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Oil prices surge toward triple digits after Red Sea attacks

Oil prices are climbing towards triple digits as Brent crude jumps over 5% to nearly $99 per barrel. The escalation follows attacks by Houthi rebels on Saudi oil tankers, raising concerns about global supply and inflation.

NBC News· Jul 23, 2026 · 1:19 PM · 804 views

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Oil prices are climbing towards triple digits as Brent crude jumps over 5% to nearly $99 per barrel. The escalation follows attacks by Houthi rebels on Saudi oil tankers, raising concerns about global supply and inflation. Full story and more reels: https://newsreel.video #news #breaking #oilprices #inflation #MiddleEast

Originally reported by NBC News. Read the full story →

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