US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts
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Source: Zero Hedge
Published: 2026-07-25 22:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Elections, War & Conflict
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Snippet:
Brent crude surged 27% over two weeks to settle at $96.78 a barrel on Friday, briefly breaching $100 this past week as traders priced in a higher war-risk premium into energy markets amid simultaneous chokepoint threats to the Strait of Hormuz and the southern Red Sea.
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