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Trump Threatens 'Major Military Punishment' Over Red Sea Oil Attacks

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US President Donald Trump has vowed to punish Iran and its Houthi allies for attacks on two Saudi oil tankers in the Red Sea, saying 'major military punishment' will be inflicted upon them.

The attack on Thursday extended the Middle East war to a second major shipping chokepoint, with global oil prices surging over 6% to pierce the $100-a-barrel mark for the first time since May.

Iran's Revolutionary Guards said they had struck US missile systems and fuel storage sites in Jordan, as well as US military posts in Kuwait, in response to overnight strikes on Iran's Shalamcheh border crossing with Iraq.

The Houthi-led blockade of the Red Sea has disrupted oil shipments, with several tankers changing course to avoid the Bab el-Mandeb strait and instead sailing through the Suez Canal.

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