Tehran's Proxy Wars Come Home to Roost The latest round of skirmishes between Iranian backed Houthis and Saudi oil tankers in the Red Sea has pushed Brent crude prices above $100 a barrel, marking the first time since May that the benchmark price has exceeded this threshold.
This development is more than just an economic indicator; it's a stark reminder that Tehran's proxy wars are coming home to roost.
The war in Yemen has been raging for five months, with thousands killed and hundreds of thousands displaced.