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NATO Claims Western Strikes on Yemen Are Defensive
(www.telesurenglish.net)
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Yes it does. Ships of any nation have a right to transit international waters.
When Iranian ships (or ships of any nation, really) engage in acts of privacy, then they open themselves up to the consequences, whatever those may be.
The US has been seizing non-Iranian ships in international waters that it claims are carrying Iranian oil. It has been doing this long before the current unpleasantness.
The country engaging in the act of piracy is the US.
Also, the Bab Al-Mandreb straight is the territorial waters of Yemen, Eritrea and Djibouti. It is not international waters.