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The Latest Breaking News from Oil

US stocks today: S&P 500, Nasdaq fall as investors juggle earnings, Mideast risks and tariffs

Major stock indices experienced declines as concerns over artificial intelligence spending intensified. New tariffs and escalating Middle East conflict also weighed on investor sentiment. Chipmaker Intel's shares fell despite forecasting strong quarterly results and increased future spending. Geopolitical risks, including U.S. strikes in Iran, caused oil prices to surge significantly.…

The Economic Times

Oil Hits $100 as Iran War Rattles Bond Market: Treasury Yields Surge, Borrowing Costs Rise

Brent crude jumped 7% in a day, and the cost of US government debt hit a 2026 high. See what drove the move, why the two are linked, and who ends up paying for it.

International Business Times UK

Yen heads for biggest weekly drop since May despite Tokyo's support pledges

The Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows against the US dollar, compounded by Japan's ineffective measures to bolster its value. Additionally, surging oil prices have reignited inflation worries, further enhancing the dollar's strength, while the…

The Economic Times

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Alien Anti-Gravity Propulsion Would Destroy Trillions in the Global Oil Economy, Sean Stone Says

Filmmaker Sean Stone says truly operational alien-style anti-gravity propulsion would erase trillions from the global oil economy and help explain decades of UFO secrecy.

International Business Times UK

Pennsylvania roads are being coated in radioactive wastewater − here’s why

Pennsylvania’s roughly 100,000 oil and gas wells produce wastewater that’s many times saltier than seawater and contains radium, a known carcinogen. For decades, that saltwater, called brine, was spread on dirt and gravel roads across the state to control dust and also on paved roads to melt ice.

The Conversation

Cotton Fading Back Ahead of the Weekend

Cotton price are down 104 to 141 points on Friday morning. Futures posted strength across most months on Thursday, with contracts 10 to 74 points higher, as October slipped 3 points. Crude oil was up another $5.88 per barrel, with the US dollar index up 0.311. Export Sales data showed...

Barchart

Trump Is Reportedly Skeptical About Any Negotiations With Iran. He Is Now In 'Revenge Mode'

President Donald Trump is reportedly in "revenge mode" against Iran as talks have failed to yield a lasting peace.

International Business Times

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US strikes Iran from south to north after Trump threats over Red Sea shipping

US missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firing at US bases in neighboring Arab countries. The Houthi attacks pushed oil prices above $100 per barrel, impacting global markets. Shipping insurance costs doubled, and several tankers diverted their routes.…

The Economic Times

India bonds end three-day losing streak but post second straight weekly decline

On Friday, Indian government bonds halted their recent decline, yet they experienced a second consecutive weekly drop. The rising oil prices and increasing US Treasury yields weighed heavily on market sentiment. Meanwhile, foreign investors maintained their bond buying, albeit at a reduced speed, as swap rates surged in tandem with…

The Economic Times

The U.S. Reportedly Sent Iran a Ceasefire Proposal Through The Iraqi PM. Tehran Rejected it

Iran Reportedly rejected a ceasefire proposal sent by the U.S. through the Iraqi prime minister.

International Business Times

EU's new Russia sanctions: What's in the 21st package

The European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networks, and oil trade significantly. The bloc also froze the Russian oil price cap for the next twelve months. New measures target Russia's military-industrial complex and dual-use goods. These actions aim to increase…

The Economic Times

Energy sector wants ‘powerful reset’ from Andy Burnham’s Government

Trade body Offshore Energies UK is urging the Government to back the controversial Jackdaw and Rosebank oil and gas projects in the North Sea.

The Independent UK

Giraffes given a new home in Uganda to escape oil drilling in the country's largest park

Rangers in Uganda’s largest national park are on a mission to translocate 12 endangered Nubian giraffes

The Independent UK

ECB Holds Rates Steady As Oil Risks Loom. Traders Are Betting On A September Hike

The ECB voted to leave its main interest rate at 2.25%, a decision that was widely expected after the central bank delivered a quarter-percentage-point increase in June, its first rate hike since 2023.

International Business Times

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The Economic Times

Cabinet approves Rs 1,264 crore Ballari-Guntakal railway project linking Andhra Pradesh and Karnataka

The Union Cabinet has approved a Rs 1,264 crore railway infrastructure project to construct the third and fourth rail lines between Ballari in Karnataka and Guntakal in Andhra Pradesh. The 46-km multi-tracking project, to be completed by 2028-29, aims to boost freight capacity, improve connectivity for industrial and tourist hubs,…

The Economic Times

RBI Intervention shields rupee in face of oil, hedging strain

On Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped in to sell dollars, likely under central bank directives, to alleviate mounting pressure. Escalating oil prices and increased corporate hedging had nearly pushed the currency to…

Fortune

Trump weighs 'massive attack' on Iran as Tehran’s chokehold on oil gets tighter

Everything you need to know before you reach the office this morning.

Barchart

Stock Index Futures Gain as Oil Prices Retreat, U.S. PMI Data in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.14% this morning, finding some relief at the end of a wild week as oil prices and bond yields retreated.

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International Business Times UK

Iran Conflict Fuels $11.5B Equinor Windfall as Hormuz Disruption Lifts Oil Prices

Equinor's profit nearly doubled to $11.48B (£8.6B) as the Iran conflict lifted oil and gas. UK gas bills rose 24% on the same wholesale surge.

The Economic Times

Global Market: European shares steady, set for weekly loss as oil surge, earnings keep investors cautious

European shares remained flat as investors assessed rising oil prices. Escalating Middle East tensions and corporate earnings influenced market sentiment. Germany's DAX gained, boosted by strong results from software firm SAP. Energy stocks declined after Neste's profit missed market expectations.

The Economic Times

Global market: Euro zone bond yields ease after multi-year highs as oil retreats below $100

Euro zone government bond yields decreased slightly on Friday. This followed a pullback in oil prices and ongoing inflation concerns. Investors are assessing the outlook for interest rates after recent market movements. The European Central Bank kept rates unchanged but signaled potential future hikes. Bond markets experienced selling pressure due…

The Economic Times

Applying coconut oil before shampooing on gray hair; what it's for and why this care protects the strands

Millennials are rediscovering pre-shampoo oiling for their emerging gray strands. Coconut oil effectively reduces protein loss from hair during washing. Gray hair becomes drier as scalp sebum production declines with age. Oiling hair before shampooing softens strands and reduces split ends. This practice complements conditioner, offering a simple way to…

The Economic Times

Explosions are heard near a US base in northern Iraq as US-Iran fighting escalates

Explosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of strikes against Iran in recent weeks. Iran has attacked ships in the Strait of Hormuz and targeted U.S. assets and allies. Houthi rebels also targeted Saudi…

Fortune

Current price of oil as of July 24, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Benzinga

Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Gain as Oil Prices Decline—Intel, Edwards Lifesciences, SAP in Focus (UPDATED)

(Editor’s note: The ETFs data was updated.)

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