Houthi military action against IsraelThe Yemeni military has initiated a new operation following recent attacks by the Houthi movement, according to reports from @FirstSquawk. This development marks a significant escalation in the ongoing Yemen conflict, which has seen renewed hostilities despite a fragile truce established in 2022. The operation reflects a shift from diplomatic efforts to direct military action in response to Houthi aggression. Market participants have noted a slight increase in the probability of Houthi military action against Israel, as indicated by the movement in related prediction markets. Markets suggest an increased likelihood of Houthi military action against Israel, with a slight rise in perceived probability.