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S04 Ep43 Energy Market Update: Red Sea disruption keeps oil market on edge
27 July 2026

S04 Ep43 Energy Market Update: Red Sea disruption keeps oil market on edge

Investec

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Brent topped $100/b last week, driven by escalating US-Iran tensions and Houthi attacks threatening Saudi crude exports through the Red Sea. Prices have since retreated to around $90/b after the US paused action and Iran-Oman talks showed tentative progress.



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