Trump claims control of Strait of Hormuz as gas prices hit record highs
President Trump asserts US control over the critical chokepoint amid Iran war, as domestic gasoline prices reach record seasonal highs.
WPTZ · +14 outlets
US stocks rise to record as oil prices drop and inflation eases
S&P 500 notches record high close as benign PPI data and falling crude oil prices boost investor sentiment.
Charleston Gazette-Mail · +15 outlets
Vance says 'goal No. 1' of Iran war is to lower gas prices
VP candidate makes explicit the administration's domestic political objective tied to the ongoing military conflict with Iran.
Washington Examiner · +14 outlets
US gasoline and diesel prices hit record seasonal highs in mid-August
AAA and GasBuddy report national average at historic levels for the month of August, with analysts warning relief may be limited before Election Day.
qz.com · +14 outlets
Global oil stocks may not withstand another six months of US-Iran war
Analysts warn strategic petroleum reserves globally are being drawn down at a pace that leaves little buffer if the Hormuz disruption persists.
reuters.com · +14 outlets
Oil slips below $87 as US crude inventories surge 17.4 million barrels
A massive build in US commercial crude stocks and a weaker demand outlook from OPEC and IEA push oil prices lower despite Hormuz risks.
energynews.pro · +15 outlets
Iran boosts military posturing as Hormuz talks hit deadlock
Iran reorganizes military for more aggressive posture abroad while negotiations to end the war with the US remain stalled.
Rigzone.com · +6 outlets
Houthis attack Saudi Aramco refinery, oil pares losses
Reports of a Houthi attack on a Saudi Aramco refinery briefly lift crude prices off session lows.
StreetInsider · +8 outlets
US power grid strains under record electricity demand
EIA projects all-time high electricity demand this year and next driven by Big Tech data center buildout.
Oilprice.com · +14 outlets
OPEC and IEA slash 2026 oil demand outlooks
Both agencies downgrade global oil demand forecasts, contributing to the bearish tone in crude markets.
Crude Oil Prices Today · +14 outlets
EIA predicts record US oil output in 2026
US annual oil production is on track to hit a record this year, according to the Energy Information Administration.
Rigzone.com · +14 outlets
US natural gas production set for record 122.5 Bcf/d in 2026
EIA forecasts record US natural gas production, up 3.4%, despite broader energy market disruptions.
Awaz The Voice · +11 outlets
EIA expects highest natural gas inventories in a decade heading into winter
Weekly storage injection of 36 Bcf sets up the highest gas stockpiles in ten years ahead of the heating season.
Hydrocarbon Engineering · +14 outlets
Ukraine strikes Gazprom's 200,000-bpd Salavat refinery in Urals
Kyiv intensifies attacks on Russian refining infrastructure, hitting the major Neftekhim Salavat complex.
Oilprice.com · +1 outlets
Russia's diesel exports crash to multiyear low
Russian diesel and gasoil exports fall to just 80,000 bpd in early August as Moscow extends export restrictions amid domestic fuel crisis.
Oilprice.com · +6 outlets
Russia daily oil production almost 1 million barrels below OPEC+ quota
Russia's crude output in July lagged its OPEC+ target by nearly 1 million bpd as wartime disruptions and sanctions bite.
Rigzone.com · +14 outlets
China steps in as Iran war drains US oil reserves to 40-year low
US emergency oil reserves fall to levels not seen in four decades amid the ongoing conflict, with China emerging as a key buyer.
The Telegraph · +6 outlets
India eyes two new sites to expand strategic oil reserves
India explores additional cavern storage for strategic petroleum reserves as supply security concerns mount.
Crude Oil Prices Today · +14 outlets