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Oil Prices Rise Following Attack on Tankers in the Red Sea
Oil prices rose above $98 per barrel on July 23, 2026, after a militant group in Yemen claimed to have attacked tankers in the Red Sea. U.S. Secretary of State Marco Rubio stated that the group was being influenced by Iran in the conflict.
Our neutral summary
Oil prices rose above $98 per barrel on July 23, 2026, after a militant group in Yemen claimed to have attacked tankers in the Red Sea. U.S. Secretary of State Marco Rubio stated that the group was being influenced by Iran in the conflict.
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