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News alert: Gas hits $4 again
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The ceasefire didn't hold — and neither did the price relief.
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Gas prices climb back above $4 a gallon as U.S.-Iran
fighting resumes
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The national average for a gallon of gasoline crossed $4 on Monday, according to AAA, as the U.S. reimposed a naval blockade around Iranian ports and resumed attacks, driving energy prices higher again. Brent crude rose above $90 a barrel. The return to $4 gas erases the brief relief that followed last
month's ceasefire deal — prices had dipped below $4 in mid-June before the agreement collapsed. With midterm elections approaching in November, pump prices have become a sharp political liability for Republicans.
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positions China as the leader in open-source AI." data-linktype="Normal" style="color:#105C8E" target="_blank">
Xi positions China as the leader in open-source AI.
</a>
</strong>
President Xi Jinping urged nations to share AI openly and, in a jab at U.S. export controls, warned against placing security above others. Before his speech, 29 countries had joined a China-led AI bloc rivaling the U.S.-backed Pax Silica group.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:600px;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000" width="600">
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<td align="left" class="editor-cell-image td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:middle;width:200px;text-align:left;font-family:Arial,Helvetica,sans-serif;font-size:16px;color:#000000" width="200">
<a aria-label="J. David Ake / Getty Images" style="color:#168DD9" target="_blank" title="J. David Ake / Getty
Images">
<img alt="J. David Ake / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2278350716-sec-building-washington/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODQ1NTM3NTIuNDc0NTM5fQ:1wlnx2:CfYaw7lEwuMmx97xvGXXYTtvHqtwbRyUUHhzpUktxjk" style="width:200px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:380px;line-height:1.4;vertical-align:top;color:#000000;mso-line-height-rule:exactly" width="380">
<div>
<strong style="color:#105C8E">
<a data-linktext="The
SEC's plan to end quarterly earnings draws a flood of complaints" data-linktype="Normal" style="color:#105C8E" target="_blank">
The SEC's plan to end quarterly earnings draws a flood of complaints
</a>
</strong>
. The proposal, which would let companies file semiannual reports instead of quarterly ones, triggered the largest volume of responses in SEC history, and most of it was negative. The agency is likely to proceed despite the opposition.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:600px;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000" width="600">
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<a aria-label="Alex Brandon / AP Photo / Bloomberg via Getty Images" style="color:#168DD9" target="_blank" title="Alex Brandon / AP Photo / Bloomberg via Getty Images">
<img alt="Alex Brandon / AP Photo / Bloomberg via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252Ftrump%2520iran%2520speech-1920x1280.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODQ1NTM3NTIuNDc0ODk5OH0:1wlnx2:h0XwUPAPXoLkqr2BBBlVfm2Gb47hSlUDRyc1y5ORN84" style="width:200px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
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<div>
<strong style="color:#105C8E">
<a data-linktext="Trump
Media will sell early access to Trump's market-moving posts." data-linktype="Normal" style="color:#105C8E" target="_blank">
Trump Media will sell early access to Trump's market-moving posts.
</a>
</strong>
Starting Aug. 1, the paid feed will ring-fence posts from Truth Social's top accounts, including President Donald Trump's own. Watchdogs say Trump has a duty to share information freely but instead stands to profit as a Trump Media shareholder.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:600px;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000" width="600">
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<a aria-label="Mario
Tama / Getty Images" style="color:#168DD9" target="_blank" title="Mario Tama / Getty Images">
<img alt="Mario Tama / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2278705115.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODQ1NTM3NTIuNDc1MDE4N30:1wlnx2:UhEc2z6EuZ7Mei2RQDhQ3QuMb1nAGVeF4pAqF2qvHR4" style="width:200px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
<td class="editor-cell-text td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:380px;line-height:1.4;vertical-align:top;color:#000000;mso-line-height-rule:exactly" width="380">
<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="U.S.
prices for Chinese imports post their biggest jump since 2008." data-linktype="Normal" style="color:#105C8E" target="_blank">
U.S. prices for Chinese imports post their biggest jump since 2008.
</a>
</strong>
U.S. import prices rose 0.3% in June, defying forecasts of a 0.8% decline, as the China component climbed 0.9%. AI data centers drove the nonfuel gain, while import prices overall rose 7.1% year over year, the most since August 2022.
</div>
</td>
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<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:600px;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000" width="600">
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<strong style="font-size:14px;color:#168DD9">
<a data-linktext="TERMS OF SERVICE" data-linktype="Normal" style="color:#168DD9;text-decoration:none" target="_blank">
TERMS OF SERVICE
</a>
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<strong style="font-size: 14px">
|
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<a data-linktext="PRIVACY POLICY" data-linktype="Normal" style="color:#168DD9;text-decoration:none" target="_blank">
PRIVACY POLICY
</a>
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© 2025 QUARTZ MEDIA NETWORK (US), INC. ALL RIGHTS RESERVED.
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848 N. Rainbow Blvd. 3017 Las Vegas, NV 89107 United States
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