Yesterday we saw the tracers against the dark night sky, tonight we get the video of Saudi warplanes bombing various Houthi positions. All looks quite "decisive" to us... Powerful explosions rocked the Houthi-held Sanaa on Thursday night as a Saudi-led coalition carried out air strikes against Shiite rebels in control of the Yemeni capital, an AFP correspondent reported. Anti-aircraft fire erupted in response to what witnesses said were air strikes by the coalition forces against a camp at al-Istiqbal, on Sanaa's western entrance. Via Al-Arabiya... (note - musical accompaniment provided by Saudi Arabia, not Zero Hedge) * * * Here is the state of play in crude oil for now...