The United States launched a 13th consecutive series of strikes within Iran this Friday, escalating tensions in the Middle East. Simultaneously, Houthi rebels, aligned with Iran, have opened a second front, claiming attacks in the Red Sea which are driving up global oil prices, exceeding $100 a barrel. Iran’s foreign minister has issued a stern warning, stating that any nation assisting the US in these attacks will be held internationally accountable. This declaration signals a potential broadening of the conflict and raises concerns about regional stability. The escalating situation involves direct military action by the US and proxy warfare through groups like the Houthis. The threats of further retaliation suggest a deepening crisis with potentially far-reaching consequences for international security and the global economy.

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