Wall Street Breakfast Wall Street Breakfast

Oil futures surge on strikes

Jul 8, 2026 · 5m

Summary

Host Julie Morgan covers U.S. strikes on Iran, which caused crude oil prices to surge and raised concerns over the ceasefire agreement. The episode also details Oklahoma’s lawsuit against Allstate for allegedly minimizing storm damage claims. Additionally, it discusses media giants like Netflix and Disney bidding for 2030 and 2034 World Cup rights. Finally, the show highlights market trends, including a cooling AI rally, Exxon’s earnings boost, and key economic data releases.

Topics discussed

Introduction and host welcome U.S. strikes on Iran and oil sales revocation Crude oil price surge following strikes Oklahoma AG sues Allstate over claims practices Media companies bidding for 2030 World Cup rights Trending articles: Nasdaq, Cospi, and Exxon Catalyst watch: J&J, Aerovironment, and Ray Summit Market movers and economic calendar Sign-off and Seeking Alpha promotion
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