US-UK attack on Houthis raises fear of impact on oil prices in runup to LS polls
US President Joe Biden warned on Thursday that he would "not hesitate" to take further action if necessary. The US-UK strikes followed "unprecedented" attacks by the Houthis on commercial ships in the Red Sea. "These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation," Biden said of the attacks by air and sea.