Saudi Arabia asks Trump for help, he refuses as Houthis tighten grip on the Red Sea
Bin Salman asks Trump to strike the Houthis, but receives only operational support. Pro-Iranian rebels advance on the Red Sea, hitting the Saudi oil pipeline.
Today, stock markets are dealing with a long and bitter war with the Houthis' entry. Oil is above $115. The Nikkei is plummeting.
Asian stock markets are all in the red. Government bonds are also down. Peace talks starting today in Pakistan are faltering. European stocks opened lower. At the Milan Stock Exchange, eyes are on TIM, INWIT, and Recordati.
Yemen's Houthis enter the war alongside Iran and attack Israel. Meanwhile, U.S. Marines arrive. Talks begin in Pakistan.
Yemen had previously stayed out of the war with Iran, but its involvement further worsens global shipping. Here's what that means.
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