Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency

The Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier for consumers to compare prices. Manufacturers believe this will lead to fairer competition and better transparency. The initiative also focuses on sustainable packaging practices. Consumers will benefit…

The Economic Times

Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security

Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lower carbon emissions. The technology supports farmers and rural communities, linking agriculture with clean mobility. This initiative is a key step towards India's energy security and self-reliance. The…

The Economic Times

More oil escapes Hormuz, keeping traders guessing

Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is widespread. This makes it harder to gauge market flows. Oil on water in the Gulf has dropped. This shows outflows are inching higher. The market…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Ukraine-Russia war latest: Putin’s UK envoy admits war has ‘cost a lot’ as drone strike overshadows ‘Russian Davos’

Russian diplomat says ‘we cannot lose this war’ as he admits Ukrainian forces have caused major damage to Russian oil infrastructure

The Independent UK

Rachel Roddy’s recipe for baked fish and potatoes with oregano and lemon mayonnaise

Layers of oregano bring a pungent earthiness to this simple supper of baked white fish and spuds

The Guardian - UK

IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?

InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Israel-Iran conflict further impacted operations with airspace restrictions and rising oil prices, leading to a net loss in Q4 FY26. Analysts remain cautious, with the outlook dependent on oil prices and…

The Economic Times

Global Market: Japanese bond yields mixed as BOJ rate-hike expectations and inflation concerns shape sentiment

Japanese government bond yields saw mixed trading as investors weighed the Bank of Japan's potential interest rate hike against global inflation worries. Governor Ueda's hawkish remarks fueled expectations of a rate increase in June, signaling a shift towards tighter monetary policy. Meanwhile, rising oil prices due to geopolitical tensions kept…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Silver gains, gold nears Rs 1.6 lakh as Israel-Lebanon ceasefire fuel Middle East resolution hopes. Key levels to watch today

Gold and silver prices opened higher on Thursday, supported by a weaker U.S. dollar and easing crude oil. Investors are also monitoring optimism around a potential resolution to the U.S.-Israeli conflict with Iran. MCX silver futures for July 2026 rose Rs 753, while gold futures for August 2026 gained Rs…

The Economic Times

Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back

Asian shares have retreated following declines on Wall Street that snapped a nine-day winning streak for the S&P 500

AAP

Gold rises on softer dollar, oil as markets weigh US-Iran peace optimism

Gold prices saw a boost on Thursday, driven by a weaker dollar and declining crude oil. Hopes for a U.S.-Iran conflict resolution, following a ceasefire agreement between Israel and Lebanon, are influencing market sentiment. Analysts anticipate a period of fluctuating trade with a slight upward trend for gold towards year-end.

The Economic Times

Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other cities

Petrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crude oil prices, nearing $95 per barrel, are fueling speculation about potential hikes. Such an increase could significantly impact household budgets, transportation costs, and overall inflation, making future fuel…

The Economic Times

Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?

Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran tensions. The U.S. House also passed a resolution limiting President Trump's military action against Tehran. Despite these developments, analysts warn that disruptions in the Strait of Hormuz could significantly impact global…

The Economic Times

Dollar clings to 2-month high as Gulf hostilities flare, yen wobbles near intervention zone

Heightened Middle East tensions, including Iranian attacks and U.S. strikes, propelled oil prices and boosted the dollar's safe-haven appeal near a two-month peak. The yen teetered around the 160 mark, sparking intervention fears. Meanwhile, strong U.S. services inflation data reinforced expectations of sustained high interest rates, while the Bank of…

The Economic Times

Why This Modi-Trump Meeting Could Change More Than Trade

The world is watching France. Not because of a major conflict or economic crisis, but because two of the world's most influential leaders may soon find themselves in the same room. Prime Minister Narendra Modi and US President Donald Trump have not met in person since February 2025. Since then,…

MyLifeXP

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Muted opening likely as GIFT Nifty indicates a negative start for D-St

Nifty resumed its downward trend, falling on Wednesday due to geopolitical tensions in West Asia and elevated crude oil prices. Persistent FII outflows and a depreciating rupee further pressured the market. Analysts anticipate continued volatility as tensions escalate.

The Economic Times

Global Market Today: Asian stocks drop after Broadcom outlook, oil dips

Asian markets and US futures declined. Broadcom's weak forecast impacted investor sentiment. Renewed US-Iran clashes also weighed on markets. However, a ceasefire between Israel and Lebanon brought some relief. Brent crude prices saw a slight dip following this development. Investors are closely watching geopolitical events.

AAP

Asia stocks slide on flare-up of Mideast hostilities

Stocks on Wall Street tumbled overnight, with the S&P 500 falling 0.7 per cent and oil prices rising as hostilities in the Middle East erupted anew.

The Economic Times

Oil Price Prediction: Oil prices climb toward $100 as US stocks end record rally

Oil price prediction remains a major topic for investors as oil prices moved closer to $100 per barrel following renewed tensions involving the United States and Iran. The rise in crude oil prices affected stock markets, bond yields, borrowing costs, and inflation concerns. While Wall Street ended a record-winning streak,…

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Cotton Posts Mixed Action on Wednesday

Cotton futures posted weakness in the front months of 3 to 31 points, with deferred contracts steady to 26 points higher on Wednesday. The US dollar index was up $0.301 at $99.785. Crude Oil was another $2.44 higher to $96.20. The Seam reported sales on 137 bales on Tuesday at...

Barchart

Soybeans Fall into Wednesday’s Close

Soybeans broke to the downside on Wednesday, with contracts down 8 ½ to 11 ¼ cents at the close. The cmdtyView national average Cash Bean price was down 11 1/4 cents at $10.95 1/2. Soymeal futures were 60 cents to $5.40 lower, with Soy Oil futures 30 to 71 points...

AAP

Spanish hotel chain Meliá to shutter hotels in Cuba in latest blow to island's tourism sector

Spanish hotel chain Meliá has joined a growing list of companies with a long-standing presence in Cuba that are withdrawing or limiting their operations on the island after the U.S. announced new sanctions while upholding an oil embargo

The Independent UK

Hotel chain latest to shutter business in Cuba in latest blow to island’s tourism

News follows new US sanctions and an ongoing oil embargo

AAP

How major US stock indexes fared Wednesday 6/3/2026

Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records

The Economic Times

US Fed says Iran war driving 'moderate-to-strong' inflation

US inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Higher oil prices disrupted supply chains and lifted input costs, while consumer spending showed widening inequality, with lower-income households facing rising financial strain.

The Economic Times

US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate

Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers stayed resilient on AI optimism. Strong services data and steady labor conditions contrasted with geopolitical risks, while expectations for a potential Fed rate hike…

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.