What else to know:

👉The intensifying Red Sea conflict is threatening to ripple across the U.S. economy at the most inopportune time for Democrats and President Joe Biden — potentially nudging inflation back up just ahead of this fall’s election.

👉Senate Democrats are officially over Benjamin Netanyahu, pointing out significant problems with his handling of Israel’s war against Hamas after the October attack. While no senators called for his resignation, their comments — including from lawmakers who are normally more reserved on the issue — show how much Democratic lawmakers’ faith in the Israeli leader has eroded.