US-Iran 'small war' escalates as Houthis threaten Bab el-Mandeb, energy flows at risk

US economic pressure on Iran is escalating rather than containing conflict, with Houthi actions in Yemen opening a new front that threatens global energy and trade through the Bab el-Mandeb Strait. Saudi Arabia is pressing for US intervention, but Trump's refusal suggests a prolonged confrontation beyond his presidency, impacting Middle East power dynamics.