Sustainability·Jul 23, 2026
Oil Reaches Six-Week High as Dual Maritime Chokepoints Face Escalating Threats
Brent crude climbs above $94 as Iran-US tensions and Houthi blockade warnings force tankers to reroute, tightening near-term supply and widening backwardation to widest since May
By Priyanka V. Rao · 4 min ·
