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At close · Tue, Aug 4, 2026
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Home›Commodities›Energy›Oil prices rise after Houthis claim tanker strike in R…

Oil prices rise after Houthis claim tanker strike in Red Sea

Crude gained after Yemen's Iran-backed Houthis said they struck a Saudi Arabian oil tanker, renewing concerns about disruptions in a key shipping lane.

Reported · Written up by our desk · Energy

Oil prices climbed on Wednesday as reports about Middle East shipping risk increased. CNBC Markets said crude rose after Yemen's Iran-backed Houthis claimed they struck a Saudi Arabian oil tanker in the Red Sea.

The move underscores how tanker attack claims can quickly change expectations for supply risks along major maritime routes.

Latest closeWTI crude $75.32 ▼6.2%

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Sources

CNBC MarketsOil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike
CNBC WorldOil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike

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