Home / BusinessBloombergBusinessBloomberg·Jul 23, 2026·1 min readLatest Oil Market News and Analysis for July 24Oil headed for a weekly surge after Houthi attacks on tankers in the Red Sea opened a new front in the Middle East conflict, while President Donald Trump threatened to extend US strikes on Iran.View original source — Bloomberg ↗ShareCopy linkShare on XShare on FacebookRelated storiesThe PunchBusinessJul 24, 2026 · 1 minCrude crosses $100 as Red Sea tensions disrupt suppliesThe PunchThe PunchBusinessJul 23, 2026 · 1 minEFCC equipped to tackle emerging financial crimes – OlukoyedeThe PunchBBCBusinessJul 23, 2026 · 1 minUK complacent about war threat, warns defence bossBBCCNABusinessJul 23, 2026 · 1 minAI boom raises stakes ahead of South Korea court ruling on SK chairman divorce payoutCNA
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