Sign up HERE to our DC Insider newsletter - your guide to what's rocking Washington, rattling the White House and setting tongues wagging on the Hill See more Daily Mail on Google - save us as a Preferred SourceBy PHILLIP NIETO, US POLITICAL REPORTER Published: 13:41 BST, 13 July 2026 | Updated: 13:53 BST, 13 July 2026
Saudi Arabia has launched airstrikes on Iran's Houthi proxy in Yemen, sending oil prices soaring Monday morning as Donald Trump's ceasefire collapses.Houthi rebels say Saudi warplanes bombarded Sanaa International Airport in Yemen with the group's spokesman declaring an 'end to the de-escalation phase' and warning that the 'aggression will not go unanswered or unpunished.'The attack reportedly came as an Iranian aircraft attempted to land at the airport. Evacuation orders have been issued for the airport and surrounding areas. A Saudi-led military alliance based in Yemen’s south for a decade has been fighting the Iranian-backed Houthi rebels based in the north. Tehran says the fallout has already reached the negotiating table with their foreign ministry claiming Trump's memorandum of understanding with Iran has entered a 'crisis phase.'Oil prices surged over three percent Monday morning following renewed military strikes between the US and Iran amid escalating tensions regarding control of the Strait of Hormuz.Asked about the escalating strikes across the region, Trump told Fox News: 'We're taking over the strait.'The Strait of Hormuz, the Persian Gulf chokepoint carrying about a fifth of the world's oil, has been a central flashpoint since the war began in February, sending markets spiraling with every escalation.
