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The IEA says US gasoline consumption surprised on the upside, averaging +1.5% YoY in March–April and reversing a 12‑month decline. Pump prices have risen nearly 50% since the conflict began, yet demand grew; preliminary data show growth slowed in May

2026-07-10

The IEA says US gasoline consumption surprised on the upside, averaging +1.5% YoY in March–April and reversing a 12‑month decline. Pump prices have risen nearly 50% since the conflict began, yet demand grew; preliminary data show growth slowed in May–June. US drivers account for almost one‑third of global gasoline use, making US demand pivotal for markets. The IEA cautioned some recent gains may reflect stockpiling and expects demand growth to revert toward historical trends by 2027.

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2026-07-10

OpenAI launched ChatGPT Work, an AI agent designed to run for hours to handle broader, more complex tasks and to expand appeal to business professionals. The tool assists with creating documents, spreadsheets, presentations and web applications and i

OpenAI launched ChatGPT Work, an AI agent designed to run for hours to handle broader, more complex tasks and to expand appeal to business professionals. The tool assists with creating documents, spreadsheets, presentations and web applications and is powered by OpenAI's latest model, GPT-5.6.
2026-07-10

Former U.S. Marine Corps officer Dan Grazier stated that the U.S. response to Iran's attacks on merchant ships in the Strait of Hormuz was "reciprocal," but Washington needs to find a way to stop the conflict. He pointed out that the U.S. military st

Former U.S. Marine Corps officer Dan Grazier stated that the U.S. response to Iran's attacks on merchant ships in the Strait of Hormuz was "reciprocal," but Washington needs to find a way to stop the conflict. He pointed out that the U.S. military struck military installations off Iran's southern coast, as well as "speedboats" used to harass ships that did not obtain permission from Tehran to pass through the strait. He said, "When Iran is not trying to project its military power to areas far from its homeland, it has a huge advantage. They can create significant problems for the U.S. and Israel with just a few small-scale disruption operations." "Therefore, officials in Washington should really try to end this conflict, because this asymmetric warfare is a thorny military problem, and frankly, the U.S. has not yet found a solution."
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