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Russia's oil revenue declined significantly in August due to lower Urals crude prices, with net oil revenue falling 22% year-over-year to 326.2 billion rubles ($3.76 billion) as prices dropped to $59 per barrel.

European diesel prices surged to a record high due to a crack spread exceeding $100 per barrel, making diesel more than twice the cost of underlying crude.

Saudi Arabia reported an Iranian attack on a Saudi-owned oil tanker transiting the Strait of Hormuz, resulting in the deaths of two Filipino crew members.

Wall Street futures declined with the Nasdaq down 0.6% and S&P 500 down 0.2%, while Brent crude oil rose above $95 per barrel following recent U.S.

Bitcoin declined 1% alongside a rise in Brent crude oil above $93 and a climb in U.S.

Brent crude oil prices rose over 2% following escalating military tensions between the U.S.

A federal judge allowed antitrust lawsuits against major U.S.

Global equities declined midday on September 1, 2026, amid a broad bond sell-off driven by rising inflation concerns linked to escalating U.S.-Iran tensions and a concurrent rise in Brent crude prices.

Global equities declined midday on September 1, 2026, amid a broad bond sell-off driven by rising inflation concerns linked to escalating U.S.-Iran tensions and a concurrent rise in Brent crude prices.

Oil prices rose for a second consecutive session due to escalating hostilities between the US and Iran, which heightened risks of disruptions to crude oil flows through the Strait of Hormuz.

Two oil supertankers, including a VLCC operated by Saudi Arabia's state shipping giant Bahri, were struck by unknown projectiles in the Strait of Hormuz, a critical chokepoint for global oil transit.

Crude oil prices rose following President Trump's threat of military action against Iran and the first exchange of fire in weeks.