The conflict between the US and Israel on Iran has entered its second month, with another major shipping lane at risk of closure. However, Chinese analysts believe the chances of a prolonged conflict remain slim.

As the US-Israeli war on Iran enters its second month, another major shipping lane is at risk of closure but the chances of a prolonged conflict remain slim, according to Chinese analysts. The assessment came on Saturday as Iran-backed Houthi rebels joined the fray by firing missiles at Israel from Yemen. The Israeli military said it intercepted one of the projectiles. Chinese state news agency Xinhua quoted a Houthi source as saying the missile attack was meant “as a warning”. The Houthis...