Geopolitical Tensions Shift to the Red Sea

The temperature has dropped noticeably on the Iran-Israel-U.S. front. What dominated headlines with shock and awe just two weeks ago is now receding into the background, replaced not by resolution, but by a quieter, more calculated equilibrium. Iran’s missile strike on Al Udeid was the loudest part of this cycle, but it was a fleeting burst of noise. What’s followed has been strategic restraint. No follow-up barrage, no mass mobilizations, no new sanctions of major consequence. On the U.S. side, the administration seems content to leave…