Why it matters: The strikes hit Saudi export routes as Hormuz traffic remains near a halt, tightening pressure on global oil supply.
Earlier: Saudi strikes hit Hodeidah after Houthi attacks on Red Sea tankersSeries: Saudi Arabia · Houthi Red Sea Escalation · 8 chapters since Jul 22Why it matters: Iran struck U.S. targets in Bahrain and Jordan, while oil swung from above $100 to below $92 on hopes for talks.
Why it matters: Reuters reported Pakistani mediation raised hopes of talks, helping lift stocks and ease oil prices.
Why it matters: Disruption at Hormuz and Bab el-Mandeb now threatens roughly a quarter of global oil supply.
Why it matters: Higher energy prices are reviving inflation fears, pushing the 10-year Treasury yield above 4.7% and pressuring equities.
Why it matters: Higher fuel costs are pushing US gasoline back above $4 a gallon and could complicate central banks' inflation fight.
Why it matters: Higher oil and bond yields are reviving inflation fears and pushing US gasoline prices back above $4 a gallon.
Why it matters: The attacks pushed Brent crude above $100 and deepened risks to shipping through the Bab el-Mandeb.
What's next: Trump warned of major US military punishment if the Houthis attack Saudi ships again.
Why it matters: Higher fuel costs are pushing US gas above $4 a gallon and raising fresh inflation risks for central banks.
Why it matters: The attacks widened shipping disruption from the Red Sea to Hormuz, pushing Brent to $100.69 and WTI to $92.19.
Why it matters: Rising oil and Treasury yields pushed the S&P 500 toward its biggest drop in a month as traders priced in stagflation risks.
Why it matters: Saudi crude tankers turned back in the Red Sea, raising shipping costs as US gasoline hit $4.06 and diesel jumped to $5.13.
Why it matters: Three Saudi crude tankers turned back in the Red Sea, while US gasoline averaged $4.06 and diesel hit $5.13 a gallon.
Why it matters: Higher crude and diesel costs are already lifting US fuel prices, with gasoline averaging $4.06 a gallon and diesel at $5.13.
Why it matters: Any disruption at Bab el-Mandeb would add to risks for oil and cargo routes already strained by Houthi attacks.
Why it matters: Near-stalled tanker traffic and Red Sea threats put millions of barrels a day of supply at risk.
Why it matters: The strait carries about 12% of global trade, and Saudi has been routing more oil exports through the Red Sea.
Series: Houthi · Saudi Yemen Escalation · 3 chapters since Jul 14Why it matters: tanker reroutings in the Red Sea and blocked Hormuz traffic are tightening fuel supplies from US pumps to Asian crude shipments.
Why it matters: Traders are weighing higher energy costs against soft US data and the risk of further Federal Reserve tightening.
Why it matters: Brent settled at $88.10 and both crude benchmarks gained about 16% for the week as tanker traffic faced new risks.
Why it matters: Brent settled at $88.10 and WTI at $82.49 as tanker traffic through Hormuz slowed and a Red Sea disruption risk grew.
What's new: Brent settled at $89.22 and U.S. crude at $83.23 after tanker traffic through the Strait of Hormuz fell sharply.
Why it matters: About one-fifth of global oil trade normally moves through the strait, and tanker traffic has already thinned.
Why it matters: Brent settled at $88.10 and both crude benchmarks posted weekly gains of about 16% as tanker risks mounted.
What's new: Brent climbed nearly 12% for the week as tanker traffic through the strait fell by about 4.6 million barrels a day.
Why it matters: Brent ended at $88.10 and WTI at $82.49 after both benchmarks surged about 16% for the week.
What's new: Brent and WTI are both up about 12% this week as traders weigh risks to two key oil export routes.
Why it matters: Brent closed at $88.10 and WTI at $82.49, with both benchmarks up about 16% for the week.
What's new: Brent was up nearly 12% for the week, with risks spreading beyond Hormuz to a possible Red Sea disruption.
Why it matters: Brent traded above $85 and the IEA warned prolonged disruption around Hormuz and the Red Sea could tighten global supply.
Why it matters: A renewed threat on the Red Sea route could deepen shipping and energy disruption as the Strait of Hormuz remains shut.
Series: Israel · Iran Missile Retaliation · 6 chapters since Jun 8