Gaza Ceasefire Raises Hopes of Renewed Security in the Red Sea

On Thursday, Israeli Prime Minister Benjamin Netanyahu announced that an agreement for a ceasefire and hostage exchange had been reached with terrorist group Hamas, setting conditions for the end of hostilities in Gaza – though an unspecified last-minute issue has delayed an Israeli cabinet vote to finalize the deal. If approved, it appears to satisfy most of the demands of Yemen’s Houthi rebels, who have attacked shipping in the Red Sea for more than a year in protest of Israeli operations in Gaza. 

In a response to Netanyahu’s announcement early Friday, Houthi leader Malik Al-Houthi cast the ceasefire as a loss for Israel and America. He suggested that the group’s “na…