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Iran-backed Houthi rebels targeted two commercial ships sailing in the southern Red Sea following airstrikes by the United States and the United Kingdom on dozens of locations across Yemen, Iraq, and Syria over the weekend. This escalation around the maritime chokepoint has led to a blockade of ships, marking a new round of cost-push inflation due to snarled supply chains.

Reuters quoted a Houthi spokesman who said anti-ship missiles were fired at the Morning Tide and Star Nasia, flying Barbados- and Marshall Islands flags, respectively, as British and American.

British maritime security firm Ambrey said Morning Tide suffered damage from a suicide drone while sailing southeast through the Red Sea. No injuries were reported.

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