Brent at $100 Changes the Equation
The Market Screener · Jul 23, 2026 · 4:49
The Market Screener · Jul 23, 2026 · 4:49
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Brent crude is once again flirting with $100 a barrel, and this time the threat is coming from both ends of the oil trade's most important corridor. Iran has already turned the Strait of Hormuz into a dangerous and unreliable passage. Now the Houthis are trying to do the same at Bab el-Mandeb, the narrow gateway linking the Red Sea to the Gulf of Aden.
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