The Middle East situation has sharply escalated as Yemen’s Houthi rebels enter the conflict, announcing a naval blockade and ordering closures of ports Saudi Arabia. The move comes as Iran conducts strikes on U.S. and allied assets in the Gulf, and follows Saudi strikes on Sanaa’s airport that prompted Houthi retaliation. This video unpacks the Houthi blockade, the port closures, the sequence of actions involving Iran and Saudi Arabia, and what these developments mean for regional security and global energy markets.

Iran’s president says country is fighting a “full-scale war” with the US;

SANAA — Yemen's Iran-backed Houthi rebels on Monday announced a maritime embargo of their foe Saudi Arabia, after the pair traded fire last week fo...