Trump Panics as Houthis Enter War!!!

March 28, 2026

AI Summary

5 min read

The MeidasTouch Podcast episode covers escalating conflict in the US-Israel-Iran war, highlighted by Yemen's Houthis launching their first direct ballistic missile attacks on Israel. It details mutual strikes, Iran's control of key straits, US military injuries, economic fallout from surging oil prices and market declines, and Trump administration responses amid stalled diplomacy.

Houthi Entry and Red Sea Risks

The Houthis, previously on the sidelines awaiting Iran's orders, fired ballistic missiles at Israel last night—intercepted, according to Israel, but marking their official entry into the war. A Houthi leader had signaled involvement if new alliances formed against Iran, the Red Sea was used for attacks, or escalation continued; they cited recent US-Israel strikes on three Iranian steel plants (producing 70% of Iran's steel, its second-largest export at $6.48 billion) as the trigger. Iran timed this activation amid its response to the invasion.

The Houthis previously disrupted Red Sea commerce via the Bab al-Mandab strait. Full shutdown there, alongside Iran's control of the Strait of Hormuz (25% of global oil exports), would compound global economic chaos—Iran now charges tolls for passage, as Thailand negotiated recently for its tankers.

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What you'll learn

1 (02:15) **Houthis Enter War** - Houthis fire ballistic missiles at Israel for first time, previously waiting for Iran's activation
2 (02:44) **Red Sea Threat Looms** - Houthis capable of shutting Strait of Bab al-Mandab, risking global commerce disaster
3 (04:00) **US Troops Injured in Riyadh** - Iran hits US base, 12+ soldiers hurt (2 seriously); total US injured exceeds 300
4 (05:12) **Economic Fallout Begins** - Billions daily war costs, trillions market losses, surging inflation and gas prices
5 (05:36) **Houthi Activation Triggers** - Leader cites US-Israel alliances, Red Sea attacks, or Iran escalation (steel plant strikes)
6 (06:47) **Regional Bombing Escalates** - US/Israel bomb Tehran, Isfahan; Iran targets Tel Aviv, US bases in Gulf, Damascus explosions
7 (07:33) **Iran Controls Hormuz** - Charges tolls for passage; Thailand negotiates bilateral access

+ Full timestamped outline available in the app

Show Notes

MeidasTouch host Ben Meiselas reports on Donald Trump panicking on the news that the Houthis of Yemen have officially joined the war and have started attacking Israel and Meiselas discusses the major consequences of the Houthi’s now joining the war.

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