Today in News History

On July 8, several notable moments in the history of News stand out. In 1099, Some 15,000 starving Christian soldiers begin the siege of Jerusalem by marching in a religious procession around the city as its Muslim defenders watch. In 1776, Church bells (possibly including the Liberty Bell) are rung after John Nixon delivers the first public reading of the Declaration of Independence of the United States. In 1839, John D. Rockefeller, American businessman and philanthropist, founded the Standard Oil Company (died 1937) was born. In 1864, Ikedaya Incident: The Choshu Han shishi's planned Shinsengumi sabotage on Kyoto, Japan at Ikedaya. In 1932, The Dow Jones Industrial Average reaches its lowest level of the Great Depression, closing at 41.22. In 1937, Turkey, Iran, Iraq, and Afghanistan sign the Treaty of Saadabad. In 1942, Refik Saydam, Turkish physician and politician, 5th Prime Minister of Turkey (born 1881) passed away. In 1947, Reports are broadcast that a UFO crash-landed in Roswell, New Mexico in what became known as the Roswell UFO incident. In 1982, A failed assassination attempt against Iraqi president Saddam Hussein results in the Dujail Massacre over the next several months. In 2014, Israel launches an offensive on Gaza amid rising tensions following the kidnapping and murder of three Israeli teenagers. Together, these milestones provide historical context for today's news news and ongoing narratives.

Oil prices spike again following US and Iran’s latest ‘tit-for-tat’ in the Middle East

Sky News Australia

Sky News Australia

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July 8, 2026

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Video

CommSec’s James Gruber claims oil prices have spiked again after Iran and the US traded attacks. “Oil prices spiking; they’re up over five per cent, the spot oil prices,” he told Sky News Australia. “That’s after Iran and the US tit-for-tat in the Middle East.” Presented by CommSec.

Narrative Intelligence Brief

This article was published by Sky News Australia, a source frequently categorized with a right bias based in Australia. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of Sky News Australia, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.

Analysis Methodology
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