What? The Houthis shutting down a major global shipping route and the US openly giving up on restoring it is not "regional politics."

The dollar being the reserve currency is international finance. Nothing to do with the superiority of one navy over another.

Navies appear to be obsolete (edit: I'll exempt ballistic missile subs from this statement, though.) You don't even need a navy of your own to sink another country's navy these days.

When $100M in armaments can take out a $10000M carrier, it's time to rethink things.