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Bloomberg

Oil Holds Gain With Fresh US-Iran Attacks, Kazakh Exports Risk

Thursday, July 30, 2026


Oil prices rose in trading as tensions between Iran and the US escalated following a brief period of reduced conflict. Houthi forces in Yemen threatened a blockade of Saudi Arabia in the Red Sea, while Saudi and US forces conducted strikes against targets in Iraq linked to Iran-backed militants. Kazakhstan's oil exports faced potential disruption amid the regional tensions.

Original reporting: https://www.bloomberg.com/news/videos/2026-07-30/oil-holds-gain-with-fresh-us-iran-attacks-video

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