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2026July › 23

Oil

2 days ago

Oil prices rise for a fifth day after Yemen's Houthis say they struck Saudi Arabian oil tankers in the Red Sea.
The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.

Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies

The oil price has climbed back above $100 a barrel for the first time in two months, as a…

Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
Brent crude’s rise towards $100 is threatening a prolonged surge in inflation and resetting interest-rate expectations
Yemeni rebels say they used missiles and drones to target the vessels Encelia and Layla
Oil prices rose after U.S. President Donald Trump threatened to bomb Iranian infrastructure in response to any attacks on ships transiting the Strait of Hormuz.

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