Overview

• Houthis targeted six ships, including the grain-laden Laax, bound for Iran.
• The attacks have caused significant damage, including sinking one ship and seizing another.
• Global shipping routes have been rerouted to avoid the Red Sea, increasing transit times and costs.
• The Houthis claim the assaults are in retaliation for Israeli actions in Gaza.
• The U.S. and British forces have launched retaliatory strikes, but the threat persists.