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This is a high risk investment and you should not expect to be protected if something goes wrong. I'm John Batchew with Edmund Fitten Brown of the Foundation for the Defense of Democracies, a former ambassador from the UK to Yemen, former UN official through the whole region of turmoil these last decades, and now the Houthis.

In these last hours, we learned the Saudi authority fired in a missile or drone.

I do not have clarity into Sana Airport. This is in North Yemen.

Sana, the former capital, is, well, it's still the capital, but just not occupied by the people

who are legitimate government. It's instead dominated by the Houthis, a renegade group that has

missiles and drones and skill and has threatened

routinely, not only shipping in the Red Sea, but the choke point of Babam and Depp.

Now that they have been fired upon by the Saudis for reasons having to do with the dispute between

those two, the Houthis and the Saudi Arabian kingdom, now that we have to

consider that the Houthis are lighting up again because, according to the reporting,

they vow retaliation.

What does this look like, Edmund, when the Houthis say retaliation?

Is that Babel Mendeb?

Is that a firing back at Riyadh, reawakening that war? What does it look like?

Yeah. So, well, I mean, the first thing to say is, you know, just quickly what's happened here.

...