Yemen’s Houthi militia said on the 8th that Saudi forces conducted 121 airstrikes over the past three days from King Khalid air base in Khamis Mushait and King Fahd air base in Taif against Marib, Al Bayda, Hudaydah, Taiz and Al Jawf provinces. The militia said it responded with a large-scale operation using dozens of ballistic missiles and drones to strike ARAMCO facilities in Abha, Najran and Jazan, the Economic City, and Khamis Mushait air base. The group claimed the strikes “hit their target

London Metal Exchange copper futures rose more than 1% on the 7th, making an intraday record above $14,530/tonne and closing at $14,494/tonne. Prices are up 17% year-to-date and 47% over the past 12 months. A Cesco senior analyst said the move is driven more by tariff-induced metal relocation than by stronger end-user demand; since Trump first proposed copper tariffs in February last year New York copper futures have held a sizable premium to London, creating large arbitrage opportunities. Other analysts said robust demand and supply disruptions could further tighten the copper balance and support high prices, while longer-term bullish factors include aging major mine fleets and capacity growth trailing demand.

Hailanxin said it currently has no overseas orders for subsea data centers that meet disclosure standards.