Business
Red Sea Tanker Attacks Push Oil Above $96 a Barrel
Houthi claims against two Saudi tankers have exposed the weakness in plans to bypass Hormuz, sending Brent higher as two vital shipping routes face risk.
Jul 23, 2026
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17 stories for“brent crude saudi attack”
Business
OPEC+ Seven Hold November Oil Output Steady as the Closed Strait of Hormuz Keeps Brent Above $100
Saudi Arabia, Russia and five other members agreed on Sunday to leave production unchanged for November and to meet again on 1 November, two days after the G7 announced its own emergency oil release.
Oct 4, 2026
Business
The Gulf Was Forecast a Terrible Year. Brent Is at 84 Dollars
Early in the conflict the projections ran to 150 dollar oil and contracting Gulf economies. Halfway through August the numbers are less dramatic and more interesting than either the panic or the relief.
Aug 16, 2026
Business
Nasdaq Ends Its Worst Week Since June as Chip Stocks Slide and Oil Climbs Toward $110
The Nasdaq lost 4.5 percent over five days and the S&P 500 1.9 percent, while Brent touched its highest settle since May and the market's fear gauge jumped above 22.
Oct 18, 2026
Business
Nasdaq Jumps 1.05% as SpaceX and Super Micro Revive the AI Trade While Netflix and AT&T Slide
Tech led Wall Street higher on Wednesday after SpaceX posted its first public-company profit and Super Micro lifted its forecast, with Tesla and Meta still to report after the bell.
Oct 22, 2026
Business
The Strait of Hormuz Has Been Shut for Almost Six Months. Oil Is at $93, Not $200, and That Gap Is the Story.
A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026
