Houthi attacks keep Red Sea shipping risk elevated as of 11 Nov 2026

As of 11 November 2026, multiple maritime trackers and intelligence briefs report renewed Houthi missile, drone and pipeline strikes tied to the Iran–Israel–US confrontation, keeping the Red Sea/Bab el-Mandeb shipping threat elevated and prompting routings, insurance premium spikes and sustained below-normal transit volumes through the Suez corridor.

Continued Houthi attacks increase war-risk insurance costs and encourage shipowners to reroute around the Cape of Good Hope, raising voyage times and freight costs. The disruption is conditional on wider regional escalation: a further spillover (e.g., confirmed damage to Gulf export infrastructure) would push insurance and rerouting decisions further, while a durable de-escalation would allow gradual traffic normalization.

UKMTO, IMO or a major maritime insurer issues a confirmed Houthi-linked commercial-vessel attack or a Saudi export-terminal damage report within 14 days.