EIA crude oil inventories actual 2.01M, forecast -1.95M, previous -1.692M.

The US has collected an estimated 13 billion dollars from Venezuelan oil exports since taking control of the country's oil sales in January, with little transparency about where the money has gone.

Trump administration will provide Congress an agreement on Saudi nuclear power lacking safeguards, sources say.

US API crude stock at Cushing changed by -0.737 million barrels, compared to a previous -0.238 million barrels.

US API gasoline stock change actual -1.379M barrels, following a previous -1.664M barrels.

US Secretary of Defense Hegseth states the Iran war has cost $37.5 billion so far.

President Trump said he would handle a possible Red Sea blockade if it occurs.

Gasoline margins are easing near a four-year high as the Houthi blockade continues.

U.S. national average gasoline price topped $4 per gallon on July 20, rising from $3.8720 a week earlier amid Middle East hostilities and Strait of Hormuz disruptions.

The US is sending additional aircraft to the Middle East as President Trump considers widening the war against Iran, according to CNN.

16 U.S. service members have been killed and over 400 injured since the war began on February 28.

President Trump praised Giant Eagle for lowering prices on over 300 products and called on other grocery chains to do the same, crediting his administration for falling costs on oil, gas, eggs, and drugs while blaming the previous administration for high inflation.

Iran's Revolutionary Guards warn that the Strait of Hormuz will remain unsafe for oil and gas shipments as long as US operations continue.

The US dollar strengthens as US-Iran conflict escalates, pushing Brent crude above $90 per barrel.

The US is deploying additional F-16 and F-35 fighters and aerial refueling aircraft to the Middle East; the deployment was ordered before an Iranian attack in Jordan that killed two US soldiers.

A tropical storm threat has emerged in the Gulf of America, with potential impacts on US refineries.

Iran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.

Iran's Supreme Leader issued a message stating that US violations of agreements prove America's lies and the impossibility of trusting it.

The U.S. Strategic Petroleum Reserve has fallen to its lowest level since 1983 amid the Iran War, reducing the buffer against oil shocks.