SignificantEconomymarketwatch·MarketWatch

Global oil prices settle at one-month high despite new Iran ceasefire proposal, as blockade on Saudi Arabia by Yemen’s Houthis keeps market on edge

MarketWatch reported global oil prices settled at a one-month high despite a new ceasefire proposal between the U.S. and Iran. The blockade on Saudi Arabia by Yemen's Houthis kept the market on edge.

Impact Score

7/10

Monday, July 20, 2026 at 05:11 PM EDT

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