Carter Malkasian
The United States and its allies are facing a crisis of deterrence. China is menacing Philippine vessels in the South China Sea and possibly readying its military for an invasion of Taiwan. Russia shows no sign of giving up its war in Ukraine. In the Middle East, Iran is threatening retaliation against Israel for the assassination of Hamas leader Ismail Haniyeh in Tehran, Hezbollah is ramping up its rocket strikes into Israel, and the Houthis continue to attack—and occasionally sink—commercial ships in the Red Sea. The compounding risks of Iranian missiles killing U.S. military personnel, of a
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