July 24, 2026

Oil prices fall as Iran tensions rise, Trump warns China and Russia

Oil prices fall as Iran tensions rise, Trump warns China and Russia

Oil prices have declined, even as diplomatic relations with Iran continue to deteriorate, raising concerns over potential geopolitical tensions. Former President Donald Trump has issued warnings to China and Russia, adding further complexity to the global oil market landscape. The developments come amid a backdrop of fluctuating oil prices, with recent reports indicating a drop […]

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Wall Street Stumbles as Trump Tariffs Launch and Oil Flirts with $100 Milestone

Wall Street Stumbles as Trump Tariffs Launch and Oil Flirts with $100 Milestone

Key Highlights Major US indices wobbled Friday following Thursday’s brutal session that erased roughly $800 billion in value from the Magnificent Seven tech giants Surging artificial intelligence expenditures at Alphabet and Tesla sparked the technology sector retreat New Section 301 tariffs from President Trump, spanning 10% to 12.5%, became active during overnight hours Crude retreated

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Oil Nears $100 as Trump Tariffs Hit and Tech Stocks Drag Wall Street Lower

Oil Nears $100 as Trump Tariffs Hit and Tech Stocks Drag Wall Street Lower

TLDR The Dow, S&P 500, and Nasdaq struggled Friday after a sharp Thursday sell-off wiped nearly $800 billion from “Magnificent Seven” stocks Alphabet and Tesla’s rising AI spending triggered the tech rout President Trump’s new Section 301 tariffs, ranging from 10% to 12.5%, took effect overnight Oil prices fell Friday but Brent crude was still

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FTSE 100 Live: Stocks to drop after oil reaches $100; Trump releases tariff blitz

FTSE 100 Live: Stocks to drop after oil reaches $100; Trump releases tariff blitz

Friday 24 July 2026 6:30 am  |   Updated:  Friday 24 July 2026 8:30 am Welcome back to City AM’s FTSE 100 live blog (AP/PA Images) Welcome back to the City AM FTSE 100 liveblog. Oil hit a two-month high on Thursday, after reaching $100 for the first time since May. Brent crude oil prices surged following attacks

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KINIGUIDE | The Houthis and why they trigger another surge in oil prices

KINIGUIDE | The Houthis and why they trigger another surge in oil prices

KINIGUIDE | Oil prices are climbing once again as attacks by a Yemeni armed group on commercial ships in the Red Sea threaten another one of the world’s important energy trade routes. The latest attacks have ignited a new phase in the crisis between the United States and Iran, drawing fresh attention to Yemen’s Houthi

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