logo
Houthis pledge to step up shipping attacks to pressure Israel on Gaza

Houthis pledge to step up shipping attacks to pressure Israel on Gaza

The Houthis, who took control of Yemen's capital Sanaa in 2014, have been striking Israel and commercial vessels in the Red Sea after Israel's war with Hamas, which rules Gaza, began in October 2023
Bloomberg
Houthi militants pledged to target ships of any company that deals with Israeli ports, escalating their military operations in a bid to increase pressure on Israel to further ease restrictions on the hunger-ravaged Gaza Strip.
The targeted ships will be attacked 'in any location within the reach of our armed forces,' a spokesman for the Iranian-backed group, Yahya Saree, said in televised comments. 'All our military operations will be ceased immediately upon the cessation of aggression against Gaza and the lifting of the blockade.'
More than $2 trillion of global seaborne trade had passed by the coast of Yemen per year — most of which were ships heading to and from the Suez Canal on journeys between Europe and Asia. Traffic plunged by about 70 per cent after the Houthis began attacking vessels in the area and has remained low despite a lull in attacks in 2025.
Israel increased aid distribution to Gaza as it faces a growing international outcry over hunger in the shattered Palestinian enclave. The Israeli army on Sunday suspended some military operations to facilitate the movement of United Nations relief convoys and restored electricity to a desalination plant in Gaza for the first time since March.
The Houthis have already been targeting ships that had ties to Israel. Earlier this month, the group carried out attacks that sank two cargo ships, killed three crew members and led to detention of 11 others. These were the first such assaults on merchant vessels since November.
Israel has occasionally struck Houthi targets in Yemen in retaliation.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO
Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO

Business Standard

time29 minutes ago

  • Business Standard

Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO

Tata Capital, the non-banking finance company (NBFC) of the Tata Group, on Monday filed an updated draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi), for its mandatory listing on the bourses by September 2025. The company has already received the market regulator's approval for its IPO. According to the draft papers, the initial public offering (IPO) will consist of a total of 475.82 million shares, including a fresh issue of 210 million shares and an offer for sale (OFS) of 265.82 million shares. Tata Sons, which owns 88.6% of Tata Capital, will offload 230 million shares in the OFS, and the International Finance Corporation (IFC) will offload 35.82 million shares. IFC holds a 1.8% stake in the NBFC. Tata Capital initially filed confidential IPO papers in April and received approval from India's market regulator last month to proceed. As part of the process, companies are required to submit an updated draft red herring prospectus and allow time for public feedback before filing the final version. Tata Capital has been mandated by the Reserve Bank of India (RBI) to list on the bourses by September 2025, as it is classified as an upper-layer NBFC. The Tata Sons-backed NBFC firm earned a net profit of Rs 3,664.66 crore in FY25, compared to a net profit of Rs 3,150.21 crore in FY24 and Rs 3,029.2 crore in FY23. The company's revenue from core operations stood at Rs 28,312.74 crore in FY25, while its net worth stands at Rs 32,587.82 crore as of March 31, 2025. Kotak Mahindra Capital, Axis Capital, BNP Paribas, Citigroup Global Markets India, HDFC Bank, HSBC Securities and Capital Markets (India), ICICI Securities, IIFL Capital, JP Morgan, and SBI Capital Markets are the book-running lead managers of the issue.

Israel Working on New Gaza Strategy Following International Outcry
Israel Working on New Gaza Strategy Following International Outcry

