Iran’s Proxy War Just Escalated Again

In this episode of The President's Daily Brief:

- First, the Iran-backed Houthis have begun enforcing their blockade of Saudi Arabia, striking oil tankers in the Red Sea as new reporting points to a deeper and more direct Iranian role behind the escalation.

- Later, Russia’s growing fuel shortages are reportedly beginning to disrupt military operations in Ukraine, with some frontline units forced to ration supplies and abandon equipment they can no longer operate or recover.

- Plus, Secretary of State Marco Rubio offers a sober assessment of peace efforts in Ukraine while reassuring America’s Asian allies that Washington’s outreach to China will not come at their expense.

- And in today’s Back of the Brief, a new report estimates that rebuilding Gaza will cost approximately $71 billion and warns that any lasting reconstruction effort will require meaningful Palestinian participation.

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