Trump Warns Iran: 'You Are Responsible' for Houthi Attacks on Arabian Ships

President Donald Trump has issued a warning to Iran via Truth Social, holding Tehran responsible for attacks carried out by Houthi forces against Arabian ships.

Trump's post on Truth Social came in response to the Houthis' attacks on Saturday night. The president directly told Iran that it bears responsibility for the actions of the Houthi movement, which Iran has long supported politically and militarily in the region.

The Houthi movement, formally known as Ansar Allah, controls significant territory in Yemen and has conducted numerous attacks on commercial shipping in the Red Sea and surrounding waters. The Red Sea is one of the world's most critical maritime trade routes, with the Bab el-Mandeb Strait connecting the Mediterranean via the Suez Canal to the Indian Ocean. Disruption to this corridor has already prompted major container shipping operators to reroute vessels around Africa's Cape of Good Hope, adding thousands of miles and weeks of transit time to journeys between Asia and Europe. Iran has been widely recognized by international observers as a key backer of the Houthis, providing weapons, training, and financial support.

Tensions in the region continue to escalate. Crude oil is trading near $91 per barrel amid the heightened geopolitical uncertainty. In premarket trading, the NASDAQ was down 364 points.

Crude oil futures ultimately settled at $92.19, up $5.36 or 6.17% on the session, reflecting market concern over potential supply disruptions linked to the conflict. The Red Sea shipping disruptions and broader Middle East tensions have contributed to sustained upward pressure on energy prices, which feed into transportation costs and consumer goods supply chains.

Gold held support near $4,040 as oil-driven yields blunted the traditional haven bid for the precious metal.