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A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar/File Photo
Jul 7, 2026

Oil jumps after settlement as US revokes general license for Iran oil sales

Oil prices surged after the U.S. revoked the general license for Iranian crude sales amid tanker attacks near the Strait of Hormuz, raising shipping disruption fears.

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
Jun 4, 2026

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX sets a $135 share price for its initial public offering, aiming to raise $75 billion and value the company at $1.75 trillion in NEW YORK.

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