Tel aviv: Iran-backed Houthi rebels in Yemen have launched a second missile strike targeting Israel and have announced plans for additional attacks in the near future. This development has raised concerns about the potential expansion of the conflict into the Red Sea region, a critical area for global shipping.

According to France24.com, the ongoing hostilities have already prompted Saudi Arabia to redirect a significant portion of its oil exports. The situation poses a potential threat to global maritime trade, as the Red Sea is a vital shipping lane for oil and other goods. The involvement of the Houthis in this conflict could further complicate the security landscape in this strategic corridor, affecting international trade routes and energy supplies.