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The Nexus
SECURITYJul 22 · 22:02 UTCBLOOMBERGKanoko Matsuyama and Will Kubzansky

Latest Oil Market News and Analysis for July 23

Oil prices surged following an attack by Iran-backed Houthi militants on two Saudi Arabian tankers in the Red Sea, escalating the Middle East conflict and raising concerns about potential supply disruptions.

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Iran-backed Houthi militantsorganizationSaudi Arabian tankersorganizationRed SeaplaceMiddle East conflicttopicOiltopic
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