U.S. President Donald Trump says he will hold Iran responsible and deliver “major military punishment” to Iran and its Houthi allies after Houthi fighters attacked ships in the Red Sea. Multiple reports say the attack involved Houthi strikes on two Saudi oil tankers, which extends the conflict’s impact to an additional key shipping chokepoint. Reuters and other outlets link the widening disruption risk to a sharp rise in oil prices. Brent crude rises by more than 6% and breaks above $100 a barrel for the first time since May, amid fears that tensions could further disrupt sea routes. Separate coverage also notes that the White House is weighing the timing of a potential response, describing a decision on a “massive attack” on Iran as close. Overall, the reports describe a cycle of retaliatory threats and market reaction: Houthi attacks prompt U.S. warnings aimed at Iran, while oil markets respond to heightened risk of broader shipping disruption in the Red Sea.