The Morning Top Five — September 1, 2026
Will Trump's Venezuela oil deal ease U.S. gas prices?
The deal involves developing 17 strategic oil fields in Venezuela, an undertaking that experts said could take years.
Source: CBS MoneyWatch
Flaring Middle East Tensions Push Oil Prices Up
Plus, stocks fall and long-dated bond yields rise, while Amazon faces a new legal challenge.
Source: The Wall Street Journal
Chevron, ONGC and GE Vernova Near Final Venezuela Energy Deals
Chevron, India’s ONGC, GE Vernova, Eni and GeoPark are preparing to sign final energy agreements in Venezuela, bringing new foreign investment into the country’s oilfields and power infrastructure, Reuters reported Monday, citing five sources close to the preparations. Venezuela…
Source: OilPrice.com
Iran Weakened but Defiant After 6 Months of War
Six months after US and Israeli air strikes against Iran launched a conflict that has shaken energy markets and disrupted global shipping, there is still no clear end to the confrontation. While Iran's military capabilities have suffered major damage, it retains leverage in the…
Source: OilPrice.com
Canadian Stocks Slide Amid U.S.-Iran Re-escalation, Hawkish Fed Signals
(RTTNews) - Adding to Friday's losses, Canadian stocks moved lower on Monday following fresh escalation between the U.S. and Iran. Besides analyzing the possibility of a rate hike in the U.S., traders weighed the impact of the ongoing Canada-U.S. trade war on the economy.
Source: Nasdaq