Red Sea attacks on Saudi tankers push oil prices above $100 per barrel

Houthi militants have struck two Saudi‑flagged tankers in the Red Sea. The attacks have contributed to a rise in global oil prices. Crude futures moved past $100 per barrel following the incidents. President Trump responded by threatening to target the Houthi group. The U.S. president’s remarks signal a possible escalation of military action. The Iranian‑backed Houthis claim responsibility for the vessel hits. The developments raise concerns about energy market stability. Markets and policymakers will watch for further U.S. or regional responses.