Houthi strikes on Saudi assets
Analysis based on 7 articles · First reported Aug 13, 2026 · Last updated Aug 13, 2026
The escalation in Red Sea attacks threatens shipping routes, potentially raising insurance premiums and disrupting trade flows. Oil and gas markets may see increased volatility due to regional instability.
On August 13, 2026, Yemen's Houthis announced new military operations targeting Saudi assets, including a direct strike on a military transport vessel in the Red Sea and coordinated strikes on Saudi-backed positions in the Mocha area and Tadawin camp in Marib Governorate. The Houthis claimed to have used ballistic missiles and drones, causing dozens of casualties. This follows a recent 'double-tap' missile strike on the commercial vessel Yemen — Tihamah in the Bab al-Mandeb Strait, which killed at least six people, including crew members and rescue workers. The Houthis also launched a missile and drone barrage on the Red Sea port of Al-Mokha on August 9. Yemen's Yemen — Presidential Leadership Council chairman Rashad al-Alimi vowed to respond to Houthi actions and called for an end to fighting. The attacks raise concerns over maritime security in the strategic Red Sea waterway.
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