Why gains by Iran-backed Houthis in Yemen could push gas prices even higher
A Houthi advance along Yemen's Red Sea coast could help push gas prices up even more as the Iran-backed group also launches attacks on Saudi Arabia's oil facilities.
A Houthi advance along Yemen's Red Sea coast could help push gas prices up even more as the Iran-backed group also launches attacks on Saudi Arabia's oil facilities.
The U.S. military destroyed five Iranian oil tankers Tuesday and Iran struck back, targeting U.S. troops in Jordan.
U.S. bases in the Gulf face an unclear future after being pounded in war with Iran.
Treasury Secretary Scott Bessent says President Trump has been speaking with world leaders to urge them to join the U.S. in crippling Iran's economy, as Tehran strikes a defiant tone at the threats.
As President Trump tries to disengage from the war he launched on Iran, Gulf allies worry about their own future with their powerful neighbor.
The Iran war is putting Gulf countries in a bind. They want the U.S. as a security partner, but they also have to live with Iran as a neighbor.