Isaac Francis

• President Donald Trump said the U.S. was reinstating a naval blockade on Iran after Tehran claimed it had closed the Strait of Hormuz.
• Oil prices rose as traders weighed disruption risk through a route that carried about 20 million barrels per day in 2024, equal to around 20% of global petroleum liquids consumption.
• The main sector issue is whether higher crude prices, tanker rates, and geopolitical risk premiums can offset supply, insurance, shipping, and demand risks.

Coca-Cola (NYSE:KO) suspended Fairlife’s U.S. production on July 16 after ransomware-related access to its production systems.

Cloudastructure (NASDAQ:CSAI) reported Q1 revenue of $1.315 million, up 78%, while gross profit increased 115% to $710,000.

Solstice Advanced Materials (NASDAQ:SOLS) declared a regular quarterly dividend of $0.075 per common share, payable on September 10, 2026.

Fifth Third Bancorp (NYSE:FITB) reported Q2 2026 EPS of $0.83 and adjusted EPS of $1.02, supported by organic growth and Comerica integration.

Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.

Bitcoin (CRYPTO:BTC) fell below US$64,000 after reports of a US strike on Iran and fresh comments from US President Donald Trump on China unsettled financial markets.

Imperial Pacific (ASX:IPC) posted a net gain of $2.6 million for the financial year ended June 30, driven by strong earnings.

Bitcoin (CRYPTO:BTC) holdings controlled by exchanges, institutional investors and public companies have surpassed the estimated 1.1 million BTC believed to belong to Bitcoin creator Satoshi Nakamoto.

Neurizon Therapeutics (ASX:NUZ) has finished participant enrolment for Regimen I of the HEALEY ALS Platform Trial.