Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process

Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
Europe’s defense boom faces a new test: Can it actually deliver weapons?

Europe’s defense boom faces a test as investors weigh whether budgets and backlogs can become weapons, factories and returns.
North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision

Andy Burnham could face an early test over North Sea oil drilling as energy shocks revive the UK energy security debate.
Employers who laid off workers citing AI are already starting to regret it

Companies are realizing artificial intelligence can’t do everything after all, prompting them to rehire employees to grow their businesses
Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed

Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts.
LNG market disruption may continue for months as a top producer withholds some Italian shipments

QatarEnergy extended its force majeure, withholding four additional liquefied natural gas cargoes until September.
Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported

The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
Yen slides to new 40-year low while Dow futures ease after strongest first half in five years: Live updates

The Dow Jones Industrial Average rose 8.9% in the first half of 2026.
Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5

The U.S. Department of Commerce lifted the export controls on Anthropic’s Fable 5 and Mythos 5 models
Palo Alto, CrowdStrike both have best quarter ever as AI threats bolster cyber demand

The cybersecurity leaders are leaning into identity security, a critical cyber segment, as AI agents outnumber humans