First Russian diesel tanker heads to New York after Trump's deal with Putin to lower fuel prices

The first Russian diesel tanker headed to New York carries 40,000 tons, but a retired general says that only covers a couple hours of U.S. demand.

Fox Business • 15 hours ago

Persistent Oil Prices Threaten Inflation Outlook

Seaport Research Partners Chief Equity Strategist Jonathan Golub tells Bloomberg This Weekend that stocks are not in an AI bubble, arguing that strong earnings and lower valuations show investors remain skeptical even as AI drives much of the market. Speaking with hosts David Gura and Christina Ruffini, Golub says a prolonged Middle East conflict could keep oil and inflation elevated, eventually forcing the Federal Reserve to respond as strains emerge in credit markets.

Bloomberg Markets and Finance • a day ago

Oil Markets Brace for Renewed Iran Fighting

Bloomberg Economics Chief Emerging Markets Economist Ziad Daoud tells Bloomberg This Weekend that the risk of renewed fighting between the US, Israel and Iran is rising, helping keep oil prices elevated even as energy flows through the Strait of Hormuz recover. Speaking with hosts David Gura and Christina Ruffini, Daoud says the conflict could remain a long-term stalemate, with heightened shipping costs, depleted stockpiles and escalating regional tensions continuing to threaten global energy supplies.

Bloomberg Markets and Finance • Oct 24, 2026

Tanker carrying 40,000 T of Russian diesel heads to New York after Putin-Trump deal, data shows

The first Russian diesel bound for the ‌US following a surprise agreement reached between Moscow and US President Donald Trump is aboard a tanker heading for New York, ship-tracking data showed on Friday.

Reuters • Oct 23, 2026

US authorizes emergency release of up to 400,000 oil barrels from strategic reserve

The US ​Department of Energy said on Friday ‌it had authorized an emergency exchange of up to 400,000 barrels of crude oil from ​the Strategic Petroleum Reserve to ​address a supply disruption affecting Phillips ⁠66's Lake Charles refinery in Louisiana.

Reuters • Oct 23, 2026

Stock Market Ends Week Lower As Oil Soars; Fed Meeting, Earnings Tsunami Loom

The stock market, including the Dow Jones index, ended a volatile week lower as oil prices surged. A Fed meeting and an inflation reading are due.

Investors Business Daily • Oct 23, 2026

U.S. oil holds above $100, Brent at five-month high as Iran says it's prepared for warfare

U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.

CNBC • Oct 23, 2026

Oil hits five-month high as global stocks wobble on AI fears; retail sales in Great Britain fall as shoppers cut back - business live

Oil prices are still climbing today – with Brent crude, the international benchmark, now up 1.8% to $115.14 a barrel.

The Guardian • Oct 23, 2026

Oil hits five-month high amid fears US will renew strikes on Iran

Brent crude rises to $114.72 a barrel after Tehran threatens retaliatory attacks on Gulf oil and tech facilities

The Guardian • Oct 23, 2026

American Airlines Sinks 4% as Oil Climb Reverses Post-Earnings Rebound; Delta and United Airlines Slide 3%

Climbing oil prices are unwinding the relief rally in airline shares that followed American Airlines Group‘s (NASDAQ:AAL | AAL Price Prediction) record quarter. American Airlines stock is at $12.06, down 4%, wiping out the previous session's rebound.

24/7 Wall Street • Oct 23, 2026