Event Brief
Oil rises to $98 after Houthis hit two Saudi tankers
Filed: Jul 23, 2026 at 4:00 AM ET
Summary: Oil prices jumped to $98 after the Houthis attacked two Saudi oil tankers with missiles and drones.
WHO: Houthis
WHAT: Houthis attacked the oil tankers Encelia and Layla with missiles and drones, contributing to a jump in oil prices to $98.
WHEN: Jul 23, 2026 at 3:50 AM ET
WHERE: Saudi Arabia
WHY: The attack on the tankers Encelia and Layla triggered the oil price jump.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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