Red Sea Attacks

Energy, Oil & Gas Finance & Capital Market

Oil at $100 on Red Sea attacks rattles markets, says expert

Thu, 23 Jul 2026

Oil topping $100 amid Red Sea attacks is rattling markets, affirms the CEO of a top independent financial advisory organisation. Brent crude touched $100.64 a barrel on Thursday, a jump of 7%, while US crude rose to $91.83, up 5.8% after Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea