Dow Jones Top Energy Headlines at 7 AM ET: Oil Jumps After Trump Says He Believes Ceasefire With Iran Is Over | U.S. ...
Oil Jumps After Trump Says He Believes Ceasefire With Iran Is Over
Oil prices jumped after President Trump said he believed the ceasefire with Iran was over. Brent crude rose 4.7% while WTI futures were up 5.9% in midmorning European trade.
----
U.S. and Iran Exchange Strikes in Latest Threat to Fragile Ceasefire
Earlier, the U.S. revoked a waiver allowing Tehran to sell oil, eliminating a key incentive for Tehran in the interim peace deal.
----
Rising Gulf Oil Output Sets Stage for Market Share Battle
Persian Gulf oil producers, racing to bring idle wells back online, now face the challenge posed by a surplus of millions of barrels that could sharpen competition for market share.
----
Russia's oil refineries are burning - and, now, so is its bond market
Fuel shortages in Russia may achieve what nothing - and nobody - else could: force Putin to the negotiating table.
----
Shell's Traders Get Boost From Conflict But Gas Output Falls on Lost Qatari Volumes
The British energy major said its gas-trading division is expected to report significantly higher results than the first quarter, and it raised its second-quarter integrated gas unit production outlook.
----
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Shell and more in the latest Market Talks covering energy and utilities.
----
The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas
Trump's energy agenda is poised to boost the industry, but Alaskans are reeling from war-driven price increases.
----
OPEC, Allies Hike Output Again as Hormuz Traffic Starts Recovering
The fifth consecutive increase comes as the cartel continues to unwind production cuts introduced in recent years.
----
Brookfield Approved as Lead Bidder for GoldenPeaks in Bankruptcy Sale
A Houston judge ruled in favor of the asset manager's financing and a fast-tracked sale process for the solar company, despite lender objections.
----
AI Data Centers Use Far More Water Than Most Tech Giants Report
Water used at the power plants that supply electricity to data centers can be much greater than the water used in the data centers themselves.
----
AI Is Straining Big Tech's Climate Goals
Google and Amazon are seeing spikes in carbon emissions as they build data centers.
----
Canada, Alberta Agree to Back New Crude Pipeline to Pacific Coast
The move is another sign of Prime Minister Mark Carney's bid to position Canada as an energy-exporting superpower.
(END) Dow Jones Newswires
July 08, 2026 07:15 ET (11:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
33 Undervalued Stocks to Buy Before the Market Catches On
3 Great ETFs for Rebalancing Your Portfolio in 2026
2 Cheap Stocks to Buy in July
What Investors Should Watch for in the Second Half of 2026
United States