International oil prices exceeded $100 per barrel after Houthi rebels in Yemen claimed responsibility for attacks on two oil tankers in the Red Sea. In response, President Trump stated that the U.S. would impose 'major military punishment' if the Houthis target another vessel. He also indicated potential escalation involving Iran. This report was presented by Nick Schifrin.
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Trump warns of military response following Houthi attacks on oil tankers
International oil prices rose above $100 per barrel following claims by Houthi rebels of attacks on two oil tankers in the Red Sea. President Trump responded by warning of significant military action if further attacks occur.
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Trump threatens 'major military punishment' after Houthi attacks on tankers in Red Sea
Trump warns of military response following Houthi attacks on oil tankers