Iran-backed Houthis launch strikes on Israel and block Red Sea shipping, raising concerns over broader regional conflict escalation.
Iran-backed Houthi forces have launched attacks on Israel and declared a ban on Israeli shipping in the Red Sea. The Israeli military confirmed intercepting missiles from Yemen and Iran, heightening fears of a full-scale Middle East war resurgence.
Earlier, Israel reported incoming barrages from Iran, with its aerial defense systems successfully neutralizing the threats. The developments follow a period of relative calm but signal renewed tensions in the region.
Markets showed limited immediate reaction, with the US Dollar Index (DXY) trading near a two-month high at 100.10. Risk sentiment remains cautious amid geopolitical uncertainty.