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What are the implications of Yemen's Houthis hijacking Israeli ships?

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A freighter, part Israeli-owned, has been hijacked by Yemen's Houthis in the Red Sea.
They say it's in response to Israel's war on Gaza. Iran denies Israeli claims it's involved.
So, what impact will this have on the region? And what are the possible military and economic implications?

Join Host Folly Bah Thibault

Guests:

Trita Parsi - Executive Vice President, Quincy Institute for Responsible Statecraft.

Mehran Kamrava - Professor of Government, Georgetown University in Qatar.

Farea Al-Muslimi - Research Fellow on Yemen and the Gulf, Chatham House. 

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