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Iran War Live Updates: Attacks in Red Sea Send Oil Prices Over $100 a Barrel

NYT > World News·July 23, 2026
Iran War Live Updates: Attacks in Red Sea Send Oil Prices Over $100 a Barrel

Iran's Houthi allies in Yemen have claimed responsibility for strikes on two Saudi tankers, causing the price of Brent crude to surge over $100 a barrel. The attacks in the Red Sea have led to a significant increase in oil prices. The US House of Representatives has also cast a vote to limit President Trump's war powers, with four Republicans joining Democrats in the rebuke. The vote marks the second time the House has taken action to restrict the president's authority in this regard.

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