Skip to content
Back to Guavy Wire
Commodities

Houthi Missile Strike Hits Saudi Oil Tanker Amid Ongoing Naval Blockade

Instruments
Oil
Share

The Houthi movement in Yemen has claimed responsibility for a missile strike on a Saudi oil tanker, Wafaa, off the coast of Yanbu. The attack occurred on August 5, and it is reported to be the eighth Saudi oil tanker targeted since the group launched its naval blockade on July 22.

The Houthi military spokesperson, Yahya Saree, stated that several ballistic missiles were fired at the tanker, claiming a direct hit. He also mentioned that the naval blockade would continue and intensify regardless of the consequences.

Furthermore, the group reported that it had forced 29 Saudi oil tankers to reverse course in the Red Sea and Arabian Sea. This comes after India's Ministry of External Affairs disclosed on Tuesday that an Indian-flagged commercial vessel sank off the coast of Yemen following an attack in the Red Sea, with all 14 crew members rescued.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc