Oil Prices Rise Above $100 as Houthi Attacks Raise Concerns Over Strait of Hormuz

Brent crude oil prices climbed above $100 a barrel for the first time in two months due to attacks on Saudi tankers by Iran-backed Houthi forces. The incidents have heightened tensions and reignited fears over disruptions at the strategic Strait of Hormuz.

By Jason Capul, SA News Editor · Seeking Alpha · July 23, 2026, 14:56 UTC

Topics: geopolitical conflict oil prices Red Sea attacks

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