Yemen's Houthis have indicated they will restrict their Red Sea attacks to vessels linked with Israel amid a ceasefire in Gaza.

Houthi rebels have backed the Gaza ceasefire agreement reached between Israel and Hamas, with the Yemeni group’s spokesperson saying they will halt their military operations against Israel as well as commercial ships in the Red Sea if the truce comes into force on Sunday.

War risk insurance rates for Red Sea transits fell overnight as the market digested the Houthi announcement of a halt to its missile campaign against non-Israeli shipping. The announcement is expected to spark a gradual restoration of shipping operations over several months to the region,

The Yemeni Houthi group said Wednesday it launched an attack targeting the US aircraft carrier USS Harry S. Truman and accompanying warships in the northern Red Sea. In a televised statement, military spokesman Yahya Saree said the attack involved several cruise missiles and drones, saying the attack successfully hit its targets.

Part of Iran’s “axis of resistance”, the Houthis have repeatedly launched missile and drone attacks on Israel since the war in Gaza broke out in October 2023, claiming solidarity with the Palestinians.

Yemen's Houthis will limit their attacks on commercial vessels to Israel-linked ships after the Gaza ceasefire came into effect, the Yemen-based Humanitarian Operations Coordination Center (HOCC), said.

The group's military spokesman Yahya Saree said in a televised statement that the strike was the third by the Houthis on Israel in a 12-hour period, vowing that attacks would continue until the Israeli war on Gaza ends and the siege is lifted.

Yemen's Houthis will limit their attacks on commercial vessels to Israeli-linked ships after the Gaza ceasefire came into effect, according to the Yemen-based Humanitarian Operations Coordination Center.

Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as a ceasefire in the Gaza Strip takes hold

Yemen’s Houthi rebels signaled Monday they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships after a ceasefire began in the Gaza Strip, but warned wider assaults could resume if needed.

Yemen's Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as a ceasefire in the Gaza Strip took hold. The Houthis made the announcement in an email sent to shippers and others on Sunday.