Ship Attacked by Houthis Sinks Into the Red Sea

A ship attacked by Yemen’s Houthi rebels has sunk in the Red Sea after days of taking on water, officials said Saturday. The Rubymar was the first vessel to be destroyed as part of the group’s campaign over Israel’s war against Hamas in the Gaza Strip.
Cargo and energy shipments moving through the crucial waterway from Asia and the Middle East to Europe have been drastically impacted by the Houthi attacks.
Already, many ships have turned away from the route. The sinking could see further detours and higher insurance rates put on vessels plying the waterway — potentially driving up global inflation and affecting aid shipments to the region.

The Belize-flagged Rubymar had been drifting northward after being struck by a Houthi anti-ship ballistic missile on Feb. 18 in the Bab el-Mandeb Stra …