Houthis Release Dramatic Video Of Bulk Carrier Being Blown Apart In Red Sea

"The US has committed a substantial military force at great financial cost to protecting the Red Sea. Our protective effort is failing and flailing," David Asher, a senior fellow at Hudson Institute, wrote in a statement, referring to the escalating attacks on commercial vessels by Iran-backed Houthis across the southern Red Sea, critical Bab el-Mandeb maritime chokepoint and the Gulf of Aden.  Our biggest takeaway this week after speaking with several commodity research firms and risk analysts about the evolving situation in…