diff --git a/third_party/istio-latest/net-istio.yaml b/third_party/istio-latest/net-istio.yaml
index a05762fbf318..67706018964b 100644
--- a/third_party/istio-latest/net-istio.yaml
+++ b/third_party/istio-latest/net-istio.yaml
@@ -1,4 +1,4 @@
-# Generated when HEAD was a8bc6245272c184df78745bbdf10b367682b154a
+# Generated when HEAD was f55ab3c26b0ce4e5a7fca7bffad177160485bb2f
 #
 # Copyright 2019 The Knative Authors
 #
@@ -22,7 +22,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     serving.knative.dev/controller: "true"
     networking.knative.dev/ingress-provider: istio
 rules:
@@ -54,7 +54,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -93,7 +93,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -114,7 +114,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
     experimental.istio.io/disable-gateway-port-translation: "true"
 spec:
@@ -152,7 +152,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 data:
   # TODO(nghia): Extract the .svc.cluster.local suffix into its own config.
@@ -262,7 +262,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -280,7 +280,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -313,7 +313,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -330,14 +330,14 @@ spec:
         app: net-istio-controller
         app.kubernetes.io/component: net-istio
         app.kubernetes.io/name: knative-serving
-        app.kubernetes.io/version: "20240723-a8bc6245"
+        app.kubernetes.io/version: "20240724-f55ab3c2"
     spec:
       serviceAccountName: controller
       containers:
         - name: controller
           # This is the Go import path for the binary that is containerized
           # and substituted here.
-          image: gcr.io/knative-nightly/knative.dev/net-istio/cmd/controller@sha256:202d95eb2e2f7435c5de60cbd9cd3fe98f1dca25dcac7976ffc796b1204902e4
+          image: gcr.io/knative-nightly/knative.dev/net-istio/cmd/controller@sha256:7fbe367e70055085940162a521800f0054b407476d31431417219e4d3f434ec9
           resources:
             requests:
               cpu: 30m
@@ -416,7 +416,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   selector:
@@ -430,14 +430,14 @@ spec:
         role: net-istio-webhook
         app.kubernetes.io/component: net-istio
         app.kubernetes.io/name: knative-serving
-        app.kubernetes.io/version: "20240723-a8bc6245"
+        app.kubernetes.io/version: "20240724-f55ab3c2"
     spec:
       serviceAccountName: controller
       containers:
         - name: webhook
           # This is the Go import path for the binary that is containerized
           # and substituted here.
-          image: gcr.io/knative-nightly/knative.dev/net-istio/cmd/webhook@sha256:ff2dc41f2f7663bc6d968d0d4553af0253602dd125d5283cf8cc146d8aeafaab
+          image: gcr.io/knative-nightly/knative.dev/net-istio/cmd/webhook@sha256:ff9fb50977627c8f5e13db4554e2a5f2ad6ee471c5c7c22b592f2c39f046e250
           resources:
             requests:
               cpu: 20m
@@ -515,7 +515,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 
 ---
@@ -542,7 +542,7 @@ metadata:
     role: net-istio-webhook
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 spec:
   ports:
@@ -581,7 +581,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 webhooks:
   - admissionReviewVersions:
@@ -620,7 +620,7 @@ metadata:
   labels:
     app.kubernetes.io/component: net-istio
     app.kubernetes.io/name: knative-serving
-    app.kubernetes.io/version: "20240723-a8bc6245"
+    app.kubernetes.io/version: "20240724-f55ab3c2"
     networking.knative.dev/ingress-provider: istio
 webhooks:
   - admissionReviewVersions: