ESA Habitat Rule Rollback Faces Fight
The Trump administration asked a federal court to dismiss four lawsuits challenging its Endangered Species Act habitat-rule rollback, in motions filed in California.
The Trump administration asked a federal court to dismiss four lawsuits challenging its Endangered Species Act habitat-rule rollback, in motions filed in California.
Oil prices slid Friday morning after U.S. President Donald Trump touted "productive discussions" with Iran and said that he will not order attacks on the Islamic Republic ahead of the midterm elections on Nov. 3.
Brent remained above $100 bbl as crude futures rallied their most in a month Thursday amid renewed Iranian attacks on vessels in the Strait of Hormuz that turned the Middle East's preeminent route for energy back into a flashpoint.
Oil prices jumped Thursday morning amid growing supply risks as Iran was stepping up attacks on tankers in the Strait of Hormuz, and the first Hurricane of the season forced shut a quarter of U.S. offshore oil production.
Oil prices edged higher Wednesday morning as threats to Middle Eastern flows and tightening global fuel supplies outweighed the rebound in crude oil exports from the region.
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On Thursday at 7 a.m. CDT, Brazil's National Supply Company (CONAB) will release the first survey of the 2026-27 Brazilian soybean and corn crops. Later on, the Energy Information Administration will release the weekly Petroleum Status Report at 9:30 a.m. CDT. Otherwise, traders will continue to monitor the conflicts in the Middle East and Black Sea.
WeatherA storm system in the Central Plains is producing widespread showers and thunderstorms Thursday morning. The system will move northeast through the Midwest throughout the day, spreading showers across much of the Corn Belt. Some pockets of heavy rain will still occur. Breezy winds will occur across the Northern Plains as well, ushering in some colder air behind the system.
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