Events Archive
strikeJul 25, 2026
US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts
Summary
US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts Brent crude surged 27% over two weeks to settle at $96.78 a barrel on Friday, briefly breaching $100 this past week as traders priced in a higher war-risk premium into energy markets amid simultaneous chokepoint threats to the Strait of Hormuz and…
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USIranProxyChina
Sources
- Tyler DurdenBy Tyler Durden
US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts Brent crude surged 27% over two weeks to settle at $96.78 a barrel on Friday, briefly breaching $100 this past week as traders priced in a higher war-risk premium into energy markets amid simultane…
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