Daily Market Updates: Oil edges toward $100 after Houthi claim of Red Sea strikes

Commodities

Home›Commodities›Energy›Oil edges toward $100 after Houthi claim of Red Sea st…

Oil edges toward $100 after Houthi claim of Red Sea strikes

Brent crude was quoted above $98 a barrel after the rebel group claimed attacks on Saudi Arabian tankers in the Red Sea, lifting prices near the $100 level.

Reported · Written up by our desk · Energy

Oil prices moved closer to $100 a barrel after a report that the Houthi rebels claimed strikes on vessels in the Red Sea, MarketWatch reported.

Brent crude rose to more than $98 a barrel following the news, adding to upward pressure in energy markets as the incident circulated.

Latest closeWTI crude $83.42 ▲1.6%|Brent $89.26 ▲1.8%

← Newer storyBitcoin rises after updated CLARITY Act text, analysts see limited im…Older story →Malaysia investigates Maxis after influencer’s telecom data is leaked

More like this

CommoditiesU.S. crude inventories jump 17.4 million barrels, EIA data shows

CommoditiesUkraine suspends drone attacks on Novorossiysk oil tankers

CommoditiesU.S. natural gas production forecast set to hit a new 2026 record

CommoditiesIran centralizes military command in leadership reshuffle

CommoditiesIndian refiners seek 6 million barrels of spot crude as deliveries tighten

Sources

MarketWatchOil nears $100 a barrel after Houthis claim strikes on Saudi Arabian tankers

Commodities

Oil edges toward $100 after Houthi claim of Red Sea strikes

More like this

Sources

Get the close, explained.