What did Trump explicitly threaten to do in response to further Houthi attacks on Red Sea ships, and how does he link Iran to those attacks?

Trump explicitly threatened that 'the US will hold Iran responsible' for any further Houthi attacks on Red Sea ships, stating 'the Houthis are a Surrogate and/or Proxy of Iran,' and warning that 'Major military punishment will be inflicted upon Iran and, of course, the Houthis, themselves.'

What immediate economic impact did the Houthi attacks have on global oil markets, and what price level did Brent crude reach as a result?

The Houthi attacks pushed oil prices up further, with Brent crude jumping more than 6% on Thursday to $100 a barrel — a level it hadn’t reached in almost two months — and gaining more than 30% since July 10, when the latest US-Iran flare-up began.

Trump Threatens Escalated Strikes on Iran After Houthi Attacks on Oil Tankers

Jul 23, 2026

US President Trump threatened further military action against Iran following Houthi attacks on Saudi oil tankers disrupting Red Sea shipping. Brent crude prices jumped over 6% to $100 per barrel amidst concerns over global energy supply stability.

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