International oil prices topped $100 a barrel after Houthi rebels in Yemen claimed they attacked two oil tankers in the Red Sea, raising new fears of disruptions to global energy supplies. In response, President Trump warned that if the Houthis attack another ship, the U.S. would inflict “major military punishment.” He also warned of escalation inside Iran. Nick Schifrin reports.

President Trump warned Houthi rebels against a naval blockade of Saudi ports. He stated the United States would respond if the group followed through with threats. Previous US…

In another escalation, the US president said American forces would broaden bombing to a nuclear site called Pickaxe Mountain, 220 kilometres south of Tehran.