Falling Oil Prices Offer Relief to Global Markets
WSJ Minute Briefing

Falling Oil Prices Offer Relief to Global Markets

B2Upper-intermediateSeptember 25, 20262 min
  • News bulletin
  • Business & money

Plus: Cracks begin to show in Oracle’s AI data-center buildout. And Costco reports rising sales and higher profit. Luke Vargas hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Sentence 3 of 12 · 0:39

I'm Luke Vargas for The Wall Street Journal.

Iran offered to reopen the Strait of Hormuz within seven days.

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B2

B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 10%A2 59%B1 17%B2 14%C1 0%
  • 86% of the words are B1 or easier.
  • 235 words a minute: natural, fairly fast speech.
  • 26 harder words (B2 and up) in the whole episode.

Transcript

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0:30

Here's your morning brief for Friday, September 25th. I'm Luke Vargas for The Wall Street Journal. Oil prices are falling today as investors assessed the prospects for diplomacy after Iran offered to reopen the Strait of Hormuz within seven days.

0:47

Brent crude fell around 1 percent, while West Texas Intermediate fell almost 2 percent in early European trading. That retreat, which has played a big role in how bonds have traded this week, seems who have reassured investors and steadied the global bond sell-off, giving U.S. stock

1:02

futures relief and mostly lowering borrowing costs across Europe and Asia. Cracks are beginning to show in Oracle's massive AI data center build-out in New Mexico. Dubbed Project Jupiter, it's part of a blitz of deals to create computing power for OpenAI. But we report that the facility is facing local resistance.

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