While the U.S. is having a hard time opening the Strait of Hormuz, the threat of the Houthis closing the Bab el-Mandeb Strait off Yemen is now in the mix. The risk to the world economy needs no explanation

Ships can be repaired but companies need crews willing to sail into danger zone as attacks continue

Iran's latest attacks on shipping underscore the gap between Trump's declarations and reality. As Saudi Arabia and the Houthis trade fire for the first time since 2022, Washington…