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Trump Accuses Houthis of Driving Up Oil Prices

President Trump accused Yemeni Houthi militants of attempting to drive up oil prices ahead of the US midterm elections. The warning followed renewed attacks on Saudi Arabia that raised global supply concerns.

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FILE PHOTO: Smoke and flames rise from King Khalid Airport, after Yemen's Iran-backed Houthis said they attacked the airport, in Riyadh, Saudi Arabia, October 8, 2026, in this screengrab obtained from a social media video.

President Donald Trump accused Yemen's Houthi militants of attempting to drive up energy costs ahead of the United States midterm elections. The remarks arrive during a widening regional conflict linked to the U.S. conflict with Iran that threatens global trade. The tensions risk pushing Brent Crude Oil and West Texas Oil higher as key shipping routes face mounting security threats.
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