Oil Gains on U.S.-Iran Attacks, Shipping Risks

Oil futures rose for a third straight session as the U.S. and Iran continued strikes, while President Trump said the U.S. isn't interested in a meeting until Iran is ready to meet in what he called "a meaningful way."

----

Utilities Join Trump Pledge to Limit AI-Driven Increases in Electricity Bills

The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.

----

Trump Approves Landmark Nuclear Deal With Saudi Arabia in Big Win for Kingdom

The deal could mean large profits for American companies but also is likely to raise concerns about nuclear proliferation in the Middle East.

----

War Risk to Oil Supplies Grows With Red and Black Sea Disruptions

Tankers loaded with Saudi oil do a U-turn after Houthi blockade threats, while Ukrainian attacks snarl pipeline operations.

----

America's Most Prolific Oil Field Has a Natural-Gas Problem

So much natural gas pools up in the Permian Basin of West Texas that producers often can't give it away.

----

Iberdrola to Take Control of Finnish Utility Caruna for $2.3 Billion

The deal to acquire 80% of the share capital of Caruna Group should be completed by the end of the year or early in 2027, the Spanish utility company said.

----

Norway Oil Fund Urges Constructive Talks Between Prologis and Segro

As a long-term shareholder in both companies, Norges Bank Investment Management said it understood the rationale for a combination and the proposal merited consideration.

----

Halliburton Profit Climbs on Higher Revenue

Halliburton logged higher earnings and revenue in the second quarter thanks to gains in both its North American and overseas markets.

----

Adnoc to Proceed With $6.2 Billion Abu Dhabi Gas Project

Abu Dhabi National Oil Company said it took the final investment decision on the Umm Shaif Gas Cap project alongside TotalEnergies, Eni and the China National Petroleum Corporation.

----

Var Energi to Buy BlueNord in $1.3 Billion Deal

Var Energi-which operates on the Norwegian Continental Shelf-said the deal will increase its exposure to European gas markets and expands access to key infrastructure.

----

Energy & Utilities Roundup: Market Talk

Find insight on Tidewater Midstream and Infrastructure, crude futures, Var Energi and more in the latest Market Talks covering energy and utilities.

----

EU to Ease Methane Rules After U.S. Pressure

The Trump administration and industry groups had said the rules were too hard to comply with and could lead to energy shortages.

----

BP to Sell Austrian Mobility Business to Volenergy

The energy company agreed to sell its Austrian petrol station and EV charging businesses to Volenergy for an undisclosed sum, as it continues to exit the retail space.

(END) Dow Jones Newswires

July 22, 2026 00:00 ET (04:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.