Houthis fired an anti-ship cruise missile at the USS Laboon.
- the US Navy vessel was in the Red Sea.
The missile was shot down by US fighter aircraft near the coast of Yemen with no harm done to Laboon or the aircraft.
Its difficult to see the Houthis stopping their attacks, and thus I expect further US military strikes against the group.
On Friday we had:
- US and UK air strikes underway in Yemen, targeting Houthis
- US Navy maritime patrol and reconnaissance aircraft spotted off Yemen - yen rises
Oil climbed but its now back to around (just under) USD73/bbl.