“Every shot fired by the Houthis will be looked upon, from this point forward, as being a shot fired from the weapons and leadership of IRAN, and IRAN will be held responsible, and suffer the consequences, and those consequences will be dire!” Trump wrote on Truth Social.

U.S. President Donald Trump on Monday explicitly linked the actions of Yemen's Houthi rebels to the group's main benefactor, Iran, warning Tehran would “suffer the consequences” for further attacks by the group.

Oil prices rose on Monday after President Donald Trump said the U.S. would hold Iran responsible for any future attack by the Houthis, a militant group in Yemen that has repeatedly launched strikes on commercial shipping.