The price of Brent crude, now up about 40 percent this month, surged Thursday after Iran’s Houthi allies in Yemen claimed strikes on Saudi tankers.

Some lawmakers appeared frustrated as they sought clarity on the Trump administration’s strategy for the conflict amid renewed hostilities and a $67 billion funding request.

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Dena Karari had been trapped in Iran since December 2024, her attorney said. Several other Americans are believed to still be in Iranian custody.

As European markets fell and oil prices hit a one-month high, President Donald Trump declared on Truth Social that the strait “is open to ALL Ship traffic except for Iran.”

For a second straight day, the U.S. military attacked Iranian targets overnight and Iran struck back, targeting U.S. bases in Bahrain and Kuwait.

Iran said it had targeted more than 80 U.S. military facilities in Bahrain and Kuwait, after the U.S. launched strikes in response to attacks on commercial ships in the Strait of Hormuz.