Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.

Oil rose in early trade on possible position adjustments before the expected resumption of U.S.-Iran talks following the funeral of Iran’s former Supreme Leader Ali Khamenei.

The US has revoked a general licence that had temporarily authorised the production, delivery and sale of Iranian-origin crude oil and petroleum products following recent tanker attacks near the Strait of Hormuz,

Crude oil prices jumped Thursday as the U.S. revoked Iran's oil sales authorization following fresh Iranian attacks on shipping in the Strait of Hormuz. U.S. crude futures rose 2.8% to $70.44 a barrel as Iran apparently attacked multiple commercial ships overnight.

Samsung Electronics Co.’s quarterly profit surged 19-fold but failed to impress investors used to eye-catching growth from the suppliers of AI chips.

Samsung Electronics' stock price opened at 309,000 Korean won on the 7th, down 2.83% from the previous day's close. As of 10:33 a.m., it has fallen 7.55% to 294,000 Korean won, breaking below the 300,

Samsung Electronics stock dived even after it forecast a 19-fold increase in operating profit from the same period a year earlier.

Samsung Electronics shares fell even after record preliminary second-quarter profit as capex and demand concerns clouded the outlook.

"Well, I think it certainly sends a symbolic message out there to everyone that puts them on notice in case they hadn't been noticing that Texas really is, a substantial place in this regard," said Ray Perryman,

The Texas Stock Exchange will commence trading on Monday, kickstarting the first real test of one of the most well-funded new exchanges to launch in decades.

The doors opened today on the nation's newest stock exchange. The Texas Stock Exchange out of Dallas is part of the state's push to challenge Wall Street's dominance.

The Texas Stock Exchange starts test trading as it prepares to compete with Nasdaq and the New York Stock Exchange.