MAEXO
geopoliticsbullishWTIPublished Aug 3, 2026, 6:17 AM

Oil prices surge past $100 amid Red Sea and Hormuz tensions

Oil prices surge past $100 amid Red Sea and Hormuz tensions
Oil surged over $100 as Houthi attacks on Saudi tankers and US-Iran conflict threaten key shipping routes, boosting defense stocks and safe-haven demand.

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