U.S. President Donald Trump said he hoped the war against Iran was nearing an end as the seven-month conflict widened into Yemen, where Saudi aircraft struck Houthi positions and the Iran-backed group launched drones and missiles at Saudi cities. Houthi advances along the Red Sea, attacks that damaged Saudi Arabia’s East-West oil pipeline and disruption to shipping through the Strait of Hormuz have increased risks to global energy supplies. The strait carried about 20% of global oil and LNG before the conflict, while traders said a prolonged pipeline shutdown could remove as much as 4% of global oil supply. Brent crude hovered near $108 a barrel on Wednesday, and U.S. diesel prices exceeded $6.30 a gallon for the first time. Prices eased early Thursday after reports that Saudi Arabia offered additional crude cargoes through Oman. Trump said Iran wanted a deal and that he had heard from Tehran directly. Axios reported that Trump was expected to meet Gulf Cooperation Council leaders or foreign ministers during the U.N. General Assembly on Tuesday, although the State Department and White House did not comment. The conflict’s energy-price impact has become a major issue for Trump’s Republican Party ahead of the November midterm elections.