To play this video you need to enable JavaScript in your browser. Figure caption, BBC Verify has confirmed the footage was filmed in western Yemen. Footage verified by the BBC shows the wreckage of a Saudi F-15 fighter jet which the Iran-backed Houthi group says it shot down over Yemen. The US-made aircraft was downed using a locally manufactured surface-to-air missile as it conducted hostile operations over the Marib region, according to a Houthi statement on Wednesday. Experts have told BBC Verify the incident is a propaganda coup that shows the Houthis' military capability has advanced and they are prepared to further escalate its conflict with Saudi Arabia.

Global energy prices have spiked alarmingly again, driven largely in recent days by the escalating conflict between Yemen's Houthis and Saudi Arabia causing chaos for the oil industry. Petrol and diesel costs have risen rapidly in most countries while the wholesale price of natural gas - used for heating homes and generating electricity - has almost doubled in the UK and Europe since July. There are growing concerns of another inflationary shock on the world economy, which could cause interest rates to rise, increase mortgage costs and raise the price of almost everything in the shops including food. So what is behind this latest surge - and what are the implications for the world economy? The global oil price is currently above $108 (£80) per barrel, up from $70 (£52) in June 2026 - a roughly 50% increase.

Image caption, The Houthis denied they had targeted Mecca, where Islam's most sacred shrine is located Saudi Arabia intercepted and destroyed a Houthi drone south of the Islamic holy city of Mecca on Tuesday evening, according to the spokesman of the Saudi-led coalition in Yemen. Turki al-Maliki said the targeting of Mecca, which is the home of Islam's most sacred shrine and the focal point of the Hajj pilgrimage, was a disgraceful act. The 57-nation Organisation of Islamic Cooperation said attacks on Mecca and Medina province, where Islam's second holiest shrine is located, constituted an unacceptable and intolerable transgression. But the Houthis, an Iran-backed armed group that controls much of western Yemen, denied targeting Mecca and accused Saudi Arabia of fabrications and lies. There is no threat whatsoever from Yemen to the holy sites.

Houthi-run TV has aired drone video of Yemen's Mocha International Airport, empty and abandoned after the Iran-backed group took control of the city. The Houthi capture of the Red Sea coast puts a key global trade route at risk. Who is NFL billionaire Robert Kraft? Athletes share'what women in sport look like' to rebut Sydney Sweeney ad Millions line up for'sacred henna' at Indian temple Trump calls, interrupts Nvidia CEO to say AI fears are'a hoax'

As fighting intensifies in Yemen, thousands of Yemenis are seeking refuge in Djibouti, deepening the country's humanitarian crisis. Al Jazeera's Mohammed Tawakul reports from a camp where displaced Yemenis are registering for refugee status. JD Vance insists US is'on top of' Houthi advance in Red Sea China rejects AI'threat narratives', urges global cooperation US may be'forced to intervene' in the Red Sea

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG . Asked Siri to call your bank? Floating solar panels could save cities millions. Amazon's Alexa for Shopping can now verify suspicious messages Should you use a separate computer for online banking? Tech companies begging for regulation seems like'Trojan horse,' Vance says Americans are right to be scared over'God in a box,' AI CEO says AI policy expert dismisses Big Tech regulation calls: 'We should see through this' AI agents are'hacking out of the container' despite best efforts to prevent it, expert warns'Totally legitimate' to be concerned about AI: Mollie Hemingway Iran opening'second front' with Houthis in Yemen, Rep Crawford warns White House advisor calls on tech leaders to'stop pretending' over AI threat Kyrsten Sinema: Trump has been'tremendous' on AI data centers CEO of Sellas Life Sciences Angelos Stergiou explains how AI is revolutionizing medicine by enabling precision medicine in cancer treatment.

Houthis have built a sprawling sanctions-evasion network spanning Yemen ports, Iranian oil, cryptocurrency and hawala channels linked to Russia and China.

JD Vance insists US is'on top of' Houthi advance in Red Sea JD Vance insists US is'on top of' Houthi advance in Red Sea US Vice President JD Vance says the Trump administration is "very much on top of" the Houthi advance in Yemen after they seized key islands in the Red Sea. Vance said Washington is in close contact with Saudi Arabia, and has held direct talks with the Houthis. Share JD Vance insists US is'on top of' Houthi advance in Red Sea on social media China rejects AI'threat narratives', urges global cooperation US may be'forced to intervene' in the Red Sea

Brent crude has risen above $100 a barrel as war in Iran disrupts shipping through the Strait of Hormuz, while the Houthis' capture of Mayun Island raises concerns over another major oil route through the Bab al-Mandeb. JD Vance insists US is'on top of' Houthi advance in Red Sea China rejects AI'threat narratives', urges global cooperation US may be'forced to intervene' in the Red Sea

Video has emerged of a French police officer violently throwing a 29-year-old homeless man named as Youssef E to the ground during a music festival. Youssef died 13 days later, and a judicial investigation for "intentional violence" has been opened against the officer. China rejects AI'threat narratives', urges global cooperation US may be'forced to intervene' in the Red Sea