Mint

time29 minutes ago

  • Mint

Israel Working on New Gaza Strategy Following International Outcry

Israel will this week make a fresh plan on how to achieve its goals in Gaza, Prime Minister Benjamin Netanyahu said, urging national unity in the face of global outrage at the humanitarian toll in the Palestinian territory. Negotiations on a new truce with Iran-backed Hamas stalled last month, leaving the almost two-year-long conflict at another impasse as United Nations warnings of famine and malnutrition grow more dire. Israel has long stated its objectives are to free the roughly 50 hostages that remain in captivity — about 20 of whom are believed to be alive — while destroying Hamas as a governing and military force. Hamas, designated a terrorist organization by the US and many other countries, has said it wants an agreement to end the war but has rejected Israeli calls to disarm. Briefing his ministers on Monday, Netanyahu said he would convene the Security Cabinet this week to direct the Israel Defense Forces on 'how to achieve the three war goals that we set out,' according to an official statement, which didn't give further detail. 'We must continue to stand together and fight together in order to achieve them.' The hint of a new strategy comes as Israel faces the most international pressure regarding its conduct of the war since the October 2023 Hamas attacks that triggered the conflict. The United Nations and aid groups have warned of increasing starvation in Gaza due to Israeli restrictions on aid — something Israel denies — and a number of Western governments have pledged to move toward recognition of a Palestinian state. Within Israel, hundreds of artists have signed a petition against the war, while retired defense chiefs have taken to the airwaves to argue there's little left to be achieved through force. Local media including Channel 12 has reported on disagreements between the government and military leaders — and even among Security Cabinet ministers — about the Gaza strategy. Israeli Culture Minister Miki Zohar, a senior member of Netanyahu's Likud party, said the government 'does not have time to waste' given worries for the fate of the hostages — and issued a warning of intensified military pressure on Hamas. 'The only option for Hamas to save itself is to return the hostages and leave the Gaza Strip,' he told Galey Israel radio. 'If that doesn't happen - none of them will get out. We'll hunt them until the end.' Israel's campaign in Gaza has killed more than 60,000 Palestinians, according to the Hamas-run health ministry, which does not distinguish between combatants and civilians. It has devastated swaths of the territory, which is now about 75% controlled by the Israeli army. Overrunning the rest would expose troops and tanks to redoubled urban battles. About 1,200 people were killed in the Oct. 7 attacks, with 250 abducted. Hamas has signalled defiance. 'We, the sons of the Palestinian people, will not hand over our weapons,' senior official Ghazi Hamad told Al Jazeera. 'Not even a blank bullet.' This article was generated from an automated news agency feed without modifications to text.

Israeli ex-security chiefs urge Trump to help end Gaza war
Israeli ex-security chiefs urge Trump to help end Gaza war

The Hindu

timean hour ago

  • The Hindu

Israeli ex-security chiefs urge Trump to help end Gaza war

Hundreds of retired Israeli security officials, including former heads of intelligence agencies, have urged U.S. President Donald Trump to pressure their own government to end the war in Gaza. "It is our professional judgement that Hamas no longer poses a strategic threat to Israel," the former officials wrote in an open letter shared with the media on Monday. "At first this war was a just war, a defensive war, but when we achieved all military objectives, this war ceased to be a just war," said Ami Ayalon, former director of the Shin Bet security service. The war, nearing its 23rd month, "is leading the State of Israel to lose its security and identity," Mr. Ayalon warned in a video released to accompany the letter. Signed by 550 people, including former chiefs of Shin Bet and the Mossad spy agency, the letter called on Mr. Trump to "steer" Prime Minister Benjamin Netanyahu towards a ceasefire. Israel launched its military operation in the Gaza Strip in response to the deadly October 7, 2023 attack by Palestinian militant group Hamas. In recent weeks Israel has come under increasing international pressure to agree a ceasefire that could Israeli hostages released from Gaza and UN agencies distribute humanitarian aid. But some in Israel, including ministers in Netanyahu's coalition government, are instead pushing for Israeli forces to push on and for Gaza to be occupied in whole or in part. The letter was signed by three former Mossad heads: Tamir Pardo, Efraim Halevy and Danny Yatom. Others signatories include five former heads of Shin Bet -- Ayalon as well as Nadav Argaman, Yoram Cohen, Yaakov Peri and Carmi Gilon -- and three former military chiefs of staff, including former prime minister Ehud Barak, former defence minister Moshe Yaalon and Dan Halutz. The letter argued that the Israeli military "has long accomplished the two objectives that could be achieved by force: dismantling Hamas's military formations and governance." "The third, and most important, can only be achieved through a deal: bringing all the hostages home," it added. "Chasing remaining senior Hamas operatives can be done later," the letter said. In the letter, the former officials tell Trump that he has credibility with the majority of Israelis and can put pressure on Netanyahu to end the war and return the hostages. After a ceasefire, the signatories argue, Trump could force a regional coalition to support a reformed Palestinian Authority to take charge of Gaza as an alternative to Hamas rule.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store