Houthi missiles now bracket a half-built resort economy.

Vision 2030’s coastal projects can’t be defended, forcing Riyadh toward restraint instead of retaliation.

Oil in the ground survives a war, but a stalled Red Sea megaproject stops earning once insurers reprice it.

Brent sat near $93 as of August 11 while Riyadh’s next move stays pending.

Sources: New Lines Magazine