The U.S. military carried out a 13th straight night of airstrikes on Iran as tensions in the Middle East continued to escalate.

President Donald Trump warned Iran and the Houthi rebels of severe military consequences if attacks on Saudi vessels in the Red Sea continue.

The U.S. is also increasing its military presence in the region by deploying more aircraft, bombers, and medical personnel.

Although the Pentagon says the Strait of Hormuz remains open, shipping traffic has slowed significantly, CBS News has reported.

The disruption has driven global oil prices above $100 per barrel for the first time in more than two months.