Yemen's Houthis attack Saudi tanker as US launches more Iran strikes - BBC

5 sources5 storiesFirst seen 7/23/2026Score43Breakthrough

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The price of oil shot up to $100 a barrel for the first time in two months after fresh attacks in the Red Sea threatened to escalate the Middle East conflict further.

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The price rise came after US President Donald Trump warned that he will hold Iran directly responsible for further attacks by Houthi rebels on ships in the Red Sea.

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TRENDING Stories Videos Your Say The President threatened to inflict a "major military punishment" on Iran and the Houthis if the attacks continue.The Houthis had said they planned a naval blockade on Saudi Arabia around the Bab al-Mandeb are in the Red Sea, a key point for oil exports.

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Yemen's Houthis attack Saudi tanker as US launches more Iran strikes

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There are new concerns about the future of oil and gas prices after Yemen-based Houthi rebels, backed by Iran, attacked two Saudi Arabian oil tankers in the Red Sea.

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NBC's Richard Engel reports on the new front in the Middle East conflict and Christine Romans joins TODAY with analysis on the economic impact to gas prices in the United States.

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Summary

**Summary:** The Houthis in Yemen have launched an attack on a Saudi tanker, threatening to escalate tensions with Iran and potentially impacting global oil prices. **Why It Matters:** This incident highlights ongoing regional instability and the potential for increased conflict between nations, affecting both local security and international energy markets.