Red Sea shutdown risk looms as US-Iran tensions threaten to send oil prices even higher
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Source: South China Morning Post
Published: 2026-07-17 22:00 UTC+10:00
Section: Guotai Junan Futures
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, World News, Business & Economy
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Snippet:
Tehran puts Houthi militants on notice to close critical shipping lanes, threatening a fresh supply shock as Brent crude notches 21 per cent rally since early July
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