SECURITYJul 30 · 15:11 UTCSEMAFORTim McDonnell

Oil prices hold steady as Iran war expands

Oil prices remained stable despite renewed US-Iran attacks and a drone strike in Egypt that damaged two ships. Shipping through the Strait of Hormuz and Bab el-Mandeb is severely disrupted, with Qatar scrambling to secure LNG supplies and the Houthis considering transit fees.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

United StatesplaceIranplaceEgyptplaceDamiettaplaceStrait of HormuzplaceQatarplaceRiyadhplaceHouthisorganizationBab el-MandebplaceThe New York TimesorganizationUS-owned gas storage tankerorganizationGreek-operated LNG carrierorganization

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