DUBAI: US President Donald Trump promised on Thursday “major military punishment” for Iran and its Houthi allies, after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping chokepoint.
Fears that disruption could widen further to block another sea route sent global oil prices surging in one of the steepest rises of the war.
Brent crude rose more than 6 percent, breaking through $100 a barrel for the first time since May.
Two weeks since the effective collapse of an interim truce meant to end the war, the US military launched another round of air strikes on Iran overnight into Thursday, prompting Iran to fire at neighboring Arab countries that house US bases.
Iranian state media said a missile struck Qeshm Island on the Strait of Hormuz on Thursday evening, raising the prospect of a further night of attacks in a conflict well into its fifth month that has already killed thousands and raised fears of a global economic downturn.
After the Houthis said they had struck the two tankers, Trump said he would hold Iran accountable for any further attacks by the fighters.
The Houthis, who control northern and western Yemen, said this week they were imposing a naval blockade on Saudi Arabia, which has diverted millions of barrels of oil per day by pipeline to the Red Sea to get around Iran’s blockade of Gulf oil through the Strait of Hormuz.
“If they do this again, the US will hold Iran responsible, in that the Houthis are a Surrogate and/or Proxy of Iran, and major military punishment will be inflicted upon Iran and, of course, the Houthis, themselves,” Trump wrote on Truth Social.
He told news outlet Axios he was considering relaunching major combat operations in Iran and was close to a decision. “They haven’t received enough pain yet,” Axios quoted Trump as saying.
The Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, the Encelia and the Layla.
A maritime security source said the Encelia had transmitted a distress call reporting it had been struck by a missile near the Saudi port of Jazan in the Red Sea just north of Yemen late on Wednesday.
Saudi state news agency SPA said the strike had caused a fire at the bow.
Reuters could not immediately confirm the attack on the Layla, or other battlefield accounts, but Trump mentioned two attacks on Saudi tankers.
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after the reported attacks, sources said.
Houthi attacks could close the strait known as the Bab El-Mandeb or “Gate of Tears” which controls access from the Red Sea to the Indian Ocean, the second most important route for energy shipments after the Strait of Hormuz at the mouth of the Gulf.
In the days since they announced their blockade in the Red Sea, several tankers have changed course to avoid the Bab El-Mandeb, heading north instead through the Suez Canal, potentially using a much longer and more expensive route to reach Asian customers by sailing around Africa.
