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Oil prices jump over 2.7% after U.S. strikes Iran for attacks on vessels in Strait of Hormuz

Market News
07 Jul 2026
CNBC
View Source
Bearish
pluang ai news

Oil prices surged after the U.S. launched strikes on Iran in response to attacks on three commercial vessels in the strategic Strait of Hormuz. West Texas Intermediate rose 2.87% to $72.46 per barrel, and Brent crude increased 2.75% to $76.18 per barrel. The U.S. military warned Iran of heavy consequences for violating a fragile ceasefire that had reopened the waterway. The situation escalates tensions in the region and raises risks for global oil supply stability.

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Secret Network plans to move SCRT token to Arbitrum due to AI-driven security risks in old Cosmos code.

Secret Network plans to move SCRT token to Arbitrum due to AI-driven security risks in old Cosmos code.

Secret Network is proposing to migrate its SCRT token from the Cosmos blockchain to Ethereum's Arbitrum Layer 2, citing security vulnerabilities in its aging Cosmos code that are increasingly exposed to AI-powered exploits. This move follows a $4.7 m...

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OpenAI to launch GPT-5.6 Sol, Terra, and Luna AI models Thursday with cautious rollout.

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OpenAI announced the public launch of its GPT-5.6 AI model family, including Sol, Terra, and Luna, scheduled for Thursday. Sol is the most advanced model, Terra offers mid-level performance at half the cost, and Luna targets budget-conscious users. T...

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4 hours ago
Anaqua renews partnership with Sony to boost innovation via advanced IP management and AI tools.

Anaqua renews partnership with Sony to boost innovation via advanced IP management and AI tools.

Anaqua has renewed its partnership with Sony to enhance the strategic role of intellectual property (IP) in Sony's business growth and innovation. Since 2018, Anaqua has supported Sony in managing its global IP assets, including patents and trademark...

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Anaqua renews deal with Sony to boost IP innovation using AI-powered tech.

Anaqua renews deal with Sony to boost IP innovation using AI-powered tech.

Anaqua has renewed its partnership with Sony to support the company's intellectual property (IP) management and innovation strategy. Since 2018, Anaqua has provided Sony with its IP management platform and services, and the renewed agreement includes...

Company Fundamentals
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Bone Biologics raises $3M via private placement, with potential $6M more from warrants.

Bone Biologics raises $3M via private placement, with potential $6M more from warrants.

Bone Biologics Corporation announced a private placement deal raising $3 million upfront by issuing common stock and warrants priced at $1.42 each. The company may raise an additional $6 million if all warrants are exercised by July 2026. Proceeds wi...

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