Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal

Psilocybin mushrooms stand ready for harvest in a humidified “fruiting chamber.” John Moore | Getty Images Thursday’s announcement that Eli Lilly will acquire AtaiBeckley, a clinical-stage maker of psychedelic drugs, for up to $3.8 billion indicates Big Pharma’s increasing embrace of a long-stigmatized class of medications as alternatives for treating an array of mental health…

Microsoft shares rose in extended trading on Wednesday after the software maker disclosed strong fiscal fourth-quarter revenue. The stock edged up 3% in extended trading. Here’s how the company did relative to LSEG consensus: Earnings per share: $4.74 adjusted. That may not compare with the $4.24 adj. per share expected by LSEG Revenue: $90.01 billion…

AI models are developing rapidly, and Washington may be struggling to keep pace with the cybersecurity vulnerabilities they may expose. President Trump’s June executive order attempts to narrow that gap by creating a voluntary framework for certain frontier models and directing federal agencies to strengthen cyber defenses, identify vulnerabilities, and coordinate patching. But the order…

Shares of Australia’s Sunrise Energy Metals jumped as much as 29% on Monday after the rare earth miner secured a $400 million investment in long-term debt financing from the U.S. to support the development of the world’s first primary mine for scandium. The Trump administration’s backing for Sunrise comes as major economies seek to shore…

en English Longer Reads Jul 17, 2026 Harold James Like many advanced democracies, France has long cycled between periods in which its politics were divided along traditional left-right redistributionist lines, and those in which culture war issues took center stage. If…

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region’s oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. On Sunday, U.S. Vice President JD…