# Oil Jumps 7% To $100 As Houthis Target Saudi Tankers

> Brent futures settled up 7% at $100.7 after Houthis attacked two Saudi tankers in the Red Sea, extending gains for a fifth straight day. WTI rose 6.2% to $92.2.

- Date: 2026-07-23 · published 2026-07-23T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/9931-oil-jumps-7-to-100-as-houthis-target-saudi-tankers
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher crude on Red Sea and Hormuz risk lifts diesel and freight costs, adding to feed production and delivery expenses.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2026-07-23 | 5 | +29.7% | 3.5 | Confirms the 7% settle at $100.7 after Houthi tanker attacks and a fifth straight daily gain, consistent with the multi-day rally. |
| BRENT | 2026-07-23 | 1 | +11.9% | 3.1 | It reports the same Houthi-driven 7% settlement jump and a fifth straight daily gain, confirming the supply-risk catalyst. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-07-23 | [Global oil tops $100, settles at 2-month high after Houthis strike Saudi tankers and Trump threatens ‘military punishment’ on Iran - MarketWatch](https://feedsoft.ai/events/9928-global-oil-tops-100-settles-at-2-month-high-after-houthis-strike-saudi-tankers.md) | -9.5% | -7.3% |
| BRENT | 2026-10-01 | [Saudi Oil Output Slumps as Iran War, Houthi Threats Disrupt Vital Export Routes](https://feedsoft.ai/events/17664-saudi-oil-output-slumps-as-iran-war-houthi-threats-disrupt-vital-export-routes.md) | +2.6% | +8.8% |
| BRENT | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.0% | +4.8% |
| BRENT | 2026-03-01 | [Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say \| Reuters](https://feedsoft.ai/events/8002-oil-jumps-10-on-iran-conflict-and-could-spike-to-100-a-barrel-analysts-say.md) | +31.0% | +62.6% |
| BRENT | 2024-01-12 | [Brent Oil Hits $80 After Airstrikes Target Yemen Houthis - Bloomberg](https://feedsoft.ai/events/32315-brent-oil-hits-80-after-airstrikes-target-yemen-houthis-bloomberg.md) | +1.6% | +4.5% |
| WTI | 2026-07-23 | [Global oil tops $100, settles at 2-month high after Houthis strike Saudi tankers and Trump threatens ‘military punishment’ on Iran - MarketWatch](https://feedsoft.ai/events/9928-global-oil-tops-100-settles-at-2-month-high-after-houthis-strike-saudi-tankers.md) | -7.9% | -6.4% |
| WTI | 2026-10-01 | [Saudi Oil Output Slumps as Iran War, Houthi Threats Disrupt Vital Export Routes](https://feedsoft.ai/events/17664-saudi-oil-output-slumps-as-iran-war-houthi-threats-disrupt-vital-export-routes.md) | -2.3% | +8.7% |
| WTI | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.7% | +3.2% |

## Sources

- forbesmiddleeast.com: https://www.forbesmiddleeast.com/industry/energy/brent-tops-$100-for-first-time-since-may-after-houthis-attack-two-saudi-oil-tankers-in-red-sea

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.