The Guardian theguardian.com 2026-07-23 13:37

Oil passes $100 a barrel again and shares slide as Middle East conflict escalates

Sharp rise in oil price reflects fears Houthi militias could strangle Saudi exports as US-Iran fighting intensifiesHow the Bab al-Mandab blockade threat pushed oil back above $100The oil price broke above $100 a barrel for the first time in two months as a fresh escalation of the

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