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Business

Middle East: Oil surges as Gulf tensions escalate

France 24

BusinessFrance 24·Jul 24, 2026·1 min read

Middle East: Oil surges as Gulf tensions escalate

Yemen’s Iran-backed Houthi rebels say they attacked two Saudi oil tankers in the Red Sea on Thursday, marking their first reported strike on a vessel since announcing a blockade of Saudi-linked shipping through the Bab el-Mandeb Strait…

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