Abqaiq facility – On July 27, Houthi-aligned drones struck the Abqaiq oil processing plant, the world's largest crude oil stabilization facility, which handles roughly 7% of global crude. NASA FIRMS satellite imagery detected major fire activity at the site . Saudi Arabia said drones launched from Iraq — some coordinated with Houthis operating from Iraqi territory — were responsible . The extent of operational downtime at Abqaiq has not been fully detailed, but analysts reported significant damage .
Yanbu targets – Houthis also claimed attacks on Saudi Aramco facilities in Yanbu, on the Red Sea coast, as part of the same wave .
On July 28–29, the US and Saudi Arabia conducted joint precision strikes against Iran-backed militant groups in eastern Iraq . US Central Command said the strikes targeted "Iran-aligned terrorists" directed by the IRGC to attack US forces and Saudi energy infrastructure . The Saudi Ministry of Defence confirmed the operation was conducted "in coordination with US Central Command" in response to drone attacks on Saudi oil sites .
Hours after the strikes, Iran's Islamic Revolutionary Guard Corps (IRGC) fired ballistic missiles at the Muwaffaq Salti Air Base and US Central Command's headquarters in Jordan — all of which the US said were successfully intercepted .
Iran has issued a series of escalating threats through late July and early August 2026:
A widening regional war – These events sit inside the larger 2026 Iran war that began on February 28, 2026, when the US and Israel launched strikes against Iranian nuclear and military sites . The conflict has since drawn in Yemen's Houthis, Iraqi Shia militias under the Islamic Resistance in Iraq (IRI), and Iranian forces across multiple fronts .
Disrupted oil export routes – The Red Sea shipping chokepoint has been heavily affected: Houthis struck two Saudi oil tankers in the Red Sea in late July, extending the war to a second major shipping artery after earlier disruptions around the Bab el-Mandeb strait . Saudi Arabia has intercepted drones launched from Iraq targeting Eastern Province oil facilities, and the US reimposed a naval blockade of Iranian ports in mid-July .
Diplomatic efforts – Iraq's Prime Minister Ali al-Zaidi called an emergency National Security Council meeting after the US–Saudi strikes and condemned the bombings as a "major miscalculation" . Regional fears of a full-scale war have grown, with Iran's commanders accusing the US of "fanning the flames of a full-scale regional war" . Saudi Arabia, which had tried to stay on the sidelines, has been pulled directly into the conflict, with CNN describing the kingdom as "getting dragged into a war it has tried to avoid" .
Potential US strikes on Iran – US President Donald Trump promised "major military punishment" for Iran and the Houthis after the Red Sea tanker strikes . The US has conducted multiple waves of strikes against Iran's coastal defenses and missile sites in July. By early August, reports indicated the US was considering strikes on Iranian energy infrastructure, which prompted Iran's most explicit threats yet to retaliate against regional energy sites .