Key Takeaway
Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.
Published July 24, 2026 · Category: News
Overview

Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.
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(Image credit: Kevin Dietsch)
Source
Originally published at www.npr.org.
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What is "Oil surges to $100 per barrel. And, Trump imposes a new round of tariffs" about?+
Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.
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This story was reported by NPR News.