strikeJul 23, 2026

Brent Crude Tops US$100 After Red Sea Attacks

Summary

Brent Crude Tops US$100 After Red Sea Attacks Markets Key Facts —The level. Brent crude rose above US$100 a barrel, its first time since May, up about 40% this month. —The trigger. Houthi missile and drone attacks on Saudi oil tankers in the Red Sea, enforcing a declared blockade of Saudi ports. —The wider risk.

Source: Matias Sebastian Lopez — Read the full report

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Sources

Matias Sebastian LopezBy Matias Sebastian Lopez
Brent Crude Tops US$100 After Red Sea Attacks Markets Key Facts —The level. Brent crude rose above US$100 a barrel, its first time since May, up about 40% this month. —The trigger. Houthi missile and drone attacks on Saudi oil tankers in the Red Sea, enforcing a declared blockade…

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