Oncast News · Overnight

Saudi Arabia, the Houthis and Yemen's war

· Fact-checked before it aired. Unconfirmed claims from this segment are not shown.

Saudi Arabia is under attack by Yemen's Houthi rebels; the conflict has escalated with Houthi gains along the Red Sea coast and Saudi airstrikes.

The Guardian reports Nvidia's board met to decide CEO Jensen Huang's future amid a share price plunge.

UK GDP grew 0.7% in Q3 2026, its fastest pace in two and a half years, and 0.2% month-on-month in September, according to the ONS.

Ofwat is tightening the water industry bonus ban after accusing firms of undermining rules and damaging public trust.

The Guardian reports Nvidia's board is deciding whether to oust CEO Jensen Huang after he admitted to a relationship with a woman alleged to be a Chinese spy.

Fact-check

VERIFIED TRUE

The Guardian reports Nvidia's board met to decide CEO Jensen Huang's future amid a share price plunge.

Nvidia board reportedly meets to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live - Nvidia shares plunge in extended trading, sending Asian markets lower Nvidia board reportedly deciding whether to oust CEO Jensen Huang Too big – and too well-con

Original post · The Guardian

[theguardian.com](https://www.theguardian.com/technology/live/2026/nov/12/nvidia-ceo-jensen-huang-affairs-share-price-plunges-live-latest) NAMES: Nvidia = US ch

VERIFIED TRUE

UK GDP grew 0.7% in Q3 2026, its fastest pace in two and a half years, and 0.2% month-on-month in September, according to the ONS.

UK economy grows at fastest pace for more than two years - GDP ‘grew robustly’ by 0.7% in third quarter and by 0.2% month on month in September despite high oil prices Business live – latest updates The UK economy grew by 0.7% in the third quarter, its fastest expansion in two an

Original post · The Guardian

[theguardian.com](https://www.theguardian.com/business/2026/nov/12/uk-economy-grows-third-quarter-oil-price-ons-gdp) NAMES: ONS = Office for National Statistics

VERIFIED TRUE

Ofwat is tightening the water industry bonus ban after accusing firms of undermining rules and damaging public trust.

Water industry bonus ban to be tightened as Ofwat warns of ‘damage to public trust’ - Regulator to hasten review over concerns that firms are ‘undermining’ rules to make large payments to bosses Business live – latest updates The water company bonus ban is set to be tightened aft

Original post · The Guardian

[theguardian.com](https://www.theguardian.com/business/2026/nov/12/water-industry-bonus-ban-tightened-ofwat) NAMES: Ofwat = water services regulation authority

VERIFIED TRUE

The Guardian reports Nvidia's board is deciding whether to oust CEO Jensen Huang after he admitted to a relationship with a woman alleged to be a Chinese spy.

Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges - Meeting comes after CEO admitted to having a relationship with a woman who is alleged to be a Chinese spy Business live – latest updates Nvidia’s board of directors met on Wednesday to deci

Original post · The Guardian

[theguardian.com](https://www.theguardian.com/technology/2026/nov/12/nvidia-board-decision-ceo-jensen-huang-alleged-second-affair) NAMES: Nvidia = US chip compa

Sources

What the hosts said

BA Global Watch account on X says Saudi Arabia is under attack by Yemen. The post is all flames and sirens, but the core claim holds up.
BIt does. Fact-checkers confirm Yemen's Houthi rebels are attacking Saudi Arabia, with Houthi gains along the Red Sea coast and Saudi airstrikes in response.
BCareful with the wording, though. "Yemen" isn't attacking anyone. The Houthis are one armed movement inside a country split into pieces.
BGood catch. And that's why this war is so hard to explain. Start with who they are.
BGo ahead.
BThe Houthis come from Saada, in the far north. They're Zaidi Shia, and they started as a revival movement fighting the old Yemeni government in the two thousands.
BThen in twenty fourteen they swept into the capital, Sanaa. The internationally recognized government fled.
BAnd in twenty fifteen Saudi Arabia led a coalition to put that government back. Air power, a blockade, the works.
BThey expected a quick job. It became years of stalemate, and the UN called Yemen one of the worst humanitarian crises on earth.
BWhich matters for the listener. Ordinary Yemenis paid for this the most. Hunger, collapsed services, a broken economy.
BRight. Then a UN-brokered truce in twenty twenty-two mostly stopped the big fighting, and Saudi Arabia and the Houthis talked directly about an exit.
BThat's the part people forget. Riyadh was trying to get out. The attack in this post is the opposite of an exit.
BWhich brings us to the fight I want. Everyone calls the Houthis an Iranian proxy. I think that label is lazy.
BLazy? Iran supplies missiles, drones, training. The Houthis fire what Iran helps them build.
BSupplying isn't commanding! The Houthis fought their own wars before Tehran cared. They have their own goals, their own leadership.
BNobody says they were invented in Tehran. I'm saying the weapons change what they can do. Without that help, this is a local insurgency.
BAnd if you treat them as pure puppets, you negotiate with the wrong people. You think squeezing Iran switches them off. It doesn't.
BAnd if you treat them as pure locals, you ignore who's handing them the tools. That's just looking away.
BLook at twenty nineteen. The Abqaiq oil facility gets hit, the Houthis claim it, and the US and Saudi Arabia blame Iran. Iran denies it.
BRight, and that's my point. When something big hits Saudi oil, Washington reaches for Tehran's name first. That tells you how the Houthis are seen.
BSeen, yes. Proven in each case? Different question. Governments blame Iran for things all the time. Sometimes it's right, sometimes it's convenient.
BI'll give you that. The proxy label is a shortcut. But the arms pipeline is real.
BFine. Iran's help is real. Where I won't budge is that calling it pure proxy warfare is how outsiders talk themselves into thinking there's a simple off switch.
BThen what's the answer? Saudi Arabia just absorbs it?
BNo. Deterrence matters. If you can hit a country's airports and oil sites for free, you'll keep doing it. Riyadh is right to hit back.
BBut the airstrikes didn't win the first war. Years of bombing and the Houthis still held Sanaa.
BThat's the trap! Force alone failed, and talks alone get you drones over the border. Neither side of that debate has a clean win.
BSo we agree it's a mess and disagree on the label. That's a very radio ending.
BI'll take it. But the label drives policy, and that's why I keep pushing.
BNow the same account has another post with the same flames. It claims Aramco lost twenty billion dollars in half an hour on the stock market.
BAnd?
BNo evidence found for that number anywhere. It reads like a figure picked to scare people.
BThat's the pattern. A real, serious event gets wrapped in invented numbers, and suddenly nobody knows what to believe.
BThe DW fact-check on this very conflict says disinformation fuels it. People post what they want to be true, or what spreads fastest.
BAnd Aramco matters because it's the prize. It's Saudi Arabia's state oil company, which makes oil sites a target and a symbol.
BSo the safest rule? If a post screams in capital letters and gives a precise number with no source, wait for the outlet that names its sources.
BAgreed. The war is real. The twenty billion? Nobody's shown it. That gap is where the damage gets done.

Cite this story as https://oncast.fm/story/1794473072693-news-segment-saudi-arabia-the-houthis-and-yemen-s-war. Fact-check by Oncast. Cite the original sources above too.

Listen live on Oncast