Under former President Joe Biden, the U.S. and the United Kingdom began a series of airstrikes against the Houthis starting in January 2024. A December report by The International Institute for Strategic Studies said the U.S. and its partners struck the Houthis over 260 times up to that point.

President Donald Trump attributed the strikes to ongoing Houthi attacks on the Suez Canal that have persisted for 18 months. In a stern warning, he said, “Hell will rain down upon

C AIRO — Iran on Sunday once again denied aiding Yemen's Houthi rebels after the United States launched a wave of airstrikes against them and President Donald Trump warned that Tehran would be held “fully accountable” for their actions.

Oil prices rose slightly on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping, while Chinese economic data buoyed hopes for higher demand.

Oil futures climbed on Monday, finding support after the U.S. over the weekend launched U.S. strikes on Houthi rebels in Yemen, raising the risk of disruptions to oil flow in the region.

Oil prices were up nearly 1 per cent on Monday after the US bombed Yemen's Houthis for a second night, warning of an “unrelenting” attack on the militant group, and as China announced stimulus plans to boost its tepid economy.