What’s the impact of the Houthis hijacking a ship in the Red Sea?

Houthi rebels in Yemen have taken control of a cargo ship that is partially owned by Israel in the Red Sea.

The action, according to the Iran-backed Houthis, was in response to Israel’s attack on Gaza.

The incident was referred to as an “Iranian act of terrorism” by Israel. The accusation has been denied by Tehran.

What possible effects might this have then? What potential military and financial repercussions might there be?

Folly Bah Thibault is the presenter.

Guests:

Trita Parsi is the executive vice president of the Washington, DC-based think tank Quincy Institute for Responsible Statecraft.

The Impossibility of Palestine: History, Geography, and the Road Ahead was written by Mehran Kamrava, a professor of government at Georgetown University in Qatar.