Iranian-backed forces in Yemen have intensified activities that reportedly target Saudi Arabian energy infrastructure, adding to geopolitical pressure on global oil markets. A CBS World report links the developments to higher oil prices, following drone attacks on Saudi Arabia’s East-West oil pipeline that were linked to Iranian proxies. Brent and WTI crude prices have shown increased volatility, while the "Crude Oil All Time High Predictions" market recorded higher YES pricing, particularly in its December 31 sub-market. The attacks are being viewed as part of a wider proxy conflict in the Middle East, leaving markets focused on possible further escalation, diplomatic intervention and official responses. Observers will watch OPEC Secretary General Mohammad Sanusi Barkindo and Saudi Energy Minister Abdulaziz bin Salman for signals on supply stability as the December 31 deadline approaches. Vera is offering live prediction-market analysis.