Oil rises above $96 per barrel after Houthi attacks on Saudi ships in Red Sea
The National · 23 Jul 2026

Oil rises above $96 per barrel after Houthi attacks on Saudi ships in Red Sea

Oil prices continued the march towards the $100 per barrel mark on Thursday after Yemen’s Houthi rebels struck Saudi oil tankers in the Red Sea, widening the regional conflict that threatens global trade and energy supply across markets. Brent, the benchmark for more than two-thirds of global oil, r


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