Crypto
23 Jul 2026, 12:00Oil Prices Climb Toward $100 as Red Sea Risks Rise
Oil Prices Climb Toward $100 as Red Sea Risks Rise By Tsvetana Paraskova - Jul 23, 2026, 4:02 AM CDT Brent crude rose above $98 per barrel while WTI a
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Oil Prices Climb Toward $100 as Red Sea Risks Rise By Tsvetana Paraskova - Jul 23, 2026, 4:02 AM CDT Brent crude rose above $98 per barrel while WTI approached $90 as geopolitical tensions intensified. Houthi forces claimed attacks on two Saudi oil tankers, prompting some vessels to avoid the Bab el-Mandeb Strait. Markets are increasingly pricing in the risk of supply disruptions after oil gained nearly 20% in roughly two weeks.
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