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Iran warns US and its allies against escalating the conflict

Iran warned against any new major attack by the United States or its allies, saying that it had received information that such a move was being planned. This added to the tension in the 'a'region, already on edge following drone and missile attacks on Saudi Arabia.

Iran's central military command announced on state-run media that any further attack would result in a sustained retaliation, including against US interests and bases. Washington's regional partners would also be considered as parties to the conflict. It did not provide any further details on the information that it claimed to have about an upcoming US attack.

On Saturday, the US State Department released a security warning saying that there could be an 'unexpected escalation' in the Middle East. Americans should remain vigilant and aware of any possible flight cancellations or airspace closures.

The 'US-Iran War' is now seven months old, and neither side appears to be ready to make the major concessions required to end the war. With global energy markets already stretched to the limit, the conflict has continued to spill over into other crises in the region.

Yemen's Iran backed Houthis made major gains along Yemen's Red Sea Coast after the country civil war re-emerged this month. They said that they carried out strikes on the Saudi capital Riyadh as well as a major oil installation in the Red Sea port Yanbu of the Kingdom.

After overnight booms in Saudi Arabia's capital, a video showed a huge plume of "black smoke" billowing out of the main international airport of Riyadh.

Saudi Arabia has not commented on the incident, or on Houthi claims. However, a coalition led by Saudi Arabia that is fighting the Houthis claimed to have foiled other attacks against the kingdom. US State Department alerted of Houthi hostilities, including attacks on civilian airports in Saudi Arabia.

The recent escalation of the Houthis forced Riyadh to face a difficult decision: either continue airstrikes against the group in order to prevent it from seizing additional Yemeni territory, or?step back and avoid drone strikes on vital infrastructure.

STRIKES ON SAUDI ARABIA

Houthi gains on the coast means the group's troops now sit along the Bab el-Mandeb Strait. This gives them better control over shipping between the Red Sea, Asia and their ability to blockade this vital waterway.

The oil-rich Gulf is now virtually cut off from the global market, as Iran has already blockedaded?most shipping through the Strait of Hormuz. This puts pressure on the global oil price.

The US blockade on Iranian ports has meanwhile prevented Iran from selling oil and caused major economic problems for the Islamic Republic.

There is little evidence of a return from the June ceasefire that broke down in July due to disagreements over its terms.

Iran reaffirmed on Sunday that it would not reopen Strait of Hormuz unless the 'terms of the June agreement as they were interpreted by them' had been met.

Iranian Parliament Speaker Mohammad Baqer Qalibaf stated that Iran must continue to fight and negotiate to push its enemies back, as well as consolidate any diplomatic gains.

(source: Reuters)