The Houthis are still calling the shots in the Red Sea
The announcement of a ceasefire opens the possibility of shipping’s return to Bab el Mandeb transits, but much of the industry remains beholden to what the militant group decides to do next
The segments of the shipping industry that were either forced to reroute or freely chose to are not relying on naval escorts or diplomatic negotiations to decide on whether they will return, but are waiting for a signal from the Houthis themselves