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The Nexus
SECURITYJul 23 · 13:40 UTCQUARTZCris Tolomia

Brent crude surges past $100 as Houthis strike Saudi tankers in the Red Sea

Brent crude oil prices surged past $100 due to a significant single-day jump, driven by Houthi attacks on Saudi tankers in the Red Sea. The Houthi naval blockade expanded beyond the Strait of Hormuz for the first time, escalating regional tensions.

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