Yemen's Houthi rebels signaled Monday they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships after a ceasefire began in the Gaza Strip, but warned wider assaults could resume if needed.

DUBAI, United Arab Emirates -- Yemen's Houthi rebels signal they will limit attacks in the Red Sea corridor to Israeli-affiliated ships.

Yemen's Houthi rebels have announced a focus on attacks against Israeli-affiliated ships in the Red Sea. This comes amidst a fragile ceasefire in Gaza. The move affects global shipping and could provoke further hostilities,

Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.

The Yemen-based Houthis signaled a pause in their months-long attacks on commercial ships following a ceasefire deal between Israel and Hamas.

Yemen's Houthi rebels announced they will direct attacks only towards Israeli-linked ships in the Red Sea following a Gaza ceasefire. They halted previous sanctions on other vessels, having targeted about 100 since November 2023 amid the Israel-Hamas conflict.

Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data. Brent crude futures settled down 74 cents,