The war in Iran has officially expanded into Saudi Arabia and the Red Sea as Yemeni Houthis attacked Saudi tankers avoiding the dangerous Strait of Hormuz and oil prices rose above $100 per barrel Thursday for the first time since early June.
The Iran-allied Houthi attacks followed the U.S. signing a nuclear power agreement with the Saudis on Wednesday to develop a civilian nuclear program in the kingdom—just as the U.S. aims to prevent the Saudis’ Iranian rivals from expanding their nuclear ambitions.
