Oil surges past $100 per barrel as Houthi tanker attacks escalate Middle East crisis
Crude oil topped $100 for the first time since May, driven by Houthi attacks on shipping in the Red Sea and broader Middle East supply disruptions including the
Oilprice.com · +14 outlets
Stock markets tumble globally as oil spike and tech earnings rout weigh on indices
U.S. and Asian stock markets declined sharply as oil prices spiked past $100 and tech earnings raised concerns about AI spending, with bonds also struggling ami
WSJ · +15 outlets
Gas prices climb sharply across U.S. states as crude hits $100 amid Middle East tensions
U.S. gasoline prices jumped 15-30 cents per gallon in most states as crude oil surged, with retail pump prices now exceeding $4 per gallon nationally amid conce
tippahnews.com · +15 outlets
Trump threatens Iran after Houthi attacks on tankers in Red Sea shipping routes
President Trump threatened to punish Iran for Houthi attacks on oil tankers in the Bab el-Mandeb Strait, saying the U.S. would hold Tehran responsible for its p
Oilprice.com · +14 outlets
European stock markets post biggest drop in two weeks on oil surge and rate-hike fears
European equities fell sharply as oil prices spiked above $100, reviving inflation concerns and raising expectations for higher central bank interest rates, whi
Investing.com · +14 outlets
Higher oil prices expected to ripple through consumer costs for groceries, fuel, and school items
Economists warn that sustained oil prices above $100 will push up consumer costs for gasoline, food, and back-to-school items as transportation and production c
couriernews.com · +14 outlets
U.S. strategic petroleum reserves hit lowest level since 1983 as crude tops $100
U.S. crude oil reserves fell to their lowest point in more than four decades as prices surged past $100 per barrel, raising concerns about government options to
KWCH · +14 outlets
Asian stocks set to fall as oil prices surge past $100 amid inflation and rate concerns
Asian equities were positioned to decline as crude oil topped $100, with investors citing inflation risks and expectations for higher interest rates from centra
Crypto Briefing · +14 outlets
Russia's oil and gas revenue projected to surge 60% year-over-year in July
Russia is poised to see oil and gas export revenues jump 60% in July compared to last year, as Middle East tensions push crude prices higher despite Western san
Meduza · +14 outlets
Meta exits major clean energy pact as natural gas buildout accelerates for AI data centers
Meta dropped out of a prominent clean energy coalition as it ramps up natural gas-fired power generation to fuel its expanding artificial intelligence data cent
Yahoo Finance · +2 outlets
OPEC+ expected to raise production targets again despite members' inability to meet output goals
OPEC+ is set to approve another production increase at its August 2 meeting, extending efforts to unwind voluntary cuts that have mostly remained on paper since
Oilprice.com · +14 outlets
Trump administration coordinates on potential offshore nuclear power deployment to support AI boom
The Trump administration is exploring offshore nuclear power generation with the Marine Minerals Administration and Nuclear Regulatory Commission to address ene
Oilprice.com · +2 outlets
U.S. energy stocks gain after Houthi attacks push Brent crude above $100 barrier
Energy sector equities rose in premarket trading as crude oil breached $100 on escalating Red Sea shipping disruptions, with investors seeing higher revenue pot
Reuters · +14 outlets
VIX volatility index rises sharply as $100 oil and Treasury yield spike hammer equities
Market volatility, measured by the VIX index, jumped as crude oil surged past $100 and bond yields spiked, pressuring equity valuations across the S&P 500.
FXEmpire · +14 outlets
AI paradox reshapes clean energy research as data centers demand gas and grid power
Artificial intelligence presents conflicting energy challenges for clean power development, as massive data center buildouts require significant grid and fossil
Oilprice.com · +14 outlets
Matador Resources agrees to buy Permian Basin assets from EnCap for $1.3 billion
Matador Resources announced a $1.3 billion cash acquisition of Permian Basin assets from EnCap Investments, strengthening its position in the prolific U.S. shal
Rigzone.com · +6 outlets
QatarEnergy preparing to extend LNG force majeure through mid-October due to disruptions
QatarEnergy is set to further extend its force majeure declaration on liquefied natural gas shipments, signaling continued supply constraints from Middle East d
Rigzone.com · +14 outlets
Insurers flock to oil projects outside Middle East as war zone risk reshapes coverage
Global insurers are redirecting capital to non-Middle East oil and gas projects after the region's conflict created coverage gaps and raised underwriting costs
Oilprice.com · +3 outlets