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Latest Oil Market News and Analysis for July 21

Oil steadied after a two-day gain as the US and Iran continued hostilities in the Middle East, while Yemen’s Houthi militants threatened to blockade Saudi Arabia’s maritime traffic in the Red Sea.

July 20, 2026 World Bloomberg

Oil steadied after a two-day gain as the US and Iran continued hostilities in the Middle East, while Yemen’s Houthi militants threatened to blockade Saudi Arabia’s maritime traffic in the Red Sea.

This story was indexed from the original publisher. Read at Bloomberg

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