Red Sea Blockade: Houthi Attacks Threaten Global Economy, Regional Conflict

• Houthis attack Israel, raising fears of broader regional confrontation and global economic impact.
• The Iran-backed Yemeni group's attacks on Israel are in support of Hamas amid the Gaza war.
• Houthi control of Yemen's coast and potential blockade of the Bab al-Mandab Strait threaten global trade.
• A Red Sea blockade, combined with a Strait of Hormuz closure, could severely damage the global economy.
• Intensified Houthi involvement risks reigniting Yemen's internal conflict and widening West Asia tensions.