A combination of the flare-up between US and Iran, and the subsequent impact on bond yields and crude oil prices, coupled with fears of the US Fed hiking interest rates this month kept sentiments subdued on Wall Street on Monday. 3 Min Read Benchmark indices on Wall Street began the new trading week on a […]
Dow Jones falls 370 points on Monday Read More »
By Charles Kennedy – Aug 31, 2026, 6:00 PM CDT Trump’s Venezuela deal could eventually put downward pressure on oil and gasoline prices, but raising production substantially beyond the current 1.25 million bpd will require years of investment. More Venezuelan heavy crude is particularly valuable for U.S. Gulf Coast refiners, but with U.S. refineries already
Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem Read More »
Wall Street closes lower as oil prices jump, indexes notch monthly gains https://www.investing.com/news/economy-news/us-stock-index-futures-dip-as-middle-east-strikes-worsen-inflation-fears-4882344
Wall Street closes lower as oil prices jump, indexes notch monthly gains Read More »
F/A-18 Super Hornets on the flight deck of the USS George Washington in the Indian Ocean on Aug. 18, 2026. U.S. Navy | Via Reuters President Donald Trump on Monday morning reportedly said, “We’re going to hit them very hard,” after Iran said it launched an attack on two U.S. bases in Jordan in response
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An attendant counts money after filling up a motorcycle with gasoline at a petrol station in Manila on March 15, 2022. AFP / Ted Aljibe MANILA, Philippines — Motorists will see lower pump prices in the first week of September as oil firms announced rollbacks effective Tuesday, Sept. 1. Shell and Seaoil said the price
Oil price rollback set in first week of September Read More »
Oil prices have surged following a U.S. military action against an Iranian island in the strategic Strait of Hormuz, heightening tensions in the region. The attack, reportedly met with retaliation from Tehran, comes as the conflict involving the U.S. and Israel against Iran continues into its sixth month. This geopolitical escalation has pushed crude oil
US attack on Iranian island sends oil prices surging amid rising tensions Read More »
