Iran's Houthi proxies in Yemen have escalated attacks on oil tankers, driving prices above $100 a barrel and targeting a crucial global shipping lane. This move is seen as a strategic play by Tehran to exert economic pressure on President Trump, particularly as the November elections approach.

The Houthis, described as a "wholly-owned subsidiary of Tehran," claim to have targeted Saudi oil tankers. However, the article suggests this is not merely an act in their ongoing conflict but a calculated effort to exploit President Trump's sensitivity to rising energy costs.

By disrupting oil shipments and contributing to higher prices, Iran aims to make the economic situation more politically challenging for Mr. Trump. The timing suggests Tehran is betting that the rising cost of oil will negatively impact Trump's re-election prospects, potentially leading him to make concessions.