July 21, 2026 10:49 am, EDT The International Energy Agency said it was “closely monitoring the situation in oil markets” as escalating hostilities in the Middle East raise concerns over security of supply. The agency, which oversees the release of emergency reserves by consuming countries, said markets “are benefiting from several cushioning factors” including significant
July 20, 2026 10:15 am, EDT (Magnolia Oil & Gas Corp.) key takeaways: Magnolia Oil & Gas Corp. agreed to acquire Wildfire Energy for about $4.1 billion, including debt, the company’s largest acquisition and an expansion of its Eagle Ford Shale position. The transaction includes the assumption of 32.2 million Magnolia Class A shares and
July 20, 2026 8:25 am, EDT | Update: July 20, 2026 2:20 pm, EDT An overturned car rests on a section of a bridge destroyed after an attack in Hormozgan province in southern Iran on July 18. (Mahdi Negahban/Mehr News Agency via AP) key takeaways: Oil prices steadied after rising earlier, as the US announced
July 20, 2026 2:31 pm, EDT Iraq is using a huge fleet of trucks to move fuel oil through Syria and away from the Strait of Hormuz. (Peter Pencille/Getty Images) key takeaways: Iraq rapidly expanded fuel oil trucking through Syria, helping make Syria the Middle East’s largest fuel oil export hub in June. The change
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Cars rely on a variety of lubricants to keep their moving parts from expensive shine, and it all depends on viscosity, the ability of a material to flow without deforming (known as
July 16, 2026 1:19 pm, EDT An oil refinery in Houston. (Mark Felix/Bloomberg) key takeaways: Profits at American refiners, which convert crude oil into gasoline and diesel, are hitting records as fuel supply disruptions caused by the war have pushed up prices of refined products. The average per barrel margin a US refiner receives
July 16, 2026 8:17 am, EDT An oil facility on Kharg Island, Iran. (Atta Kenare/AFP/Getty Images/Bloomberg) key takeaways: Oil prices remain high as the US escalates attacks against Iran. Iran targeted Kuwait and Bahrain with missile and drone attacks. World stocks mostly fell. HONG KONG – Stocks around the world mostly fell on 16 July
July 15, 2026 10:10 am, EDT The Eneos Endeavor supertanker conducted a dark transit through the Strait of Hormuz in May. (Akio Kon/Bloomberg) key takeaways: Supertankers have increasingly been involved in recent attacks on commercial shipping during the Iran war, highlighting the challenges of reviving the flow of the region’s oil to the global
July 15, 2026 8:18 am, EDT The ships anchored in Oman near the Strait of Hormuz in June. (AFP/Getty Images via Bloomberg) key takeaways: Oil prices rose as Iran threatened to block Middle East energy exports. President Donald Trump announced on July 13 that the US blockade of Iranian ports had been resumed as an
Science has long known that not all fats are created equal, but a shocking new study from the University of Barcelona finds that a common saturated fat, palmitic acid, may aggravate type 2 diabetes, while oleic acid offers protective benefits. recent workpublished in Trends in Endocrinology and Metabolism, Investigated the effects of palmitic and oleic