Houthis launch ballistic missile at Israel. Arrow 3 intercepts at 100 km altitude. Swipe β
Shiite rebel group controlling northern Yemen. Arsenal includes Iranian drones and missiles.
US-Iran, Israel-Hezbollah, Houthis-Israel, Saudi Arabia and UAE attacks. Regional conflict explodes.
Each Arrow 3 intercept costs $2-3 million. Houthi missiles cost $50K. Math favors attackers.
Brent hits $134/barrel. Red Sea shipping insurance up 340%. Routes diverted around Cape of Good Hope.
820 dead in Lebanon, 200+ children. 2.4 million Yemenis facing food insecurity. UNICEF urges action.
April 6 deadline for Iran to reopen Strait of Hormuz. European diplomats call it 'extremely aggressive'.