Israel says Yemen's Houthi rebels hijacked an Israeli-linked cargo ship in the Red Sea, raising concerns about escalating regional tensions. The ship, named Galaxy Leader, was seized by the rebels, who are backed by Iran. Israeli officials condemned the hijacking as an 'Iranian act of terror' and described it as a 'very grave incident of global consequence.' The vessel had 25 crew members of various nationalities on board, but no Israelis. The Red Sea is a crucial shipping route, and the incident highlights the potential for conflict in the region.