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Bloomberg MarketsGeopolitics and Tech Woes Put Traders on Edge Before WeekendBloomberg MarketsDollar Set for Best Week in a Month as Haven Flows Offer SupportBloomberg MarketsGulf States Set for Debt Binge to Build Routes Avoiding HormuzBloomberg MarketsEuronext Mulls Setting Up a Private Market to Rival the UK’sBloomberg MarketsBofA’s Raedler Says Investors Are Ignoring Stock-Market RisksBloomberg MarketsMauritius Tax Wave Threatens to Erode Its Banks’ ProfitabilityBloomberg MarketsPIC: Why South Africa’s Biggest Fund Manager Is in TurmoilBloomberg MarketsVictoria Plc Slumps to £326 Million Loss as Debt Deal BitesBloomberg MarketsZara’s Ortega Buys Paris Office Complex for About €800 MillionBloomberg MarketsHow Franchise Restaurants Opened the Door to the Gig EconomyBloomberg MarketsOdd Lots: How Franchising Led to the Gig Economy (Podcast)Financial TimesOil falls back below $100 as Trump weighs ‘massive attack’Financial TimesRussian online retailer Wildberries becomes target for Ukraine’s dronesFinancial TimesUS hits 60 countries with new duties as Trump rebuilds tariff wallBloomberg MarketsTanker Exits Red Sea Dark as China Ship Heads Toward StraitBloomberg MarketsGeopolitics and Tech Woes Put Traders on Edge Before WeekendBloomberg MarketsDollar Set for Best Week in a Month as Haven Flows Offer SupportBloomberg MarketsGulf States Set for Debt Binge to Build Routes Avoiding HormuzBloomberg MarketsEuronext Mulls Setting Up a Private Market to Rival the UK’sBloomberg MarketsBofA’s Raedler Says Investors Are Ignoring Stock-Market RisksBloomberg MarketsMauritius Tax Wave Threatens to Erode Its Banks’ ProfitabilityBloomberg MarketsPIC: Why South Africa’s Biggest Fund Manager Is in TurmoilBloomberg MarketsVictoria Plc Slumps to £326 Million Loss as Debt Deal BitesBloomberg MarketsZara’s Ortega Buys Paris Office Complex for About €800 MillionBloomberg MarketsHow Franchise Restaurants Opened the Door to the Gig EconomyBloomberg MarketsOdd Lots: How Franchising Led to the Gig Economy (Podcast)Financial TimesOil falls back below $100 as Trump weighs ‘massive attack’Financial TimesRussian online retailer Wildberries becomes target for Ukraine’s dronesFinancial TimesUS hits 60 countries with new duties as Trump rebuilds tariff wallBloomberg MarketsTanker Exits Red Sea Dark as China Ship Heads Toward Strait
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Financial Timesglobal

Oil falls back below $100 as Trump weighs ‘massive attack’

Financial Times
Friday, July 24, 2026 at 7:26 AM
~4 min read
Energy

Original Report

Middle East tensions have risen after Red Sea attacks by Houthi militants threatened to squeeze global supplies further

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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