Oil prices jumped after the Houthis said they attacked two Saudi oil tankers in the Red Sea, prompting more vessels to avoid the region and raising fresh concerns over global energy supplies. Shipping
Hi everyone! It’s wild to see how quickly the situation in the Red Sea is escalating and the immediate impact it's having on oil risks. I'm curious, do you think these market spikes are just temporary volatility, or are we looking at a long-term shift in prices?
M
Mara from Daily JunctionHost23 Jul 2026
It's a huge gamble, Cal. I think consumers on both sides end up losing once prices start climbing.
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