World

Oil Prices Rise Amid Houthi Blockade

Updated 2026-07-24 03:55 UTC 1 source Negative

Oil prices are soaring due to ongoing attacks by the Houthi group on Red Sea tankers, which are disrupting Saudi crude shipments. Analysts suggest that while there is concern, the impact on supply remains uncertain.

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Al Jazeera
Houthi attacks for now are shaping who moves Saudi crude, not whether it moves, analysts say, even as oil prices soar.
2026-07-24 03:34 UTC
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