Business

Oil Crisis Threatens Global Energy Markets

Updated 2026-07-21 17:10 UTC 1 source Negative

The Houthis have escalated threats against Saudi oil facilities, risking millions of barrels of crude that were reaching global markets. This crisis could significantly impact energy prices and supply chains worldwide.

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MarketWatch

An oil lifeline is under threat, and markets have yet to price in the growing crisis

The Houthis escalated threats on Tuesday, risking millions of barrels of Saudi oil that had been reaching energy markets despite the U.S.-Iran war.

2026-07-21 16:54 UTC