The Houthis' recent entry into the Iran conflict raises the risk of escalating attacks against Red Sea shipping and potentially Gulf energy infrastructure, which would worsen the regional crisis and its global economic disruptions. Yemen's Houthi movement launched multiple drone and missile strikes targeting Israel in recent days, marking their first attacks since the war between Iran, Israel and the United States broke out on Feb. 28. On March 28, the Iran-backed group launched what it claimed was a barrage of ballistic missiles toward Israel, including one targeting the port city of Eilat that was reportedly intercepted by the Israeli military. A subsequent attack occurred on March 30, with Israel intercepting two drones launched from Yemen.