The world market price of oil theme
Anyone seen any Mexican dish name suggestions to describe the Houthi rebels' introduction of a naval blockade against Saudi Arabia?
Oil over $100 a barrel. For the first time since May, a barrel of Brent oil now costs over $100. Increased concern over the situation in the Iran conflict is behind this.
Since the beginning of July, when oil was around $70 a barrel, the price has gradually risen and now reaches the highest level in several months. The increase comes after the Iran-backed Houthi movement carried out attacks on two Saudi tankers. This has also led President Donald Trump to issue new threats against Iran and point out that Iran should be held responsible for the attacks. See the article on SVT News.
Trump: Iran will be held responsible for Houthi attacks. US President Donald Trump writes on the platform Truth Social that he will hold Iran accountable for attacks by Yemen's Iran-allied Houthi rebels.
On Monday, the Houthis said they are imposing a naval blockade on Saudi Arabia. The Houthis also claim to have carried out attacks on two Saudi tankers on Thursday night. See the report on SVT News.