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Oil prices top $100 amid US strikes on Iran, Red Sea tensions

financeJul 24, 20263566

Brent crude topped $100 a barrel as renewed US strikes on Iran and Houthi attacks in the Red Sea raised fears of tighter global supply. The US completed a 13th consecutive night of strikes on Iran while moving special operations forces, weapons, medics and staging jet fighter squadrons across the Middle East to give President Donald Trump broader military options, the Wall Street Journal reported. Yemen’s Houthi fighters declared a Red Sea blockade and struck two Saudi oil tankers, and Kpler data showed just one tanker crossed the Strait of Hormuz on Thursday, New Giant, carrying two million barrels of Iraqi Basrah crude to China’s Rizhao port. Trump warned on social media that damages to ships or cargo would be paid from Iranian funds the US controls and said Iran “hasn’t received enough pain yet” as he weighs larger strikes. Asian equity markets fell and borrowing costs rose after oil surged, with analysts noting oil has gained more than 30 percent this month and benchmark prices moved back to levels last seen in May. Disrupted shipping through both the Strait of Hormuz and the Bab el-Mandeb chokepoint is tightening market sentiment and is prompting elevated military and market alarm over near-term oil flows.

Saul Staniforth
@saulstaniforth.bsky.social

"Oil prices have hit $100 a barrel for the first time since May" In other news Andy Burnham has given Trump permission to keep using UK military bases to bomb Iran.

42Yesterday
Barry Parmegiana1

Burnham is a US puppet.

Quoting this
Barry Parmegiana8

Andy Burnham: "Reducing the cost of living is this govt's absolute priority" Also Andy Burnham: "What's that Donald, you want to make absolutely everything much, much more expensive? Sure, be my guest!"

kazcam.bsky.social2

So much for national Security then! Do they really Not understand why they were losing popularity? Clear Demonstration of why so many will never vote Labour again!Support for war and genocide and authoritarian attitudes to protest, while the climate Crisis is left unaddressed! Plain stupidity!

John Springford
@johnspringford.bsky.social

Guys, a better critique is "this is small beer as oil prices rise back over $100"

12Yesterday
FRANCE 24 English
@en.france24.com

🔴 BREAKING - Middle East live: US launches new strikes on Iran as oil prices skyrocket

1Yesterday
Frederick Deknatel
@freddydeknatel.bsky.social

“The war continuing in the manner that it is playing out right now is their worst-case scenario,” said Dina Esfandiary. “That is because it does not give them the opportunity to rebuild and maintain their image as a haven for stability in an unstable region. It affects their very models.”

221h ago
The Board — Geopolitical Analysis
@geoworldpolitical.bsky.social

Monitor real-time vessel movements and naval activity in the Strait of Hormuz, a key flashpoint for Iran-related nuclear tensions. https://hormuz-tracker.pages.dev/

1Yesterday
Andrew Lorimer
@drew04.bsky.social

Why the global oil market is a bigger mess than you realize MS NOW 9.92M subscribers Jul 24, 2026 #iranwar #oilprices #gasprices @jenpsaki.bsky.social @msnowreports.bsky.social @11thhourmsnow.bsky.social @thebulwark.com @maddow.bsky.social youtu.be/ptVxKFW-sSA

1Yesterday
BYTESEU
@byteseu.bsky.social

Iran-US war latest: Oil prices surge above $100 as Trump weighs broader Iran offensive https://www.byteseu.com/2223060/ US military says it completed 13th night of strikes against Iran Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The …

3Yesterday
FloridaSunJournal
@floridasunjournal.bsky.social

Asian Markets Tumble as Oil Surges Past $100 Amid Middle East Tensions and AI Concerns Asian equity markets posted significant losses Friday following a surge in crude oil prices to levels unseen since May, driven by escalating military tensions in the Middle East that threaten global petroleum…

2Yesterday
OWS Pakistan
@onewindowsolution.bsky.social

Oil has risen to $100, but the energy shock may be bigger than it seems Oil prices have risen more than 30% over the past month to surpass $100 a barrel, as renewed fighting between the United States and Iran in the Middle East threatens global energy supplies. The attacks in the Red Sea also add…

1Yesterday
PunjabKhabarnama
@punjabkhabarnama.bsky.social

West Asia War Updates: International Benchmark Oil Prices Cross $100 per Barrel 24 july 2026 : Punjab Khabarnama Bureau  :  International benchmark crude oil prices have crossed the $100-per-barrel mark amid escalating tensions and military conflict in West Asia, raising concerns about potential…

1Yesterday
acemaxx analytics
@acemaxx.bsky.social

10y Govt bond yields have moved higher as oil prices climbed, with #Brent crude rising from just above $70 a barrel in early July to as high as $101 a barrel on Thursday, chart @financialtimes.com www.ft.com/content/66bf...

Yesterday
nervenetwork.bsky.social
@nervenetwork.bsky.social

"Gulf oil exports have been crippled by Iran’s chokehold on the Strait of Hormuz. A new threat emerged this week with a Red Sea blockade and strikes on shipping by Yemen’s Iran-backed Houthi militia. Tourism in the region has dried up, and investment is under pressure."

21h ago
cma
@cma1973.bsky.social

Bahrain, Kuwait Warplanes Struck Iran in Rare Gulf Retaliation www.wsj.com/world/middle...

21h ago
lizbauch.bsky.social
@lizbauch.bsky.social

WSJ: Bahrain and Kuwait secretly sent jets to attack sites inside Iran, their first such direct retaliation against Tehran and an indication of the difficult position Arab states find themselves in as the war grinds on... gift link: www.wsj.com/world/middle...

21h ago
iran-news.bsky.social
@iran-news.bsky.social

Oil prices rise following Houthi attack in Red Sea https://www.europesays.com/iran/220633/ Oil prices settled above $100 on Thursday for the first time since May after Yemen’s Houthis said they…

Yesterday
3 sources
independent.co.ukIran-US war latest: Oil prices surge above $100 as Trump weighs broader Iran offensivenytimes.comBrent Crude Oil Prices Top $100 as Conflict With Iran Drags On (Gift Article)france24.comMiddle East live: US launches new strikes on Iran as oil prices skyrocket

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