Oil prices today: U.S. crude above $83

Oil prices rose Tuesday after an Iranian official said the Strait of Hormuz will not reopen until Tehran’s conditions are met. U.S. West Texas Intermediate futures were 1.4% higher at $83.27 per barrel by 11:53 a.m. ET. Brent crude, the international benchmark, was up 1.3% at $88.85 per barrel. The secretary of Iran’s Supreme National Security Council…

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Hong, Flanagan, Craig run in key races

Wisconsin Democratic Gubernatorial candidate Francesca Hong speaks during a campaign rally on August 2, 2026 in Milwaukee, Wisconsin. Joshua Lott | Getty Images Progressives and moderates will face off again in Tuesday’s Democratic primary elections in Wisconsin and Minnesota as the party decides whether to lurch further to the left or chart toward the middle…

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Trump pressure and what comes next

The ExxonMobil and Chevron company logos are displayed on the floor of the New York Stock Exchange during morning trading on July 24, 2026 in New York City. Michael M. Santiago | Getty Images Big Oil enjoyed a blockbuster profit windfall in the second quarter. A key question now is whether the industry will use…

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