Recent statements from President Trump on November 7 confirm ongoing US-Houthi communication and Houthi assurances against targeting American interests or vessels, with no planned US offensive strikes. The group separately announced it would lift its Red Sea blockade on most commercial shipping following an Israel-Hamas ceasefire phase. These developments sustain the US-Houthi truce established in 2025, even as fighting intensifies between Houthis and Saudi-backed Yemeni government forces over coastal territory and the Bab el-Mandeb Strait. Trader consensus reflects the stability of direct bilateral de-escalation, though UN sanctions renewal discussions and any resumption of cross-border attacks could introduce volatility within the resolution window.