Saudi Arabia launched covert airstrikes against Iran-backed militias in Iraq during regional conflict

May 13, 2026, 4:40:57 PM UTC(2 hours ago)
Impact: High
Saudi Arabia launched covert airstrikes against Iran-backed militias in Iraq during regional conflict

Affected Assets

  • Western intelligence sources confirmed Saudi warplanes conducted retaliatory strikes against Iraqi-based militias that launched projectiles at the kingdom
  • The operations were part of a wider regional escalation in early 2026 involving direct conflict between Iran and a US-led coalition
  • Saudi Arabia summoned Iraq's ambassador in April 2026 to formally protest attacks originating from Iraqi soil by the Islamic Resistance in Iraq
  • Market analysts noted that the strikes targeted groups threatening the Shaybah oil field and Prince Sultan Air Base to protect critical energy infrastructure
  • Expert consensus suggests the covert nature of the strikes was intended to maintain plausible deniability while deterring further proxy aggression

Sources

SAUDI WARPLANES STRUCK IRAN-BACKED MILITIA SITES IN IRAQ DURING WAR, SOURCES SAY
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Saudi Arabia launched covert airstrikes against Iran-backed militias in Iraq during regional conflict | Foxly Invest