Houthi rebels claimed attacks on two Saudi oil tankers in the Red Sea, coinciding with Brent crude oil reaching approximately $100 per barrel and rising more than 6 percent on Thursday. The U.S. conducted a 12th night of strikes across Iran, and President Trump stated the U.S. would hold Iran responsible for future Houthi actions. Supported reports also note threats to blockade the Bab al-Mandeb strait and a 75 percent drop in crude transits through the Strait of Hormuz.