$72 Million Shadow-Fleet Oil Cargo Threatened by Oman Spill, Markets Unshaken

The oil spill off Oman represents a significant environmental burden but has not disrupted crude supply on a large scale so far. Salvage efforts for the Caroline Bezengi remain stalled due to monsoon conditions and hazardous rocky shallows. The stranded tanker was transporting roughly 800,000 barrels of Russian crude.

Phillips 66 Shares Approach All-Time High After Refiners Post Biggest Profit Since 2022, Surpassing Analyst Estimates

Phillips 66 Shares Approach All-Time High After Refiners Post Biggest Profit Since 2022, Surpassing Analyst Estimates

NEW YORK, August 14, 2026, 14:00 EDT — Phillips 66 hovered just below a record high on Friday as U.S. refiners delivered their highest combined quarterly profit since 2022. However, the stock currently trades above the average target set by Wall Street analysts, putting the focus on capital allocation as the next key issue for investors instead of the latest earnings outperformance.
14 August 2026
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