Latest Oil Market News and Analysis for July 24
Oil headed for a weekly surge after Houthi attacks on tankers in the Red Sea opened a new front in the Middle East conflict, while President Donald Trump threatened to extend US strikes on Iran.
Story updates
10:24:07 PM UTC
SquawkNews
Oil surged past $100 a barrel for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi Arabian tankers in the Red Sea, opening a new front in the Middle East conflict and threatening deeper supply disruptions.
Oil surged past $100 a barrel for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi Arabian tankers in the Red Sea, opening a new front in the Middle East conflict and threatening deeper supply disruptions.