The Houthi attacks imperil traffic on one of the world’s most vital shipping lanes and with it global trade overall. The U.S. Energy Information Administration says 8.8 million

Despite the fact that U.S. warships have had to shoot down both drones and missiles fired from Yemen by Iranian-backed Houthi rebels that were judged to pose a threat to American naval assets, the White House said it’s waiting to build an international coalition before responding.