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Oil prices top $100 amid US strikes on Iran, Red Sea tensions

financeJul 24, 20263054

Brent crude topped $100 a barrel as new US strikes on Iran and Houthi attacks in the Red Sea stoked supply fears, pushing global markets lower. The United States completed a 13th consecutive night of strikes on Iran while deploying special operations forces, weapons and medics to the Middle East, the Wall Street Journal reported, and squadrons of fighters and bomber crews have been staged across the region. Yemen’s Houthi fighters struck two Saudi oil tankers in the Red Sea and announced a Red Sea blockade, and US president Donald Trump warned on social media that Iran would be held responsible and threatened "major military punishment." Analytics firm Kpler said tanker crossings of the Strait of Hormuz fell to just one on Thursday, the lowest since 7 May, when the very large crude carrier New Giant exited with about two million barrels of Iraqi Basrah crude bound for China on 23 July. Reuters sources told outlets that Iran flew Revolutionary Guard commanders, advisers and missile and drone equipment into Yemen before the Houthi blockade, a claim the Houthis dismissed. Asian stocks fell after a US market sell-off tied to rising oil, higher borrowing costs and technology sector worries, and 10-year government bond yields moved higher as oil climbed from just above $70 in early July to around $101 on Thursday. The spike to $100 increases the immediate risk of wider shipping disruptions and further market volatility as policymakers and traders weigh military escalation against supply constraints.

Saul Staniforth
@saulstaniforth.bsky.social

"Oil prices have hit $100 a barrel for the first time since May" In other news Andy Burnham has given Trump permission to keep using UK military bases to bomb Iran.

343h ago
Barry Parmegiana1

Burnham is a US puppet.

Quoting this
Barry Parmegiana8

Andy Burnham: "Reducing the cost of living is this govt's absolute priority" Also Andy Burnham: "What's that Donald, you want to make absolutely everything much, much more expensive? Sure, be my guest!"

kazcam.bsky.social2

So much for national Security then! Do they really Not understand why they were losing popularity? Clear Demonstration of why so many will never vote Labour again!Support for war and genocide and authoritarian attitudes to protest, while the climate Crisis is left unaddressed! Plain stupidity!

John Springford
@johnspringford.bsky.social

Guys, a better critique is "this is small beer as oil prices rise back over $100"

112h ago
FRANCE 24 English
@en.france24.com

🔴 BREAKING - Middle East live: US launches new strikes on Iran as oil prices skyrocket

12h ago
The Board — Geopolitical Analysis
@geoworldpolitical.bsky.social

Monitor real-time vessel movements and naval activity in the Strait of Hormuz, a key flashpoint for Iran-related nuclear tensions. https://hormuz-tracker.pages.dev/

12h ago
Andrew Lorimer
@drew04.bsky.social

Why the global oil market is a bigger mess than you realize MS NOW 9.92M subscribers Jul 24, 2026 #iranwar #oilprices #gasprices @jenpsaki.bsky.social @msnowreports.bsky.social @11thhourmsnow.bsky.social @thebulwark.com @maddow.bsky.social youtu.be/ptVxKFW-sSA

12h ago
FloridaSunJournal
@floridasunjournal.bsky.social

Asian Markets Tumble as Oil Surges Past $100 Amid Middle East Tensions and AI Concerns Asian equity markets posted significant losses Friday following a surge in crude oil prices to levels unseen since May, driven by escalating military tensions in the Middle East that threaten global petroleum…

22h ago
Climate, Ecology, War & More - Dr Glen Barry BigEarthData.ai
@bigearthdata.ai

Iran-US war latest: Oil prices surge above $100 as Trump weighs broader Iran offensive ->The Independent | More on "Iran-US war oil prices" at BigEarthData.ai | #Iran

23h ago
OWS Pakistan
@onewindowsolution.bsky.social

Oil has risen to $100, but the energy shock may be bigger than it seems Oil prices have risen more than 30% over the past month to surpass $100 a barrel, as renewed fighting between the United States and Iran in the Middle East threatens global energy supplies. The attacks in the Red Sea also add…

12h ago
PunjabKhabarnama
@punjabkhabarnama.bsky.social

West Asia War Updates: International Benchmark Oil Prices Cross $100 per Barrel 24 july 2026 : Punjab Khabarnama Bureau  :  International benchmark crude oil prices have crossed the $100-per-barrel mark amid escalating tensions and military conflict in West Asia, raising concerns about potential…

13h ago
acemaxx analytics
@acemaxx.bsky.social

10y Govt bond yields have moved higher as oil prices climbed, with #Brent crude rising from just above $70 a barrel in early July to as high as $101 a barrel on Thursday, chart @financialtimes.com www.ft.com/content/66bf...

2h ago
iran-news.bsky.social
@iran-news.bsky.social

Oil prices rise following Houthi attack in Red Sea https://www.europesays.com/iran/220633/ Oil prices settled above $100 on Thursday for the first time since May after Yemen’s Houthis said they…

3h ago
EvoCentral
@evocentral.bsky.social

WORLD: Oil prices surge past $100/barrel as Yemen's Houthis enforce Red Sea blockade #OilPrices #RedSea #Houthis

3h ago
News Ticker
@headline-feed.bsky.social

[NYT] BRENT CRUDE OIL PRICES TOP $100 AS CONFLICT WITH IRAN DRAGS ON

3h ago
Project Push
@project-push.tk.gg

The world in brief Trump unveils new tariffs, oil prices surge and why India’s young cockroaches will not easily be crushed via The Economist

3h ago
calibre68.bsky.social
@calibre68.bsky.social

And as a direct result of Trump not knowing how to conduct a mission, you see oil prices spiking. Strategic petroleum reserves across the globe are getting low. It’s basic economics. Supply and demand. And you would have thought that Trump would have taken these courses in business school.

3h ago
3 sources
independent.co.ukIran-US war latest: Oil prices surge above $100 as Trump weighs broader Iran offensivenytimes.comBrent Crude Oil Prices Top $100 as Conflict With Iran Drags On (Gift Article)france24.comMiddle East live: US launches new strikes on Iran as oil prices skyrocket

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