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Trump Blames Houthis for Oil Price Spike Ahead of Midterms

President Donald Trump accuses Iran-backed Houthi fighters of deliberately pushing up oil prices to influence the 2026 U.S. midterm elections, warning of retaliation and suggesting Turkish involvement while citing casualties and regional escalation.

Trump Blames Houthis for Oil Price Spike Ahead of Midterms
Author
Democracy News Live Desk
Date
14 Oct 2026
Read
3 min
A voter at the pump hears a familiar accusation

As Americans prepared to head to the polls in the 2026 midterm elections, President Donald Trump pointed a finger at the Houthi movement in Yemen, saying the group was trying to drive up oil prices at a moment when energy costs could sway voters.

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Trump warns of possible retaliation

Beyond the accusation, Trump warned that the United States might respond with retaliation if the Houthis continued their campaign. Trump warned of potential retaliation if the Houthis continued their attacks.

Ankara offered as a possible partner

Trump also floated the idea of bringing Turkey into the equation, suggesting that Turkish President Erdogan could be enlisted to support Saudi interests. He later added that he believed Erdogan would comply with his requests, hinting at a coordinated effort to counter the Houthis.

In response to the Houthi advance, a Saudi‑led coalition intervened in Yemen in 2015 to prop up the internationally recognized government.

Oil markets jitter over shipping threats

The president’s remarks came amid growing anxiety that Houthi attacks on Saudi infrastructure could disrupt global oil supplies and choke key shipping routes. He warned that such disruptions threatened to push energy prices higher, a scenario that would reverberate far beyond the Arabian Peninsula.

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9:33 AM · 14 Oct 2026
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"Very badly" becomes a refrain

Trump repeatedly characterized the Houthis’ actions as "very badly," a phrase he used to condemn their attacks on Saudi Arabia. The wording appeared in multiple statements, underscoring his frustration with the group’s conduct.

A territorial foothold since 2014

The briefing noted that the Houthis have controlled parts of Yemen since 2014, establishing a durable presence that has allowed them to launch sustained operations against the Saudi‑backed government and its allies.

Saudi‑led coalition steps in

In response to the Houthi advance, a Saudi‑led coalition intervened in Yemen in 2015 to prop up the internationally recognized government. The Saudi-led coalition intervened in 2015 to support the government.

Coverage
Election‑timing motive alleged

Trump insisted that the Houthis were not merely acting out of local grievances but were deliberately trying to drive up oil prices to influence the U.S. midterm elections. He linked the timing of the attacks to the electoral calendar as a strategic calculation.

Future actions hinted

The president warned that he would consider future actions against the Houthis if they persisted. Trump warned that he would consider future actions against the Houthis if they persisted.

Erdogan’s expected compliance

In a separate comment, Trump said he believed President Erdogan would do as he asked, reinforcing the notion that Turkey could be persuaded to align with U.S. and Saudi objectives in the region.

"Very nasty way" describes the strikes

Trump described the Houthi strikes on Saudi Arabia as being carried out "in a very nasty way," emphasizing the brutality and effectiveness of the group’s recent offensive.

Emerging again at Iran’s behest

He further claimed that the Houthis had "emerged again" after a long silence and that this resurgence was "probably at the behest of Iran." The accusation tied the group’s actions directly to Iranian direction.

Landslide victory claim

Amid the foreign‑policy remarks, Trump reiterated his belief that he had already won the elections in a massive landslide, stating that he would be there after the vote and would never forget the moment.

Casualties mount

The briefing supplied concrete numbers from the latest Houthi attacks: 13 people were killed and 300 were wounded, giving a human toll to the escalating violence.

Dawn of Yemen begins

On October 13, 2026, Yemeni government forces launched the "Dawn of Yemen" operation, a major offensive aimed at pushing back Houthi advances on multiple fronts.

US‑Iran tensions flare

The same day, reports noted a simultaneous US‑Iran conflict and a broader US‑Iran war, indicating that the regional confrontation was intensifying on multiple fronts.

Formal accusation follows

Finally, on October 14, 2026, Trump formally accused the Houthis of trying to drive up oil prices, bringing his earlier allegations into a explicit statement timed just after the flurry of battlefield developments.

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