Houthis Strike Saudi Tankers in Red Sea, and South Korea Beats Growth Forecasts 

Headline news for July 23, 2026:  Yemen's Houthis strike two Saudi oil tankers: the Encelia and the Layla in the Red Sea early this morning Singapore time, as both the Strait of Hormuz and the Bab al-Mandeb face simultaneous disruption for the first time. Brent crude rises above US$96 a barrel. South Korea's economy beats second-quarter growth forecasts on chip exports. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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