00:0072 hours. That's reportedly all it took to redraw the Red Sea. Yemeni officials say Houthi fighters
00:05took Parham Island, the volcanic rock at the center of the Bab el-Mandab Strait, putting both
00:09shipping channels through it under their control. Not half the strait, all of it. Sources say
00:13Saudi Crown Prince Mohammed bin Salman called Trump twice in one day, urging strikes on the
00:17Houthis. Trump reportedly declined. Meanwhile, Iran's president stood beside Putin and Modi
00:22at the BRIC summit. One ally isolated, the other front and center. The irony, decades of American
00:27weapon sales were meant to prepare Saudi Arabia for this moment. Instead, officials say its jets
00:32are grounded, with its interceptor stockpile reportedly already low after the last round
00:36with Iran. Three choke points, one squeeze. Hormuz restricted by Iran, Bab el-Mandab seized by the
00:42Houthis, a Saudi pipeline reportedly hit by drones from Iraq. Oil has passed $100 a barrel. Saudi
00:47exports to Asia reportedly down from 3.4 million barrels a day to under 130,000. Who's steering
00:53this crisis, the kingdom with the arsenal, or the group holding one small arm?
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