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The Latest Breaking News from Oil

Man Gets Coupon For Free Mobil 1 Oil Change. Then He Realizes There’s A Catch: ‘Order Me An Uber’

"Don’t tell us it’s your first oil change."

Motor1

How to invest during the war's second act

The war between the US and Iran is in its fifth month, and last week it escalated from military exchanges into something more dangerous for investors: the use of the world's energy arteries as a weapon. Brent crude has broken above $100 per barrel, its highest in two months, and…

Bangkok Post

Fed Decision, Big Tech Numbers And Oil: Investors Search For Fresh Cues

Policy decisions from key central banks and earnings of Big Four tech companies on the cards as oil hovers around dangerous terrain of $100 mark.

International Business Times

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EXCLUSIVE: US-Iran De-Escalation Is the Only Way to Lower Gas Prices, Analyst Says

The escalating tension in the U.S.-Iran war has rattled the global energy market, with supply chain disruptions leading to sharp increases in oil prices throughout markets as uncertainty looms over the Strait of Hormuz.

Benzinga

Good hand soap and spicy tahini: a hosting expert on how to throw a maximalist summer dinner

Chef Mariana Velásquez, author of Revel and Colombiana, shares how to pull together a last-minute soiree that feels thoughtful

The Guardian - US

Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian Media

An oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic progress between Iran and Oman. Regional sources indicated that US bombings in the area were intentionally paused. Military leaders cautioned against a broader campaign due to depleting missile interceptors. Iranian forces had…

The Economic Times

Iraq Advances Gas Field Deal With ConocoPhillips, Moves Forward With Mediterranean Pipeline To Bypass Hormuz Risks

Iraq will begin discussions with a consortium including ConocoPhillips Co. (NYSE:COP) on the exploration and development of the Akkas field and its surrounding areas, the country’s cabinet said.

Benzinga

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Ahead of Market: 10 things that will decide stock market action on Monday

Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid rising US yields and global uncertainty. Analysts flag key technical levels for Nifty, while stock-specific action and broader market resilience remain in focus.

The Economic Times

US Fed action, oil swings to test bullion as traders eye West Asia risks: Analysts

This week is pivotal for gold and silver amid the anticipation of the Federal Reserve's interest rate decision. Market participants are poised to react to fluctuations in oil prices and the ongoing tensions between the US and Iran. Additionally, critical economic indicators and announcements from central banks will significantly influence…

The Economic Times

From the strait of Hormuz to the North Sea, a global maritime war rages around us – and more than the price of oil is at stake

The collapse of the rules-based order is not confined to the land: we’re imperilled as centuries of maritime cooperation sink beneath the waves, says foreign affairs commentator Simon Tisdall

The Guardian - UK

Iran-US war latest: Trump pauses nightly attacks to make room for talks, says ambassador

The tanker had reportedly left an Iran-approved route in the vital shipping route

The Independent UK

'Ryo Wo Toru' Is the Japanese Philosophy All About Capturing Coolness at Home — Here Are 4 Tips to Harness This Summer

From wind chimes and bamboo screens to minty fragrances and water sprinkling, these tricks will come in handy in the heat

Livingetc

Will Nifty, Sensex fall for 6th straight session on Monday? US Fed among 5 factors to watch this week

Indian equities extended losses for a fifth session amid rising oil prices, persistent FII outflows and geopolitical tensions. Investors now track the US Fed meeting, Q1 earnings, rupee movement and crude trends for direction. Technical indicators remain weak, with Nifty facing key support near 23,600 and resistance around the 24,000…

The Economic Times

Trump Says 'Preference Is Diplomacy' as Houthis Strike Saudi Aramco Sites, Raising Fears of Wider Middle East War

The Iran conflict expanded into new flashpoints across the Middle East as Tehran-backed Houthi forces targeted Saudi energy infrastructure while Washington paused further strikes amid concerns over a broader regional war.

Benzinga

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AAP

Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

AAP

Rate watchers eye inflation data and RBA chief's speech

Economists from some of the nation's biggest banks are expecting the RBA board to hold rates at its upcoming meeting, as crucial inflation data is set to drop.

Motor1

Teen Gets Porsche Cayenne As Gift. Then She Takes It To Valvoline: ‘It’s Not Our Responsibility’

‘You got your Por-shuh serviced at Valvoline ?’

Fortune

Let’s get ready to rumble: The next Fed meeting will be a ’family feud’—and that’s exactly what Chairman Kevin Warsh wants

“And the survey says … policy will likely stay on hold for an additional meeting. Hawkish momentum is building, however. We expect two hawkish dissents.”

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Benzinga

Crude Oil Trading Isn't Trading Higher Despite Iran and Ukraine Wars

Crude oil prices have surged over the past three weeks, with Brent climbing from this month’s low of $70 to $100 on Thursday. West Texas Intermediate (WTI) has jumped from $67.20 to $93.50 over the same period.

The Economic Times

Ships continue Red Sea transit despite attacks and Houthi blockade: Report

Dozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and execute U-turns. Recent attacks on oil tankers threaten global commerce and already strained supply lines. Disruptions in the Red Sea and Strait of Hormuz expose a quarter of global oil.…

The Guardian - UK

New North Sea oil drilling faces delay after gear accidentally dropped in sea

Exclusive: Blunder at Rosebank, UK’s biggest undeveloped oilfield, comes as government considers granting licence

Bangkok Post

Ukraine strikes Siberia refinery as Kazakh leader tells Putin war should end

MOSCOW - Ukrainian drones struck a Siberian oil refinery Saturday and disrupted an Urals athletics competition, as Kazakhstan's president told Russia's Vladimir Putin the Ukraine war should end during a forum in Siberia's Omsk.

Benzinga

Saudi-Led Coalition Strikes Houthi Targets In Response to Militia Attacks; Energy Markets Brace for Volatility

The Saudi‑led coalition in Yemen struck Houthi targets on Saturday in response to missile attacks launched by the Iranian‑backed group.

Benzinga

Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

France 24

Kazakhstan's president urges Putin to ‘freeze’ war in Ukraine

Kazakhstan's president on Saturday urged Russian leader Vladimir Putin to end the war in Ukraine during talks in the Siberian city of Omsk. Hours earlier, Ukrainian drones struck an oil refinery in Siberia in one of Kyiv's deepest attacks inside Russia.

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