Saudi Civil Defense says "danger has passed from Mecca, Taif, and Jeddah"

The three cities named sit on the western side of the kingdom, away from the Eastern Province where Abqaiq, Khurais and the main export terminals cluster, so crude supply infrastructure is not directly in the frame; Jeddah hosts port and refining capacity on the Red Sea, but disruption there has historically been a freight and insurance story rather than a production one. Past episodes of this type have followed a consistent sequence: headline risk premium builds on the initial alert, bleeds out on the all-clear, and only re-rates durably if a follow-on strike, a formal attribution, or a Saudi or coalition retaliation emerges. The tells worth noting are any statement from the coalition confirming interceptions, Houthi claims of responsibility, and the behaviour of Red Sea shipping and tanker rates rather than the flat crude price alone. Absent confirmation of what the danger actually was, the signal is one of de-escalation, and comparable all-clears have tended to fade quickly without a catalyst.