---
title: Brent crude has returned to $100 a barrel after Houthi militants attacked two Saudi tankers in the Red Sea
description: "The attacks have widened the Middle East conflict and increased the risk of further oil supply disruptions.\n\nShipping was already under pressure in the Strait of Hormuz because of renewed tensions between the US and Iran. The Bab el-Mandeb Strait had become an important alternative route, but more vessels are now avoiding it.\n\nOil markets are also facing attacks on the Caspian Pipeline Consortium terminal, which handles most of Kazakhstan’s crude exports. With global inventories already reduced by months of conflict, the risk of a supply squeeze is rising.\n\nAccording to Saxo Bank, oil flows now face two major bottlenecks. This has pushed up the risk premium in crude prices and renewed inflation concerns.\n\nSource: zerohedge"
---

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# [Brent crude has returned to $100 a barrel after Houthi militants attacked two Saudi tankers in the Red Sea](https://blog.syzgroup.com/syz-the-moment/brent-crude-has-returned-to-100-a-barrel-after-houthi-militants-attacked-two-saudi-tankers-in-the-red-sea)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 24, 2026, 3:36:11 PM

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