Red Sea attacks are back. The Houthis are again sinking ships and killing crews.
Operation Aspides, the European Union's defensive counter-Houthi mission, blamed the rebels for an attack on Monday against the Eternity C, a Liberian-flagged, Greek-owned cargo vessel. It marks a major escalation that could reignite the Red Sea conflict.
An Aspides official told Business Insider that four speedboats carrying armed personnel approached the vessel and fired on it with rocket-propelled grenades. They said the Houthis also used uncrewed aerial vehicles, or drones, against the Eternity.
The attack killed three crew members and injured at least two others, and left the Eternity adrift in the Red Sea, the official said Tuesday. It marked the Houthis' first deadly assault on shipping this year. Several civilians were killed in 2024 attacks.
The Houthis have not yet claimed responsibility for the attack, but the US Embassy in Yemen, which operates out of Saudi Arabia due to security concerns, called it the rebels' "most violent attack to date" and said they are "once again showing blatant disregard for human life."
Publicly available tracking data showed the Greek-owned Eternity C off the coast of Yemen as of Monday.
The attack on the Eternity C came a day after a separate attack on the Magic Seas, another Liberian-flagged, Greek-owned cargo vessel.
The British military's United Kingdom Maritime Trade Operations, the UKMTO, reported an attack against a vessel on Sunday by small boats that opened fire with small arms and RPGs. A Houthi spokesperson later said the rebels used missiles and drones in their assault on the Magic Seas, scored a direct hit, and sank it.
The European Union said the attack "endangered the lives of the crew, who had to be evacuated, and risked a major ecological disaster in the region, as the vessel is currently drifting and at risk of sinking."
"It is the first such attack against a commercial vessel in 2025," the EU said in a statement on the situation, calling it "a serious escalation endangering maritime security in a vital waterway for the region and the world."
On Tuesday, the Houthis published footage showing them appearing to detonate explosives onboard the abandoned Magic Seas, which took on water and slipped under the water. It's the third ship that the rebels have sunk.
The dual attacks using small boats and small arms reflect notably different tactics for the Houthis compared to their traditional operations. Between October 2023 and December 2024, the rebels routinely used drones and missiles to attack civilian and military ships in the Red Sea and the adjacent Gulf of Aden.
The US and NATO deployed warships to the region to defend the vital maritime routes from the Houthi attacks, which the rebels have stated are in response to Israel's ongoing war against Hamas. Aspides said the Eternity did not request any escort or protection ahead of the ill-fated Red Sea transit.
The Houthis were relatively quiet during the first half of the year. In March, the US military began a weekslong bombing campaign against the Iran-backed rebels in Yemen, and American forces struck over 1,000 targets in a matter of weeks. The Trump administration reached a ceasefire with the Houthis in May, bringing an end to what was called Operation Rough Rider.
However, the agreement only prevented the Houthis from attacking US ships. The rebels have continued to fire long-range drones and missiles at Israel in recent weeks. Israel's military retaliated on Sunday with airstrikes against Houthi infrastructure across Yemen.
The Houthis' ability to continue attacks against Israel and the latest Red Sea operations suggest that the group still retains some military capabilities, despite the intense US bombing campaign. Renewed tensions could risk drawing US naval forces — which have expended hundreds of missiles and bombs fighting the rebels — back into the conflict.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
an hour ago
- CNBC
Court scraps some of Rome's demands in UniCredit's BPM bid, keeps Russia exit
An Italian court has scrapped some of the conditions Rome had set to clear UniCredit's takeover offer for Banco BPM, except a request that it stop operating in Russia - which the Milan-based lender may struggle to comply with. The court's ruling published on Saturday fails to dispel uncertainty around the bid, which UniCredit first announced in November and formally launched in April, opening up a battlefront with Italy's conservative government. A representative for UniCredit said the government would now need to issue a new law decree. "UniCredit continues to evaluate the evolving situation and will take all relevant next steps in a timely manner," the spokesperson added. CEO Andrea Orcel was quoted as saying on Friday that a partial annulment of the government's decision could still leave the bank unable to pursue the offer. UniCredit's BPM bid is one of a dozen takeover offers reshaping Italian finance. Like BBVA's bid for Sabadell, which has met resistance in Madrid, it has seen the government emerge as a key player in banking consolidation. UniCredit also faces strong opposition from Germany's government over its investment in Commerzbank. Italy has invoked national security reasons for its decision, a stance that has drawn scrutiny from European Union authorities. "There can be no doubt about the properness" of the order to leave Russia, which is "totally legitimate," the court said in its ruling. Following supervisory demands, UniCredit has sharply cut its exposure to Russia, but it still runs a local subsidiary and needs approval from Russian authorities to leave the country. A Treasury official said Rome was satisfied with the ruling, since the court recognised as lawful the order to quit Russia, deemed the most important of the conditions. UniCredit has been told to cease its activities in Russia by early 2026, apart from payments handled for Western companies. The court axed a government's request that UniCredit keeps Banco BPM's loan-to-deposit ratio unchanged for five years, and that it maintains both its own and Banco BPM's project finance portfolios in Italy. It made non-mandatory a requirement for UniCredit to keep investments in Italian securities at BPM-owned fund manager Anima Holding. Italy set its terms in April using the government's so-called "golden power", which lets it intervene in transactions involving companies deemed strategic. UniCredit in November bid for Banco BPM after the latter became a shareholder in Monte dei Paschi di Siena, fuelling speculation that the government was advancing long-held plans to promote a combination of the two banks. Banco BPM has rejected UniCredit's approach as hostile and on Saturday it asked its suitor to clarify its intentions.
