Trump accuses Houthis of trying to raise oil prices before US elections
Trump accused the Houthis of trying to drive up oil prices before US elections, as oil futures rose amid tensions involving the group and Saudi Arabia.
US President Donald Trump accused the Houthis on October 13 of deliberately trying to drive up oil prices before US elections and warned that he would ‘never forget’ their attacks on Saudi Arabia, according to AFP. He said the group was acting ‘probably at the behest of Iran’; AFP’s report did not establish either claim about the group’s motives.
Oil rises amid Saudi-Houthi tensions
Brent crude futures for December delivery rose 1.24% to $107.02 a barrel on Wednesday, while US West Texas Intermediate futures for November gained 1.18% to $95.25, CNBC reported. It linked the rise to supply-disruption concerns amid escalating Saudi-Houthi tensions.
In separate conflict reporting, RTÉ said the Houthi-run health ministry reported that two people were killed in a strike on an oil company in Hodeidah and blamed Saudi Arabia. There was no immediate Saudi confirmation, the report said.
Sources and context
- Trump says Houthis trying to push up oil prices before US electionThe Straits Times (AFP)
- Two killed in Saudi strike on oil company, Houthis sayRTÉ (AFP/Reuters)
- Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi ArabiaCNBC
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