The escalating Middle East conflict, marked by the involvement of Iranian-backed Houthi rebels, has significant implications for global shipping and energy markets. The Houthis' history of attacking merchant vessels in the region raises concerns about further disruptions to oil and natural gas supplies if they target vessels in the Bab el-Mandeb Strait. Diplomatic efforts are underway to end the conflict, but tensions remain high as both sides continue to strike each other. This ongoing violence...