WorldYemen Says Houthis Hit Presidential Palace as EU-Gulf Summit Is Postponed

Yemen says the Houthis struck the presidential palace in Aden. The EU and Gulf states postponed a summit in Saudi Arabia amid continuing attacks. Donald Trump also raised the possibility of a future strike on Iran using the “Mother of All Bombs.” The war is reshaping Gulf finances, shrinking the region’s overseas investment pool by two-thirds as governments spend more at home. Higher energy prices cushion some economies, while Oman is a relative beneficiary.