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The Latest Breaking News from Oil

Asian shares surge, echoing a rally on Wall Street as oil prices sank back to about $90

Asian shares have rebounded from their sharp declines a day before

The Independent UK

Five killed in strikes on Lebanon, health ministry reports – as it happened

This live blog is now closed

The Guardian - AU

The Latest: Iran launches drones at Saudi Arabia and Kuwait as US president sends mixed messages

Iran launches drones at Saudi Arabia and Kuwait as U.S. President Donald Trump sends mixed messages about the war, fueling market uncertainty

The Independent UK

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

The critical infrastructure that’s so vital to Middle East nations – and vulnerable to Iranian attack

Attacks on desalination plants mark a dangerous escalation in the Middle East conflict. Experts tell Stuti Mishra the Gulf’s most water-scarce nations face an existential threat

The Independent UK

Oil prices latest: UK inflation forecast to spike amid fears Iran war could trigger new cost of living crisis

Price of oil has surged since US and Israel launched airstrikes towards Iran 10 days ago

The Independent UK

Trump threatens to unleash ‘death, fire and fury’ on Iran if it meddles with flow of oil in Middle East

The post marked Trump’s latest attempt to boost marine traffic through the Strait of Hormuz where its effective closure has sent crude oil prices spiraling past $110 per barrel

The Independent UK

Iran fires drones toward Saudi Arabia and Kuwait

Iranian fired drones toward Saudi Arabia and Kuwait early Tuesday as the war in the Middle East shows no sign of abating

The Independent UK

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Vague and contradictory Trump says Iran war ‘won’, but not ‘won enough’

After oil prices surged on Monday the US president sought – and failed – to offer a clear vision for when the largest US intervention in the Middle East in years will end

The Guardian - US

Ukraine war briefing: Trump set to ease oil-related sanctions following Putin call

US president says sanctions will be removed until crisis sparked by US-Israel war on Iran eases, without giving further details. What we know on day 1,476

The Guardian - AU

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

AAP

Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’

FTSE 100 opens higher and European markets rise as US president describes conflict as ‘very complete’

The Guardian - UK

Trump claims Iran or ‘somebody else’ could have carried out deadly school strike

President makes evidence-free claim despite video showing US Tomahawk missile hit naval base next to school

The Guardian - US

Martin Lewis: ‘Ticking timebomb’ on energy bills which could spike 30% as Trump war risks higher inflation

Oil costs have jumped since the US and Israel began airstrikes on Iran, pushing up inflation, petrol prices and mortgage rates

Evening Standard

Majority of American voters oppose military action in Iran and 77% expect it will result in a terror attack on US soil, poll shows

More than 1,200 people in Iran have been killed since the U.S. and Israel began striking the country over a week ago, according to local officials

The Independent UK

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The Independent UK

Martin Lewis issues urgent energy bill advice as oil prices surge

Martin Lewis has issued advice for those worried about their energy bills amid fears the war in the Middle East will spark another cost-of-living crisis in the UK, with fuel prices set to soar.

The Independent UK

How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond

As the price of crude oil surged, consumers were feeling the effects of the Iran war and its damage to worldwide energy production

The Independent UK

World leaders eye oil reserves, but so far hold off on tapping them

A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices

We Got This Covered

The Trump admin scrambles to respond after an Israeli oil field strike unexpectedly sends fuel prices soaring

The first major tension between the alies since the war began.

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news in one place.

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Barchart

Stocks Close Higher After President Trump says Iran War is "Pretty Much" Complete

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.71%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.13%. March E-mini S&P futures (ESH26 ) rose +0.69%, and March E-mini Nasdaq futures...

Fortune

Something will cause inflation to go up this year, but it's not oil

It's often said that the inflation of the 1970s and '80s in the U.S. and elsewhere was caused by the two oil crises of 1973-74 and 1979-80. Not so.

The Mary Sue

A U.S. Senator’s plan for peace? Threatening to blow Iranians into oblivion

For Senator Lindsey Graham, peace can only happen if bombs are dropped on Iranians. It’s a small price to pay for cheaper oil and an Iran that’s compliant with the terms of the United States.

Fortune

Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon

Later on Friday, Trump said also he plans to waive oil-related sanctions and claimed “we’ve already won in many ways, but we haven’t won enough.”

Latin Times

Trump Reportedly Open To Killing New Iranian Supreme Leader Mojtaba Khamenei If He Doesn't Cave To U.S. Demands

President Donald Trump said he is open to the killing of new Iranian Supreme Leader, Ayatollah Mojtaba Khamenei, should he not be willing to cede to U.S. demands, according to a new report.

Kiplinger

Stocks Recover as Oil Retreats From $119: Stock Market Today

How high the price of crude oil rises and how long it stays there are critical questions for market participants and policymakers alike.

Barchart

Dollar Falls Back on Trump Comments

The dollar index (DXY00 ) on Monday traded higher during the morning but then fell back in the afternoon after President Trump told CBS News in a phone interview that "I think the war is very complete, pretty much" and that the military operation is "very far" ahead of its...

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