Two of the most important corridors for international energy shipments are blocked by Iran and its proxies, oil prices are up and the global economy is reeling.

“This is the first day that Iran really started winning the war,” a Yemeni official said of Houthi territorial gains that give Tehran leverage over a second major waterway.

Rebel control of the Bab al-Mandab Strait would be a setback for the Trump administration in its conflict with Tehran.

Under economic pressure from the U.S., Iranian leaders have signaled they will not capitulate amid stunted diplomatic efforts to end the war.

In war-weary Lebanon, Israeli strikes have intensified in response to Hezbollah drone attacks.

In the wealthy countries that have borne the brunt of Iran's retaliation, the war is no longer seen as a temporary crisis with an end date. Having a Plan B is essential.