Missiles targeting Saudi oil refineries shot down, sources say

Highlights:

• Air defences intercepted two missiles launched from Yemen, sources say
• Sources say Pakistan exploring path to more talks
• Trump says US forces "locked and loaded" for more attacks
• Tehran says it attacked US posts in Kuwait, Bahrain, Jordan and Iraq on Friday

Air defence systems in Saudi Arabia intercepted two ballistic missiles from Yemen on Saturday targeting oil refineries in Yanbu on the Red Sea, Greek security sources told Reuters, ‌a day after US forces launched fresh air strikes on Iran.

Saudi civil defence had issued several warnings for Yanbu and later said the danger had passed. Civil defence also issued a warning for the port city of Jizan about 1,000 km (620 miles) to the south, close to the Yemeni border.

There were no immediate official reports of damage.

The defence system was operated by Greek military personnel, the sources said. Greece has deployed a US-made Patriot air defence battery in Saudi Arabia since 2021 under an agreement to help protect the kingdom's energy infrastructure.

Later on Saturday the Greek Patriot system also shot down a drone in the Yanbu region that had been launched from Yemen, ⁠Greek security sources said.

Trump threatens major punishment for Iran and Yemen

US President Donald Trump on Friday vowed "major military punishment" for Tehran and its Houthi allies in Yemen, after the Houthis said they had struck two Saudi tankers in the Red Sea on Thursday.

The Houthis, who control northern and western Yemen, have declared a naval blockade of Saudi Arabia. The kingdom has been diverting millions of barrels of oil by pipeline each day to the Red Sea to skirt Iran's near-total blockade of the Strait of Hormuz on the Gulf.

A Saudi-led coalition that has been fighting the Houthis in Yemen said it had struck Houthi military sites in recent days after attacks on the Saudi tankers.

The US military had launched air strikes on Iran late on Thursday and early on Friday, the 13th consecutive night of attacks, but there were no reports of fresh US strikes on Saturday.

An interim truce meant to end the war effectively collapsed two weeks ago, with US forces striking targets in southern Iran in response to Iranian disruption of shipping in the Strait of Hormuz. Tehran has ‌retaliated with ⁠strikes on US military assets in neighbouring Arab countries.

Trump has threatened in recent days to widen the range of targets to include Iran's energy plants and bridges, send ground forces to seize its oil hub of Kharg Island, and bomb a deep-underground nuclear-linked site known as Pickaxe Mountain.

On Friday, however, Trump said he had not yet made a decision on new major strikes.

"We are talking to them," he told reporters at the White House. "I think they're being serious. I think ... they are being by far the most serious that we've seen them, but that doesn't mean we get there."

Global oil chokepoints

Asked what the exit strategy was for the Iran war, Trump said: "There's a military exit where we just keep going just the way we are, and we can even make it a heavier dose, and it's knocking out everything they have. Or there's a smarter strategy that you make a deal."

He added: "We're locked and loaded. We're ready to go."

The key waterway of the Strait of ⁠Hormuz, the entrance to the Gulf, has so far been the focus of a war that has killed thousands in almost five months, stoked global inflation and fanned fears of an economic downturn.

The Houthi blockade of the Red Sea is a major escalation in the conflict that threatens to further disrupt global oil supplies. Brent North Sea oil prices ⁠jumped to $100 a barrel this week for the first time since May.

Sources said Pakistan was exploring a path towards reviving stalled talks between the US and Iran to end the war, after China initiated a push.

Exploratory discussions took place during a visit by Iranian Interior Minister Eskandar Momeni to Islamabad this week, his second in the last 10 days, three Pakistani sources said.