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Oil prices rise amid US-Iran tensions over potential strikes on Iran's infrastructure

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

Oil prices increased as tensions escalated between the US and Iran, with Iran threatening to retaliate against regional infrastructure if the US strikes its key facilities. US West Texas Intermediate futures rose 1.32% to $80.09 per barrel, while Brent futures gained 1.33% to $85.35 per barrel. Despite the threats, experts believe a limited agreement remains possible due to economic incentives on both sides, including Iran's access to frozen assets and export waivers. The situation remains volatile as diplomatic talks continue.

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Aduro and ECOCE advance to HCT testing for recycling Mexico's flexible plastic waste streams.

Aduro and ECOCE advance to HCT testing for recycling Mexico's flexible plastic waste streams.

Aduro Clean Technologies and ECOCE have completed phase 1 of mapping flexible plastic waste streams in Mexico, estimated at 1.5 million tonnes annually. They are now moving selected post-consumer flexible packaging materials into Hydrochemolytic™ (HC...

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Bullish
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Aduro and ECOCE complete Phase 1 of mapping flexible plastic waste in Mexico, starting HCT testing for circular recycling.

Aduro and ECOCE complete Phase 1 of mapping flexible plastic waste in Mexico, starting HCT testing for circular recycling.

Aduro Clean Technologies and ECOCE have successfully completed Phase 1 of mapping flexible and multilayer plastic waste streams in Mexico, estimated at 1.5 million tons annually. The project now moves into testing these materials using Aduro's Hydroc...

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1 hour ago
Venezuela's Binance P2P USDT trading rivals monthly oil export value, showing crypto's growing role in foreign currency.

Venezuela's Binance P2P USDT trading rivals monthly oil export value, showing crypto's growing role in foreign currency.

Between June 11 and July 13, 2026, Venezuela's Binance peer-to-peer (P2P) market traded 1.389 billion USDT, averaging about $44 million daily. This volume is estimated to be roughly 52-75% of the country's monthly oil export value, highlighting the s...

Market News
Neutral
4 hours ago
Polygon users surge 78% amid rising payments and AI projects, with price showing early signs of recovery.

Polygon users surge 78% amid rising payments and AI projects, with price showing early signs of recovery.

Polygon's network saw a 78% increase in wallet holders, rising from 138K to 245K in one month, driven by a spike in payments and AI project integration. Monthly crypto card volume surged over 122%, reaching $30.5 million in July so far, while the net...

Protocol Fundamentals
Bullish
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Adobe's AI platform hits $300M ARR, boosting growth despite stock drop and competition.

Adobe's AI platform hits $300M ARR, boosting growth despite stock drop and competition.

Adobe's Firefly AI platform has reached over $300 million in annual recurring revenue, demonstrating strong adoption of its AI and freemium strategy. Despite a roughly 30% decline in its stock price year-to-date, Adobe shows resilient momentum with a...

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