Yahoo
5 hours ago
- Yahoo
Bitcoin, Ether Tentative, XRP Steady as Trump Announces 30% Tariff on EU and Mexico
Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account. "Mexico has been helping me secure the border. BUT, what Mexico has done, is not enough," Trump wrote in a letter to Mexican President Claudia Sheinbaum. In another letter to European Commission President Ursula von der Leyen, Trump called the relationship with the EU far from reciprocal. Early this week, Trump issued new tariffs for several countries, including South Korea, Japan, Canada and Brazil, along with a 50% tariff on copper, triggering volatility in the market for the red metal. Bitcoin (BTC), the leading cryptocurrency by market value, traded around $117,400 following Trump's announcement, down 0.6% from the European session high of $118,200. Prices have failed to establish a foothold above $118,000 multiple times since Friday's early Asian trading hours, CoinDesk data show. Ether (ETH), the second-largest token, traded 1% lower on the day (UTC) at $2,930, having put in an indecisive doji candle Friday. Solana's SOL and DOGE traded over 2% lower while BNB was down 0.7%. Meanwhile, payments-focused XRP traded relatively resilient, flashing a 1.78% gain as of writing. The weak tone followed intense bullish price action mid-week that saw BTC blow past the long-held resistance at $110K, prompting renewed risk-taking in the broader crypto market. Some analysts anticipated a continued indecisive price action over the weekend. "Expectations this weekend are we chop around in tight range today. Then Asia comes in late on Sunday evening and buys ALL the Bitcoin, and we break through $120k," the founders of the newsletter service LondonCryptoClub said on X. UPDATE (July 12, 16:56 UTC): Corrects bitcoin price in 5th paragraph. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
5 hours ago
- Yahoo
Trump slaps 30% tariffs on EU, Mexico
-- U.S President Donald Trump amped up his tariff regime on Saturday, announcing 30% tariffs on Mexico and the European Union. The increased tariffs take effect on August 1, 2025. Trump made the announcements via his Truth Social account Saturday morning U.S. time, posting letters sent to Dr. Claudia Sheinbaum Pardo, the President of Mexico, and Ursula von der Leyen, the President of the European Commission. For Mexico, Trump said the country has not done enough to stop the drug cartels. "Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough," Trump said. "Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground. Obviously, I cannot let that happen!" Trump said if Mexico decides to raise its tariffs on the U.S., the U.S. will add to the 30% tariff charged to the country. On the EU, Trump said the U.S. "must move away from these long-term, large, persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff Policies and Trade Barriers." The president said the trade relationship with the EU "has been, unfortunately, far from Reciprocal." Trump said goods transshipped to evade the higher levy will be subject to an even higher rate. "Please understand that the 30% number is far less than what is needed to eliminate the Trade Deficit disparity we have with the EU," he added. Trump said if the EU decides to raise its tariffs on the U.S., the U.S. will add to the 30% tariff charged to the bloc. Earlier this week, Trump announced new tariffs on a number of countries, including Japan, South Korea, Canada, and Brazil, along with a 50% tariff on copper. Related articles Trump slaps 30% tariffs on EU, Mexico Is AI undermining labor market intelligence? Trump's big beautiful bill to boost economy, but tariffs pack bigger punch: MS Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data