local
Oil prices jump as fighting flares in the Middle East, while Asian shares are mixed
By Elaine Kurtenbach, Associated Press at KPRC 2 / Click2Houston (NBC)
· July 14, 2026
· 3 min read
Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares were mixed as markets in Tokyo and Seoul rebounded from early losses. The price of Brent crude climbed more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude was up ...
Key takeaway The price of Brent crude climbed more than 2.
Why this matters in The Piney Point
For residents of Piney Point Village , the surge in oil prices due to Middle East tensions will likely be felt at the gas pump, potentially leading to increased commuting costs for those who drive to work in the Houston area. As a major energy hub, Houston's economy is closely tied to the oil industry, and fluctuations in oil prices can have a ripple effect on local businesses and consumers. With many Piney Point Village residents likely commuting to jobs in the energy sector, the impact of rising oil prices could be particularly pronounced. Additionally, the decline in Asian stocks, driven in part by losses in artificial intelligence stocks, may also have implications for local tech companies and investors in the Houston area, which has a growing tech industry. As the situation continues to unfold, Piney Point Village residents will be watching to see how these global events affect their daily lives and the local economy.
About this story
Original reporting by KPRC 2 / Click2Houston (NBC) . The Piney Point surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KPRC 2 / Click2Houston (NBC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: KPRC 2 / Click2Houston (NBC) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares were mixed as markets in Tokyo and Seoul rebounded from early losses. The price of Brent crude climbed more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude was up ...
When was this published? This article was first published on July 14, 2026 by KPRC 2 / Click2Houston (NBC) and curated for The Piney Point readers.
Who reported this story? This story was reported by Elaine Kurtenbach, Associated Press at KPRC 2 / Click2Houston (NBC). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Piney Point, or browse our daily briefing and topic hubs .
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