Houthi militants launch biggest attack to date on merchant vessels in Red Sea
|Citing a senior US Defense Department official, CNBC News reported late Tuesday that Iran-backed Houthi militants launched the largest attack to date on commercial merchant vessels.
Additional details
Attacks have been reported in at least two locations: Southwest of Mokha, Yemen and Hodeidah, Yemen.
Approximately 50 merchant vessels were in the area at the time of the attack, according to American officials.
Crews reported attacks from rocket fire, as well as armed drones.
Market reaction
Risk sentiment remains sour in Asia early Wednesday, with the US S&P 500 futures down 0.06% on the day while the Asian equities mostly trade lower so far. Meanwhile, the US Dollar Index holds steady at around 102.50, at the press time.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.