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Oil price tops $100 as supply disruption worsens

24 Jul 2026 · Dawn

NEW YORK: Oil prices topped $100 on Thursday, their highest levels in nearly two months, after Yemen’s Houthis said they had attacked two Saudi oil tankers in the Red Sea, causing further global supply disruptions following a near-halt in trade through the Strait of Hormuz. Brent futures rose $6.59, or 7 per cent, to $...

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