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given the amount of missiles being fired into the red sea before an american military vessel was going to be hit by one of these. that is something that could lead not just to a confrontation with the houthis but also with iran, the houthis backers, which is something the united states does not want to see. so far, no missiles fired from the houthis with the whole region watching closely. chris. >> raf sanchez, thank you. those retaliatory strikes come after houthi rebels upended commercial shipping with dozens of attacks in the red sea. cnbc is following this for us for cnbc on msnbc. help us understand the ripple effect here. >> sure, the ripple effect, it's wide, chris, and it's vast and very quick and moves on a dime. the last time i was on we were talking about the soaring freight rates. they're supposed to set starting on monday, a new round of rates. yesterday some managers got a