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Oil hits six-week high on Red Sea tanker attacks

By CityCalc Newsroom · Thu Jul 23 2026 · Source: AGBI

Oil prices hit a new six-week high in early Thursday trade as the US continued strikes on Iran and Yemen’s Houthis attacked two Saudi tankers in the Red Sea. Brent crude futures rose $2 to $96 a barrel, the highest level since June 8.

Oil prices hit a new six-week high in early Thursday trade as the US continued strikes on Iran and Yemen’s Houthis attacked two Saudi tankers in the Red Sea. Brent crude futures rose $2 to $96 a barrel, the highest level since June 8.

Curated by CityCalc from AGBI. Read the full article at the source.

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