U.S. crude oil futures closed sharply down by 7.5%. Specifically, WTI crude oil futures for September delivery dropped $6.70, a decline of 7.50%—marking the second consecutive day of retreat—to settle at $82.61 per barrel. In the Middle East, Abu Dhabi Murban crude oil futures fell even further by 12.57%, also declining for a second straight day, closing at $84.85 per barrel. In addition, NYMEX natural gas futures for August delivery closed at $2.7670 per million British thermal units; NYMEX ga

SpaceX (SPCX.US): The Falcon 9 rocket has been erected and positioned in Florida and California, ready for today's upcoming launch mission.

Head of Iran's Energy Optimization Organization: In the first plan, gasoline prices remain unchanged, but the total allocation is capped at 121 million liters; once used up, refueling will stop. In the second plan, the daily production of 121 million liters of gasoline will be distributed among vehicles, and anyone wishing to exceed their quota must purchase gasoline at the free market price. In the third plan, gasoline quotas are allocated to citizens, with each person receiving 30 liters per

Head of Iran’s Energy Optimization Organization: As part of three proposals currently under review for managing Iran’s gasoline supply, the country is considering a plan to allocate 30 liters of gasoline per person each month, with this quota being transferable and tradable.

According to The Information, Nvidia (NVDA.US) is in talks to invest $3 billion in SB Energy as part of the OpenAI data center deal.