Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump threatening to destroy Iran's main export terminal, and after the entry of Yemen's Houthi rebels

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump's threat to destroy Iran's main export terminal, and after the entry of Yemen's Houthi rebels

U.S. President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, potentially including desalination plants that supply drinking water,

Oil prices jumped Monday morning after President Donald Trump threatened to blow up Iran’s power plants, oil wells and oil-export hub Kharg Island “if for any reason a deal is not shortly reached” to end the war and reopen the Strait of Hormuz trade route.

President Donald Trump threatens to invade Iran as the war continues, and oil prices soar. CBS News' Bradley Blackburn has the latest.

U.S. President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, including desalination plants, if a deal to end the war with Tehran is not reached “shortly.

The president claims the US is having “serious discussions” with a “new and more reasonable regime in Tehran.”

US President Donald Trump repeated threats to destroy Iranian energy assets if the Strait of Hormuz isn’t reopened soon, raising fears of a further escalation amid soaring energy prices and a mounting economic toll from the war.