Houthis continue Red Sea attacks in November 2026, keeping shipping risk elevated

As of 13 November 2026 Houthi forces in Yemen continued an active campaign of missile, drone and uncrewed-boat attacks on commercial shipping in the southern Red Sea and Bab el‑Mandeb, keeping the theatre at a high threat level and sustaining diversion, insurance and escort demand for affected voyages.

If the campaign persists, shippers will continue to avoid the most exposed southern Red Sea lanes, sustaining higher war‑risk premiums and routing around the Cape of Good Hope for some services. That raises voyage time, fuel and vessel‑utilisation costs and keeps Suez Canal transits and naval escort demand elevated, without implying a specific bond or FX reprice.

Whether attacks widen beyond Saudi‑linked targets or a durable halt is observed; next signal: change in naval escort capacity or a declared cessation within 30 days.