Record shipping rates through the Strait of Hormuz could offset falling crude prices.

© Kim Soo-Hyeon/Reuters

The assault comes as the kingdom has been targeted by Yemen’s Houthi rebels and by drones from Iraq.

© Stringer/Reuters

The U.S. had to expend 70 or more Patriots and Thaads to blunt an attack on Jordan.

© Atef Safadi/EPA/Shutterstock