The Guardian23 Jul 2026Macro
Automatically composed with AI from the cited sources
The Houthi militia claimed responsibility for attacks on two Saudi oil tankers, the Encelia and Layla, using ballistic and cruise missiles and drones, with one vessel left ablaze. The benchmark oil price rose to above $100 a barrel on Thursday from $95 the day before, while the Nasdaq fell over 2% and Tesla shares dropped 12%. The yield on 10-year UK government bonds rose above 5.1% for the first time since May. WHY: