The Houthi threat to maritime shipping in the Red Sea has not dissipated, despite a decrease in attacks since 2025. U.S.-Israeli strikes have weakened the group militarily and economically, but they continue to regroup and rebuild their arsenal.
The Houthis have not launched attacks on commercial ships in the Red Sea since 2025, but they still pose a threat to shipping as a tool of leverage. This has kept commercial actors wary, preventing a full rebound in Red Sea shipping.
The reasons behind the Houthis' decision not to attack during the recent Iran war are speculative, but it is believed that they hope to secure benefits from backchannel talks with the Saudis and avoid disrupting the fragile détente.
