The risk of a broader Middle East war is rising

News Snapshot:

Since 7 October the world has been horrified by the gruesome fighting between Israel and Gaza. But the war could still get much worse. Iran’s proxy in Yemen, the Houthis, have been firing missiles and drones at commercial shipping and naval vessels and at southern Israel for weeks now. Global markets are spooked as the danger to shipping through the Bab al-Mandeb strait rises. Pressure is mounting on the Biden administration to strike back against Iran and its Houthi partner to stop these attacks. Advocates of striking back hard think this will deter a larger war. But if the US...