The escalations intensify the risk of further pressure on global oil supply and prices.

Houthi threats, Iranian strikes and a Hormuz standstill send oil surging as the US-Iran conflict enters its 10th day.

By Jana Choukeir, Nayera Abdallah and Elwely ElwellyDUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats…