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Saudi oil tanker attack raises energy prices amid US-Iran tensions

A Saudi oil tanker was attacked by Houthi forces, causing Brent crude prices to surge above $93 per barrel. President Trump's threats against Iran further heighten market volatility in energy sectors amid ongoing US military actions.

after close1 source ↓written by the desknot a recommendation

in after-hours trading
$95

A Saudi oil tanker was struck by a Houthi missile near Yemen, igniting flames in the Red Sea. This incident coincides with President Trump's threats to bomb Iranian infrastructure if attacks on commercial shipping persist. As a result, Brent crude surged above $93 per barrel, briefly hitting $95 in after-hours trading, signaling heightened volatility in energy markets. ⚡

• US forces have conducted strikes on Iranian military assets for the 12th consecutive night.

• CENTCOM aims to degrade Iran's capabilities to threaten maritime safety.

Traders should monitor energy prices closely as geopolitical tensions escalate.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Jul 2026, 16:09 IST.

Sourcesnews.google.com

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