Houthi’s – Red Sea Ship Hijack – makes world Markets jittery
Yemen’s Houthi rebels have hijacked an Israeli-linked cargo ship in the Red Sea and taken 25 crew members hostage.
The rebels stated that they hijacked the ship due to its connection to Israel and warned that they would continue to target ships in international waters linked to or owned by Israelis until the end of Israel’s campaign against Gaza’s Hamas rulers.
The hijazcked ship Galaxy Leader is partially owned by Israeli tycoon Abraham Ungar who goes by Rami, and is the founder of Ray Shipping Ltd.
Abraham Ungar incidentally is one of the richest men in Israel.
The ship, Galaxy Leader, was seized by the rebels in the Red Sea on Sunday afternoon local time, with the rebels descending on the cargo ship by rappelling from a helicopter.
The Houthis, who are supported by Iran, are currently in a cease-fire amid a civil war with the Yemeni government.
The Office of Israeli Prime Minister Benjamin Netanyahu condemned the attack against the vessel and claimed the Houthis were responsible, calling it “another act of Iranian terrorism” with international consequences regarding the security of global shipping lanes.
The Japanese government is working for the early release of the crew through negotiations with Houthi rebels, while also communicating with Israel and cooperating with the governments of Saudi Arabia, Oman, and Iran.
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