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World12 August 2026By The Financial Buddy Team

Houthi Missile Strikes Kill Six on Cargo Ship in Bab al-Mandeb Strait

At least six people were killed and ten others wounded on Tuesday when Houthi forces launched a double missile strike on a cargo vessel transiting the Bab al-Mandeb strait, according to Yemen's internationally recognised government. The attack on the Egyptian-owned vessel Tihamah marks the first shipping deaths linked to the Iran-aligned Houthi movement since the United States and Israel launched their war on Iran in late February.

What happened

Yemen's Transport Ministry said the Houthis fired three ballistic missiles at the commercial ship, sparking a fire and causing significant damage to the vessel. Three Pakistani nationals and one Indonesian national were among those killed. Yemen's coastguard said in a separate statement that as rescue crews moved in to evacuate the dead and wounded, the Houthis fired an additional missile that struck the site of the rescue operation itself, killing at least two more members of the government-aligned National Resistance Forces and adding to the toll of wounded, which authorities put at ten in total, including seven crew members.

The Houthi movement did not directly confirm the strike on the Tihamah. A Houthi-run news outlet instead reported that the group had targeted a Saudi vessel carrying military equipment in the same strait, without naming the ship. Riyadh has not responded to that claim.

Collapse of the Saudi-Houthi truce

Tuesday's strike is the latest escalation in a rapidly deteriorating security situation around one of the world's most strategically important waterways. A years-long, UN-backed truce between the Houthis and the Saudi-backed government unravelled after a Saudi air strike on Sanaa airport's runway on July 13 prevented an Iranian delegation from landing. The Houthis responded by attacking Abha airport in Saudi Arabia and declaring a naval blockade on Saudi shipping through the Red Sea, followed by strikes on Saudi vessels and oil facilities.

The Saudi-led coalition has since struck Houthi-held Hodeidah and the island of Kamaran, while the Houthis have expanded their campaign to target government-held areas inside Yemen, including the port city of Mocha and the central city of Marib, killing dozens of soldiers and civilians in the process. Yemen's government said Tuesday's attacks also included ten missiles and four drones fired at other sites along the western coast.

Why it matters for global trade

The Bab al-Mandeb strait, which connects the Red Sea to the Gulf of Aden, is one of the busiest chokepoints for global shipping, carrying a significant share of trade between Asia, Europe and the Middle East. Renewed attacks in the corridor threaten to push shipping costs and insurance premiums higher and could force more carriers to reroute around the Cape of Good Hope, adding time and cost to global supply chains at a moment when markets are already on edge over Strait of Hormuz tensions elsewhere in the region.

The United Nations has called for restraint, warning that the resumption of hostilities risks dragging Yemen into a broader regional confrontation with severe humanitarian consequences. Yemen's Foreign Ministry condemned the strike on the Tihamah and urged the international community to move from condemnation to decisive action against the Houthis.

This article is an original editorial summary based on publicly reported information. It has been independently written for publication and does not reproduce content from any single source.

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