A second foreign vessel was attacked off Yemen’s coast within hours, amid a Houthi-declared naval blockade. These attacks, involving missiles, drones, and small boats, constitute a coordinated campaign rather than isolated piracy incidents. The Houthis, who control northwestern Yemen, are retaliating against what they describe as a Saudi-imposed siege on Yemen. Prediction markets indicate a slight increase in the perceived likelihood of Houthi military action against Israel, with odds moving from 6% to 6.5%. This maritime escalation raises concerns about broader regional stability.
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