Hupzy (Spot On Chain)|7月 23, 2026 08:31
🚨 Brent crude has surged above $𝟵𝟴/𝗯𝗮𝗿𝗿𝗲𝗹 after Yemen's Houthis struck 𝘁𝘄𝗼 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮𝗻 𝗼𝗶𝗹 𝘁𝗮𝗻𝗸𝗲𝗿𝘀, a significant escalation into Saudi energy infrastructure.
This is a new kinetic catalyst — distinct from the Iran war-driven rally that pushed WTI above $88. The Houthi attack expands the conflict zone and directly threatens Red Sea / Gulf of Aden shipping lanes, a critical chokepoint for global oil supply.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Brent at $98 is approaching the psychological $100 level. Each $5 move higher tightens the inflation screw and raises the odds of a Fed response. The Houthi strike is a separate supply shock vector from Iran — it threatens shipping routes, not just production, and could persist even if Iran de-escalates. Transmission to crypto is direct: oil spike → inflation → rate expectations up → bearish for risk assets. Watch whether Brent holds above $98 or pushes toward $100, which would likely trigger a broader risk-off move.
source: KobeissiLetter
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