Israel's military has conducted targeted airstrikes on Houthi-controlled sites in Yemen, including the Hodeida port area, in direct response to Houthi missile launches toward Israeli territory, such as the recent projectile near Ben Gurion Airport. These actions occur amid renewed ground fighting between Houthi forces and Saudi-backed Yemeni government troops, with Houthis advancing along the Red Sea coast and launching cross-border attacks on Saudi targets. The broader context stems from the post-February 2026 U.S.-Israel campaign against Iran, which has reactivated Houthi threats to shipping routes and Israeli interests. Traders monitor Houthi attack frequency, Israeli statements on targeting senior commanders, and any coordination signals with Saudi Arabia or other regional actors for signs of further escalation or restraint.