Brent drops more than 7% as US pauses Iran strikes
Why it matters: The pullback eased fears of a wider oil shock, though Brent is still up more than 25% in July.
Series: United States · Iran War Escalation · 12 chapters since Jul 19Subject
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Houthi attacks on Saudi oil routes deepen Red Sea war risks
Why it matters: The strikes hit Saudi export routes as Hormuz traffic remains near a halt, tightening pressure on global oil supply.
Series: Saudi Arabia · Houthi Red Sea Escalation · 8 chapters since Jul 22Houthis threaten Saudi sea blockade as Red Sea oil route comes under strain
Why it matters: Bab el-Mandeb carried 7.4 million barrels a day in June, making it a key fallback route after Hormuz disruptions.
Oil jumps 4.6% as US-Iran attacks threaten Hormuz and Red Sea
Why it matters: Brent settled at $88.10 and both crude benchmarks gained about 16% for the week as tanker traffic faced new risks.
Iran launches ballistic missile at U.S. base in Saudi Arabia
It is the first direct Iranian strike on Saudi territory in four months, following the end of seven nights of U.S. military operations in Iran.
CNN Indonesia, Republika +3
Oil jumps 4.5% as US-Iran strikes threaten Hormuz and Red Sea flows
Why it matters: Brent closed at $88.10 and WTI at $82.49, with both benchmarks up about 16% for the week.
Houthis ban Israeli shipping in Red Sea after missile attack
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