US to hold Iran responsible for Houthi attacks
US President Donald Trump warned of a major military punishment for Iran and its Houthi allies.
The threat came after Yemen’s Iran-backed Houthi rebels struck two Saudi oil tankers in the Red Sea.
Crude oil prices rose following the news, with West Texas Intermediate up 5.65% at $90.77 and Brent crude oil breaking through $100 a barrel.