Houthis Pledge Partial Pause to Red Sea Attacks, But Shipping Industry Cautious on Return

The Iranian-backed Houthis have announced a significant scaling back of their attacks on commercial vessels in the Red Sea, following the implementation of a Gaza ceasefire that took effect on Sunday. However, the group maintains its stance on targeting vessels that are wholly Israeli-owned or flagged until all ceasefire conditions are met.

“Caution is advised as the fragility of the ceasefire could lead to renewed attacks against shipping with little notice,” warns Martin Kelly, Head of Advisory at EOS Risk Group.

The Houthi campaign, which began with the seizure of the…