--- title: "Dow Jones Top Energy Headlines at 4 AM ET: Brent Above $90 As Hormuz Deal Prospects Dim | Integration ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/296196931.md" description: "Brent crude rose above $90 as Strait of Hormuz peace prospects dimmed. Energy sector activity intensified with Gulf States ramping up oil/gas spending and companies acquiring assets from fund managers. BP partnered with XRG on Venezuelan gas, while Form Energy raised $750M for long-duration batteries. Meanwhile, U.S. crude stockpiles saw an unexpected build, and AI's energy impact shifted focus toward the oil patch." datetime: "2026-08-18T08:29:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296196931.md) - [en](https://longbridge.com/en/news/296196931.md) - [zh-HK](https://longbridge.com/zh-HK/news/296196931.md) generator: "portal-rs" --- # Dow Jones Top Energy Headlines at 4 AM ET: Brent Above $90 As Hormuz Deal Prospects Dim | Integration ... Brent Above $90 As Hormuz Deal Prospects Dim Brent crude rose above $90 a barrel as prospects for a near-term peace deal to reopen the Strait of Hormuz faded. ---- Integration in Natural-Gas Industry Drives Exit Activity Companies looking to tap new sources of profit are buying businesses from energy-focused fund managers. ---- Gulf States Are Drilling Through the War. 3 Stocks That Are Benefiting. Middle East countries are ramping up spending on oil and gas projects. How to invest. ---- Energy & Utilities Roundup: Market Talk Find insight on oil futures in the latest Market Talks covering Energy and Utilities. ---- This Sprawling Chinese Refinery Is Bankrolling Tehran Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies trading with Iran. ---- BP, XRG Partner on Venezuelan Offshore Gas Development as Oil Majors Tentatively Return The companies received an exploration and production license that could give them access to an estimated 4 trillion cubic feet of recoverable gas. ---- Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil. ---- Elon Musk, the World's Most Famous EV Pioneer, Leans Into Fossil Fuels SpaceX is planning a Texas natural gas plant to power a new chip facility, while gas turbines are already being used for campuses in Tennessee and Mississippi. ---- AI's Biggest Energy Impact Might Be in the Oil Patch, Not the Data Center Plus: China's surging clean-tech exports, lithium-free batteries, Strategic Petroleum Reserve shrinks below 300 million barrels. ---- Orsted Says All Projects on Schedule After Impairments Hit Profit Higher taxes and increases in long-dated U.S. interest rates-as well as last year's gains on asset sales-hurt profit. ---- U.S. Crude Oil Stockpiles Post Unexpected Build Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 17.4 million barrels to 424.4 million barrels in the week ended Aug. 7 and were about 2% below the five-year average for the time of year, the EIA said ---- Energy Startup Raises $750 Million for Rust-Powered Batteries Form Energy's fundraising has surpassed $2 billion for batteries that can continuously run for 100 hours. (END) Dow Jones Newswires August 18, 2026 04:15 ET (08:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [BP.US](https://longbridge.com/en/quote/BP.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [ERY.US](https://longbridge.com/en/quote/ERY.US.md) - [DUG.US](https://longbridge.com/en/quote/DUG.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [03097.HK](https://longbridge.com/en/quote/03097.HK.md) - [600346.CN](https://longbridge.com/en/quote/600346.CN.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) ## Related News & Research - [Oil prices steady as investors assess US-Iran war outlook](https://longbridge.com/en/news/296417823.md) - [Oil extends climb on prolonged Hormuz export uncertainty](https://longbridge.com/en/news/296302371.md) - [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md) - [US Cash Crude-Grades mixed as US crude stocks fall, Aramco loads oil inside Hormuz](https://longbridge.com/en/news/296273698.md) - [ROI-ENERGY WATCH: Some summer lull](https://longbridge.com/en/news/296128285.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**