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Brent Over $100 After Houthi Tanker Attacks, Trump Threatens Iran

7/23/2026

30 4 Full Breakdown

Center

Houthi Tanker Attack

Houthi militants attacked two Saudi Arabian oil tankers in the Red Sea on July 23, 2026.
The price surge pushed Brent crude above $100 a barrel, sparking inflation worries and a possible Fed rate hike at the July 29 meeting.
Brent crude settled at $100.71 per barrel, its highest level in two months.
U.S. average gasoline price increased to $4.09 per gallon, the highest since early 2025.

Left

Trump Threatens

Houthi militants attacked two Saudi Arabian oil tankers in the Red Sea on July 23, 2026.
President Donald Trump said he would hold Iran directly responsible for the attacks and warned of major military punishment.
Analysts said the attacks could tighten oil stockpiles and raise gasoline and diesel prices worldwide.
Brent crude rose above $100 a barrel on Thursday, its first breach in two months.

Blindspot

Blindspot

President Donald Trump said he would hold Iran directly responsible for the Houthi attacks on the Saudi oil tankers.
Analysts warned the attacks could further tighten already limited oil stockpiles and raise gasoline and diesel prices for consumers worldwide.
Within this story's sources, this angle appears mainly in Left-leaning coverage and receives less attention in Center-leaning coverage.

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Houthi Tanker Attack

Houthi militants attacked two Saudi Arabian oil tankers in the Red Sea on July 23, 2026.
The price surge pushed Brent crude above $100 a barrel, sparking inflation worries and a possible Fed rate hike at the July 29 meeting.
Brent crude settled at $100.71 per barrel, its highest level in two months.
U.S. average gasoline price increased to $4.09 per gallon, the highest since early 2025.

1 / 3