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The Liberty Report

As Oil HIts $100, Houthis Open New Front In Iran War

by | Jul 23, 2026

President Trump’s decision to abandon the MOU with Iran and return to open warfare is rapidly backfiring on him, as Brent crude oil has again shot up over $100 per barrel and Yemen’s Houthis have shut down Saudi Arabia’s oil trade. An angry Trump swears revenge on Iran, but the president’s options are extremely limited.

Author

  • Daniel McAdams

    Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.

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