Dow Jones Top Energy Headlines at 4 PM ET: Global oil prices settle above $90 a barrel after U.S. and Iran exchange fire for first time in a month | Fighting ...

Global oil prices settle above $90 a barrel after U.S. and Iran exchange fire for first time in a month

Oil prices ended sharply higher on Monday after the U.S. and Iran renewed hostilities, as the Middle East conflict stretches into its seventh month.

----

Fighting Flares in Middle East After U.S. Strike on Iranian Rocket Launchers

American forces later defended against missiles launched at Jordan, which hosts nearly 4,000 U.S. troops, U.S. military officials said.

----

PG&E Stock Plummets. It May Not Be Shielded From Wildfire Liabilities.

PG&E stock falls sharply after the California State Assembly amends key wildfire legislation that leaves out liability protection for utilities.

----

SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion

The oil drilling and production company agreed to acquire thermal management company Kelvion for $4.1 billion in a bid to strengthen its growing data center business.

----

ONEOK to Buy Brazos Midstream's Permian Assets for $4.43 Billion

ONEOK is set to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.43 billion, expanding its footprint in prolific American oil hub.

----

Energy & Utilities Roundup: Market Talk

Find insight on SLB's acquisition of Kelvion, Algonquin Power & Utilities, Canadian energy tocks and more in the latest Market Talks covering Energy and Utilities.

----

Chevron, Other U.S. Firms Near Deal to Invest Billions in Venezuelan Oil Fields

The U.S. oil major is close to an agreement to add two heavy-oil fields to its portfolio in Venezuela. Halliburton is also in talks.

----

How Xi Jinping Turned Oil From a Weakness Into a Geopolitical Weapon

China's crude reserves have given it huge power over the global oil market-and a critical new defense against the West.

----

On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices

Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market.

----

U.S. to Take Control of Much of Venezuela's Proven Oil Reserves

President Trump said the agreement would substantially lower gas prices for all Americans.

----

The $2 Billion Brawl Over a Ruinous Wood-Pellet Trade

Creditors say Enviva's former C-suite blew up the once-highflying green-energy company by chasing bonus targets.

----

Enbridge Forms $1.95 Billion Joint Venture to Expand British Columbia Pipeline

Enbridge has partnered with private equity companies KKR and Apollo Global Management to fund a 2.7 billion Canadian dollar, or $1.95 billion, expansion of its natural gas pipeline system in British Columbia.

(END) Dow Jones Newswires

August 31, 2026 16:15 ET (20:15 GMT)