A ship attacked by Yemen's Houthi rebels, the Rubymar, has sunk in the Red Sea after days of taking on water, officials confirmed on Saturday. This marks the first vessel to be fully destroyed as part of the Houthi campaign over Israel's war against Hamas in the Gaza Strip. The sinking of the Rubymar has impacted shipping through the crucial Bab el-Mandeb Strait, a key waterway for cargo and energy shipments moving between Asia, the Middle East, and Europe.
Many ships have already altered their routes due to the Houthi attacks, and the sinking of the Rubymar could lead to further detours and increased insurance rates for vessels navigating the waterway. This could potentially drive up global inflation and affect aid shipments to the region.
