This market will resolve to "Yes" if Houthi forces conduct a kinetic strike on or otherwise seize control of a commercial or military ship between July 7 and July 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Missile/drone strikes targeting a ship which are shot down or don't hit a ship will not be considered for this market.

This includes, but is not limited to drone and missile strikes, aerial bombings, and kinetic actions carried out by Houthi operatives in person such as seizing a ship by force.

The primary resolution source for this market will be a consensus of credible reporting.