Oil prices rise after Trump blames Iran for Houthi attacks
cnbc.com —
Oil prices increased on Monday following President Donald Trump's statement that Iran would be held accountable for any future Houthi attacks. U.S. crude oil futures rose to $67.58 per barrel, while global benchmark Brent reached $71.02 per barrel. Trump's comments came after the U.S. conducted airstrikes against the Houthis, a militant group in Yemen. He emphasized that any Houthi attack would be considered an act by Iran. This marks a shift in U.S. policy, as Trump directly linked Iran to the actions of the Houthis, indicating potential consequences for Iran.