Yemen Houthi rebels officially joined the regional war by launching cruise missiles and drones at military targets in Israel.This escalation threatens the Bab el-Mandeb Strait, a critical maritime chokepoint responsible for twelve percent of global seaborne oil shipments.The US responded by deploying multiple aircraft carrier strike groups to the Red Sea as regional tensions with Iran intensify.Potential disruptions to shipping routes could force cargo vessels to reroute around Africa, driving up global energy prices.