Latest Oil Market News and Analysis for July 24

Bloomberg Markets•Thu, Jul 23, 2026, 10:04 PM•2 min read

Oil headed for a weekly surge after Houthi attacks on tankers in the Red Sea opened a new front in the Middle East conflict, while President Donald Trump threatened to extend US strikes on Iran.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-23/latest-oil-market-news-and-analysis-for-july-24)

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Latest Oil Market News and Analysis for July 24

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