The US military conducted a self-defense strike against two Iranian-backed Houthi anti-ship missiles in its controlled areas of Yemen. The strike aimed to protect freedom of navigation and make international waters safer. Since November, Houthi fighters have targeted commercial and military vessels in the region.
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American and British forces carried out a fresh wave of strikes against 18 Houthi targets in Yemen, including weapons storage facilities and air defense systems. The strikes come in response to the rebels’ attacks on commercial and naval vessels in the Red Sea. The joint statement by several countries stressed the need for an international response to ensure global economic security and regional stability. The Houthis remain defiant, vowing to escalate military operations in the Red and Arab Seas.
The White House is closely monitoring Houthi attacks on ships in the Red Sea, but does not expect significant impact on holiday prices or product availability. The U.S. economy remains resilient with inflation coming down faster than expected. The administration is alert to risks such as Russia’s war in Ukraine and the evolving situation in the Red Sea.