A fresh security crisis has unfolded in the Red Sea after an Indian-flagged vessel, MSV Faize Noore Oliya, sank following a reported projectile strike off the coast of Yemen. The incident has once again highlighted the growing dangers facing commercial shipping in one of the world's busiest maritime corridors. According to India's Shipping Minister, the vessel went down after being struck by what has been described as a "projectile" near Yemeni waters. Yemen's National Resistance Forces have reportedly attributed the attack to an explosives-laden boat, adding another layer of concern over the deteriorating security situation in the region. In a major relief, all 14 crew members, including 13 Indian seafarers, were rescued in a joint operation carried out by the Yemeni Navy and Coast Guard. The rescued crew members are reported to be safe, while Indian authorities continue to monitor the situation closely. WATCH