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Stock Market Today, Aug. 7: Markets Rally on Jobs Shock and Atlassian Surges 35%
Today, Aug. 7, 2026, July payrolls fell unexpectedly, fueling investor optimism for lower interest r...
S&P 500 Ends At Record High, Clocks Strongest Week Since April As Poor Jobs Data Calms Rate Hike Fear — SEZL, SPCX, RDW, PLTR, TTD In Focus
Nonfarm payrolls fell 23,000 last month, following substantial downward revisions to the prior two m...
From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up
Oil exports from the U.S. and its ‘Americas’ sphere of influence continue to be the prime beneficiary from the drop in crude output leaving the Middle East. Industry figures showed dirty tanker shipme ...
European Gas Prices Tumble 6% On US-Iran Peace Deal
European natural gas prices plummeted by roughly 6% following the announcement of a landmark US-Iran framework agreement, with the breakthrough significantly easing market anxiety over prolonged energ ...
Ukraine’s New Refinery Tactic Is Fueling Russia’s Gasoline Crisis
Russia’s deputy prime minister kept walking but couldn't shake off a gaggle of reporters with questions about the country’s growing fuel crisis. Aleksandr Novak admitted oil production had fallen due ...
Russia Eases Environmental Rules for Domestic Fuel amid Shortages
Russia’s government has authorized some refineries to produce gasoline and diesel with higher sulfur content and other lower environmental specifications in a bid to alleviate the ongoing fuel shortag ...
The $42 Trillion Oil Opportunity Hiding in Plain Sight
Without ever discovering another barrel, at today’s prices, there is more than $42 trillion in crude oil trapped in existing oilfields, awaiting the deployment of advanced new technology that makes th ...
India Pushes States to Fast-Track Nuclear and Battery Storage Approvals
India’s federal government has urged states to accelerate approvals of nuclear and battery energy storage systems on their territories in a push to boost energy security amid soaring power demand, Ind ...
Britain Intercepts Russian Oil Tanker Linked to Shadow Fleet
British armed forces have intercepted a Russian shadow fleet oil tanker in the English Channel during the early hours of Sunday morning, the prime minister has said. In an operation lasting six hours, ...
First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement
An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen th ...
90% of Global Businesses Expect to Electrify Operations by 2035
An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. ...
China’s Return to the Oil Market Could Boost Inflation
The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite t ...
India’s Solar Capacity Set for 22% Annual Growth Through 2035
India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday. The consultancy estimates th ...
U.S.-Iran Deal Doesn’t Mean a Swift Return of Oil and Gas Flows
The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil and gas trade will quickly return to its previous levels. The announcement of the deal is just th ...