Analysis by S&P suggested that the “ceasefire is very likely to collapse beyond its initial phase” as it assessed that the Israeli Defense Force (IDF) would be unlikely to withdraw from Gaza entirely and restrictions to access to the territory would not be fully lifted.

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.

The Sanaa-bsed HOCC, which liaises between Houthi forces and commercial shipping operators and is associated with the Houthi military, said it was stopping "sanctions" against vessels owned by U.S. or British individuals or entities, as well as ships sailing under their flags.