Thursday Afternoon News Updates: Oil Surges as War on Verge of Major Escalation — July 23, 2026
Thursday Afternoon News Updates: Oil Surges as War on Verge of Major Escalation — July 23, 2026 Your midday update has arrived. Ben Meiselas and MeidasTouch Network Jul 23 ∙ Hi all, Ben here. It’s Thursday, and there is a lot to get through, so let’s jump right in. Top stories we’re tracking today: Oil surges past $100 a barrel, with Brent crude up 42% in twenty days The 10-Year Treasury yield spikes above 4.70%, its highest since before “Liberation Day,” while the 30-year climbs past 5% Dow, S&P, and Nasdaq all sell off hard at the open, with the Nasdaq down nearly 2.7% Overnight Houthi attacks strike two Saudi oil tankers, the Encelia and the Layla, with a third vessel reportedly set ablaze near the Yemeni border Iran’s Revolutionary Guard declares the Strait of Hormuz closed to any ship that doesn’t coordinate with Tehran, while CENTCOM insists that’s false Trump tells Israel’s Channel 12 and then Axios he’s considering a “massive attack” on Iran bigger than anything so far Nea...