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Wall Street ticks up in premarket, oil prices rise as Iran threatens to block energy exports
By Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate)
· July 15, 2026
· 3 min read
Stock indexes were mostly rising in premarket trading on Wall Street Wednesday and oil prices rose modestly after Iran threatened to block Middle East energy exports in retaliation for the U.S. resuming its blockade of Iranian ports. Futures for the S&P 500 inched up 0.1% before the opening bell,...
Key takeaway Morgan Stanley shares rose 2% in premarket trading after the bank reported revenue of $21.
Why this matters in The San Antonio
For San Antonio residents, the easing of US inflation and subsequent rally on Wall Street may have a direct impact on their daily lives, particularly when it comes to filling up their gas tanks. With benchmark US crude rising to $79.64 a barrel, locals can expect to see a potential increase in fuel prices, affecting their commute to work and overall cost of living. Additionally, the city's thriving business community, which relies heavily on transportation and logistics, may also feel the effects of increased oil prices and potential disruptions in the Strait of Hormuz. As investors watch for earnings reports from various companies, San Antonio's own economy, which is closely tied to the national market, will likely be influenced by the ongoing developments in the US-Iran situation and the Federal Reserve's decisions on interest rates.
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 15, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Stock indexes were mostly rising in premarket trading on Wall Street Wednesday and oil prices rose modestly after Iran threatened to block Middle East energy exports in retaliation for the U.S. resuming its blockade of Iranian ports. Futures for the S&P 500 inched up 0.1% before the opening bell,...
When was this published? This article was first published on July 15, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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