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US markets retreat, oil prices jump more than 5% after Trump says ceasefire with Iran is 'over'

Business

Oil prices are rising, and stock markets are dropping worldwide after President Donald Trump raised doubts about the temporary truce in the war with Iran.

Jul 12, 2026 - KAKE News - ArticleOpen source
Trump admin strikes $26 million settlement deal with Keystone Pipeline operator for 2022 oil spill

News

South Bow LP, the owner of the pipeline, agreed to pay a $26 million civil penalty and make $40 million in fixes to prevent future pipeline spills, the Environmental Protection

Jul 12, 2026 - KAKE News - ArticleOpen source
Why is premium gas so expensive? More Americans are filling their cars with it
BusinessMadison, WIKAKE News

Business

A billboard shows an advertisement for Ethyl gasoline at a Diamond D-X Service Station in Madison, Wisconsin, in May 1935.

Jul 4, 2026 - KAKE News - ArticleOpen source