Projectile sinks Indian-flagged ship off Yemen coast

An Indian-flagged ship was sunk off the coast of Yemen after being hit by a projectile. All 14 crew members were safely rescued, according to India's ministry of external affairs. Yemen's transportation ministry, representing the internationally recognized government, accused Iran-backed Houthi fighters of carrying out the attack using an explosives-laden boat. The Houthis have not commented on the incident, but they previously announced a blockade on Saudi Arabia's Red Sea ports. This attack occurs amid heightened risks in the region, with the UK Maritime Trade Operations reporting several recent attacks on ships. Despite these events, oil prices recently fell due to hopes of a deal with Iran regarding the Strait of Hormuz.

An Indian-flagged commercial ship sank in the Red Sea on Tuesday following an attack. The ship's crew was rescued by the coastguard. New Delhi has condemned the aggression as "unprovoked." Yemen's internationally recognized government, according to the official Saba news agency, blamed the Iran-backed Houthi rebels for the attack. This incident occurs after the Houthis declared a Red Sea maritime blockade of Saudi Arabia last month and have since claimed responsibility for multiple attacks on oil tankers and infrastructure.