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Brent Crude Hits $100 Per Barrel Amid Iran-US Tensions Over Houthi Attacks on July 23

2026-07-23 17:30:38

According to Yonhapinfomax, Brent crude oil for September delivery surged above $100 per barrel on July 23 as Houthi militants attacked Saudi shipping in the Red Sea. Iranian Parliament Speaker Mohammad Baqer Ghalibaf responded to U.S. pressure with a mocking post on X, stating that Tehran's strategy had earned Washington 'three-digit oil prices' as punishment. U.S. President Donald Trump countered on Truth Social, warning that if Houthi attacks continued, the U.S. would hold Iran responsible and deploy 'massive military punishment' against both Iran and the militants.

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