Oil prices rise another 3%, while Wall Street drifts in mixed trading

Summary by The San Antonio Editorial Desk · Based on reporting by Yuri Kageyama, Associated Press, KSAT 12 (ABC affiliate) · July 22, 2026 · 4 min read

The U.S. stock market is drifting in mixed trading Wednesday, while oil prices climb another 3% as fighting continues in the war with Iran . The S&P 500 added 0.1%, coming off its best day in three weeks , after swinging between modest losses and gains at the start of trading. The Dow Jones Indus...

Why this matters in The San Antonio

San Antonio's economy, heavily reliant on trade and commerce, is closely tied to global market trends. The recent fluctuations in Asian shares and rising oil prices may have a ripple effect on local businesses, particularly those involved in international trade. As Japan's imports and exports rose, the weakening yen could impact San Antonio's own export-driven industries, such as manufacturing and technology. Furthermore, the increase in oil prices could lead to higher inflation, affecting the cost of living for San Antonio residents and potentially slowing down the local economy. The Federal Reserve's potential response to rising inflation, including raising interest rates, could also have implications for San Antonio's housing market and small businesses. As the global economy continues to evolve, San Antonio businesses and residents should be aware of these trends and their potential impact on the local economy.

About this story

Original reporting by KSAT 12 (ABC affiliate). The San Antonio 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 KSAT 12 (ABC affiliate). Have a tip or correction? Contact our newsroom.

Category: local · Published: July 22, 2026 · Source: KSAT 12 (ABC affiliate) · Reading time: 4 min

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This article was first published on July 22, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.

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Summary created by	The San Antonio Editorial Desk — automated, rule-governed
Original reporting	Yuri Kageyama, Associated Press, KSAT 12 (ABC affiliate)
Original story	Read at the source
Source published	Jul 22, 2026
Indexed here	Jul 22, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

Oil prices rise another 3%, while Wall Street drifts in mixed trading

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