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Business/Global
Global Energy Market Impact from Middle East Escalation
MULTIPLE REPORTS·Published ·Updated ·Main source · The Globe and Mail
Story essentials
Donald Trump, Houthi rebels, Saudi Arabia
Red Sea, Strait of Hormuz
July 24, 2026
Original reports
Oil prices fluctuate due to Red Sea and Strait of Hormuz disruptions.
Brent crude remains near US$100 per barrel.
Houthis claim attacks on Saudi tankers; U.S. threatens military response.
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 17/24/2026, 5:00:24 PM
Oil prices fluctuate due to Red Sea and Strait of Hormuz disruptions. Brent crude remains near US$100 per barrel. Houthis claim attacks on Saudi tankers; U.S. threatens military response.