Oil Markets · Developing story · 2 reports

Oil rises on fresh US strikes against Iran as Trump Media eyes paid Truth Social feed

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Oil rises on fresh US strikes against Iran as Trump Media eyes paid Truth Social feed

Jul 17, 2026

The CBS News segment opens with Wall Street and oil market updates amid renewed US-Iran tensions and retaliatory strikes. It reports rising oil and gas prices, contrasts pre-war levels (crude ~18% lower, gas ~32% lower), and ties consumer impacts to approaching midterms. The broadcast then pivots to Trump Media planning paid high-speed access to Truth Social posts and a White House teleprompter operator under investigation for prediction-market trading on presidential speeches. It relies on Axios reporter Madison Mills for analysis, live market graphics, and light banter about movie references; no primary documents or administration officials are shown.

Source: CBS News

Asian chip stocks slide as US strikes Iran for sixth night, Brent nears $85

Jul 17, 2026

Bloomberg Horizons Middle East & Africa covered the sixth day of US strikes on Iranian targets tied to Strait of Hormuz shipping, Iranian retaliation on US-allied bases, and resulting Brent crude rise above $85. Segments detailed Asian equity declines led by chipmakers amid AI spending concerns, with Nikkei and Taiwan indices sharply lower. Guests discussed market volatility, oil risks and potential diplomatic off-ramps. The program closed with President Trump’s primetime address alleging Chinese acquisition of 220 million US voter files from 2020 and previewed UK political developments.

Source: Bloomberg Television