Global Oil Prices Surge Amid War Threats and Red Sea Blockade

Global oil prices have vaulted over $95 a barrel, driven by intensifying war threats and the risk of a blockade in the Red Sea, which adds significant uncertainty to the flow of energy from the region.

22 Jul, 10:26 — 22 Jul, 10:26

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NYTMostly Factual3d ago

Global Oil Price Vaults Over $95 a Barrel as War Threats Intensify

The risk of continued fighting and a threatened blockade in the Red Sea added to uncertainty about the flow of energy from the region.

By Laura Stevens and Jason Karaian

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Global Oil Prices Surge Amid War Threats and Red Sea Blockade

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Global Oil Price Vaults Over $95 a Barrel as War Threats Intensify

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