Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Houthis say they launched missile at Israeli-linked tanker near Saudi Arabia's Yanbu
    Finance

    Houthis Say They Launched Missile at Israeli-Linked Tanker Near Saudi Arabia's Yanbu

    Published by Global Banking & Finance Review®

    Posted on August 31, 2025

    3 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    A large crowd of protesters in London rallies against the ban of Palestine Action, holding flags and placards. This image captures the tension during the protest where over 466 individuals were arrested by police, highlighting the ongoing conflict surrounding Palestine Action and its implications.
    Protesters gather in London against the ban of Palestine Action - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancefinancial crisisforeign currencyinvestmentfinancial management

    Quick Summary

    Houthis launched a missile at an Israeli-linked tanker near Yanbu, Saudi Arabia. The tanker was undamaged, but the incident raises security concerns in the Red Sea.

    Houthis Target Israeli-Linked Tanker with Missile Near Yanbu, Saudi Arabia

    LONDON (Reuters) -Yemen's Houthis said on Monday they launched a missile towards the Israeli-owned tanker Scarlet Ray near Saudi Arabia's Red Sea port city of Yanbu in a rare attack off the Saudi coast.

    The Liberia-flagged vessel's Singapore-based manager, Eastern Pacific Shipping, owned by Israeli magnate Idan Ofer, said the chemical tanker was undamaged and under the command of its captain.

    "We are aware of security reports alleging that our managed vessel Scarlet Ray was the target of a suspected Houthi attack," Eastern Pacific said in a statement on Monday, adding that all crew members were safe and accounted for.

    Britain's maritime agency UKMTO said on Sunday it had received a report of an incident from a captain who witnessed "a splash in close proximity to their vessel from an unknown projectile and heard a loud bang" 40 nautical miles southwest of Yanbu.

    UKMTO did not identify the party responsible, but said authorities were investigating.

    The Iran-aligned Houthis have launched multiple attacks on vessels in the Red Sea since 2023 that they deem to be linked with Israel in what they say is solidarity with Palestinians in the war in Gaza.

    Attacks near Saudi Arabia’s Red Sea coast, which is further north, have been rare in recent years. Any Houthi targeting of vessels along this coast will raise alarm as crucial energy exports are transported to global markets from Saudi terminals.

    "While … the projectile did not impact the vessel, the strike demonstrates a clear show of strength," said Ellie Shafik, head of intelligence with UK-based maritime risk management company Vanguard Tech.

    "It is too early to determine whether this represents a broader strategy of escalation, or is a one-off response to the Israeli targeting of Houthi ministers. However, Saudi Arabia is unlikely to tolerate repeated strikes occurring so close to its … territory."

    The prime minister of Yemen's Houthi-run government and several other ministers were killed in an Israeli strike on the capital Sanaa, the head of the Houthi Supreme Political Council said on Saturday, in the first such attack to kill senior officials.

    Saudi Arabia led a coalition that launched a military campaign in Yemen from early 2015 to support the Gulf-backed government against the Houthis, who had seized the capital Sanaa in 2014.

    The coalition has in the past foiled attempted assaults using explosive-laden boats it says were launched by the Houthis.

    (Reporting by Jonathan Saul, Jaidaa Taha, Ahmed Tolba, Tala Ramadan and Nayera Abdallah; Editing by Diane Craft, Kim Coghill and Ros Russell)

    Key Takeaways

    • •Houthis launched a missile at an Israeli-linked tanker near Yanbu.
    • •The tanker was undamaged and crew members are safe.
    • •UKMTO reported an incident involving an unknown projectile.
    • •Houthi attacks in the Red Sea are rare but increasing.
    • •Saudi Arabia is concerned about repeated strikes near its coast.

    Frequently Asked Questions about Houthis say they launched missile at Israeli-linked tanker near Saudi Arabia's Yanbu

    1What vessel was targeted in the Houthi missile attack?

    The vessel targeted was the Israeli-owned tanker Scarlet Ray, managed by Eastern Pacific Shipping.

    2What was the outcome of the missile attack?

    The tanker Scarlet Ray was undamaged, and all crew members were reported safe.

    3What has been the pattern of Houthi attacks in recent years?

    The Iran-aligned Houthis have launched multiple attacks on vessels in the Red Sea since 2023, targeting those they deem linked with Israel.

    4What does the recent missile attack signify?

    The missile attack demonstrates a clear show of strength by the Houthis, although it is uncertain if it indicates a broader strategy of escalation.

    5What is the historical context of the conflict involving the Houthis?

    Saudi Arabia has led a coalition in a military campaign in Yemen since 2015 to support the Gulf-backed government against the Houthis, who seized the capital Sanaa in 2014.

    More from Finance

    Explore more articles in the Finance category

    Image for Greenland independence party wins seat in Danish parliament at key moment
    Greenland Independence Party Wins Seat in Danish Parliament at Key Moment
    Image for Exclusive-At least 40% of Russia's oil export capacity halted, Reuters calculations show
    Exclusive-At Least 40% of Russia's Oil Export Capacity Halted, Reuters Calculations Show
    Image for Hungary's opposition Tisza party widens lead over Orban's Fidesz, poll says
    Hungary's Opposition Tisza Party Widens Lead Over Orban's Fidesz, Poll Says
    Image for Germany's Merz says public finances cannot offset all price rises from Iran war
    Germany's Merz Says Public Finances Cannot Offset All Price Rises From Iran War
    Image for Brazil unveils first supersonic fighter jet assembled in country
    Brazil Unveils First Supersonic Fighter Jet Assembled in Country
    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Volkswagen's Skoda brand to end China sales this year
    Volkswagen's Skoda Brand to End China Sales This Year
    Image for Climate investors give BP until April 1 to include resolution, threaten court
    Climate Investors Give Bp Until April 1 to Include Resolution, Threaten Court
    Image for Lille to host EU customs authority charged with fixing e-commerce parcel problems
    Lille to Host EU Customs Authority Charged With Fixing E-Commerce Parcel Problems
    Image for Russia evacuates 163 more staff from Iran's Bushehr nuclear plant, 300 remain
    Russia Evacuates 163 More Staff From Iran's Bushehr Nuclear Plant, 300 Remain
    Image for Hungary's Orban faces pivotal battle against ally-turned-foe
    Hungary's Orban Faces Pivotal Battle Against Ally-Turned-Foe
    Image for German finance minister sets out sweeping reform plans to boost growth
    German Finance Minister Sets Out Sweeping Reform Plans to Boost Growth
    View All Finance Posts
    Previous Finance PostMan Arrested for Crashing Car Into Russian Consulate in Sydney
    Next Finance PostUK Confirms H5N1 Bird Flu Outbreak in Southwestern England