The strongest version of this narrative highlights a rapidly escalating regional conflict with multiple actors—Iran, the Houthis, Israel, and the U.S.—each pursuing strategic objectives. The Houthis’ entry into the war expands the conflict’s geographic scope, while Iran’s rejection of U.S. peace terms underscores its demand for long-term security guarantees. The economic dimension, particularly disruptions in critical shipping routes, adds urgency to diplomatic efforts. However, the narrative al...