Arabia and through the Red Sea and Strait of Hormuz, leading to increased oil prices and volatility in global markets.

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