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The Latest Breaking News from Oil

The Latest: Pakistan proposes new US-Iran talks as Vance and Trump hint at progress

Pakistani officials on Tuesday said Islamabad has proposed a second round of talks to the U.S. and Iran

The Independent UK

US blockade faces early test as Chinese-linked tanker exits unchallenged

A US-sanctioned Chinese-linked tanker has exited the Strait of Hormuz apparently unchallenged, testing President Donald Trump's naval blockade just a day after it went into effect.

The Times of India

6 Shocking Reasons Your Dog Has Dry, Flaky Skin

Your dog’s skin looks dry. Flakes are everywhere. You try bathing more, using shampoo, even changing products but nothing works. What if the real problem isn’t your dog but the way you’re bathing them? Most pet owners unknowingly make small mistakes that slowly damage their dog’s skin. And the worst…

Times Pets

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Stock Index Futures Gain on Hopes for Renewed U.S.-Iran Talks, PPI Data and More Big Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM26) are up +0.19%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.39% this morning as risk appetite improved and oil prices fell following reports that the U.S. and Iran were weighing another round of peace talks.

Barchart

Where to buy Apprentice finalist Karishma Vijay’s TikTok-famous KishKin skincare

The candidate is the only one to win twice as project manager this series

The Independent UK

Supermarkets accused of exploiting shoppers over high olive oil prices

IN FULL

The Independent UK

Business Brief (April 14): CATL Said to Weigh $5 Billion Hong Kong Share Sale

Beijing addresses Iran-linked reports; OPEC trims oil demand forecast

Caixin Global

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BP’s new boss to overhaul structure after retreat from green strategy

Meg O’Neill to return to upstream and downstream divisions after shift away from low carbon push

The Guardian - UK

Starmer and Macron to co-host Strait of Hormuz talks in Paris on Friday

The efforts are focused on safeguarding the vital oil and gas shipping route after the Iran war ends.

Evening Standard

Supermarkets ‘taking the mickey’ on olive oil prices, Filippo Berio boss says

The industry chief says stores have ‘taken the opportunity to expand their margins’

The Independent UK

How much will Iran lose? The cost of Trump’s Hormuz blockade

Following failed talks, the US has imposed a blockade on Iranian ports in the Strait of Hormuz, potentially costing Iran $435 million daily in economic damage, primarily from lost oil and petrochemical exports. This move, aimed at pressuring Iran, could also impact China's energy imports and requires significant US naval…

The Times of India

HSBC says Iran war is hitting confidence as businesses warn over economic risks

Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair

The Guardian - UK

'The largest energy security threat in history' is about to push oil prices further up, IEA warns

No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday.

Euronews

BP sees ‘exceptional’ oil trading result as Iran war sends crude costs soaring

Oil prices have surged higher since the US-Israel war on Iran started and are now more than 60% up so far this year.

The Independent UK

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Fortune

Most of Wall Street points to high oil prices as the driver of inflation. A maverick Johns Hopkins economist says they’re chasing the wrong culprit

The oil crisis will end with the war; it’s the inflation predicament that has legs, predicts Steve Hanke of Johns Hopkins.

Euronews

Stock markets gain and oil falls on hopes of renewed US-Iran talks

European markets opened higher on Tuesday morning, tracking Asian and Wall Street gains, as oil prices fell on expectations that a possible second round of talks between the US and Iran would end the Iran war.

The Guardian - UK

UK growth forecasts slashed by IMF as Iran war hurts global economy – as it happened

International Monetary Fund has lowered its forecast for UK growth in 2026 and 2027, due to Iran war and weak growth in late 2025

Evening Standard

FTSE 100 Live 14 April: Index higher as oil stays near $100, Imperial falls

Stock markets have rallied amid renewed optimism over a Middle East peace deal.

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The Independent UK

Asian stocks gain and oil falls on hopes of renewed US-Iran talks

Asian stocks are trading higher, tracking Wall Street gains and oil prices fall as expectations rise again over a second round of talks on an end to the Iran war, which is now in its seventh week

The Times of India

Trump vows to hit Iran ships as US begins strait blockade

WASHINGTON : The US military said it would begin enforcing President Donald Trump-announced blockade of the Hormuz Strait at 10am EST on Monday (7.30pm IST), while clarifying that the embargo will only apply to vessels entering or departing Iranian ports and not other Gulf entrepôts. Iran responded by saying “no…

The Independent UK

Iran-US war latest: Trump says war is close to over as US claims ‘maritime superiority’ in Middle East

JD Vance said Trump ‘wants to make the grand bargain’ with Iran after peace talks failed over the weekend

Homes & Gardens

Replacing Your Low Smoke Point Oil Is the Key to Perfectly Seasoned Cast Iron – Professional Chefs Reveal the Ideal Swap

It's a simple swap for uncomplicated cast-iron cooking

Euronews

Trump says US military blockaded Iranian ports to ramp up pressure on Tehran

The US blockade comes in an attempt to economically pressure Iran to reopen the Strait of Hormuz to maritime traffic after its six-week closure caused global oil prices to surge. Roughly 40 vessels have passed through since the start of the ceasefire, down from 100 or more per day before…

AAP

Qantas route cuts will hit hard for regional travellers

Australians in regional areas will bear the brunt of increased airfares and reduced services as Qantas cuts routes in response to increasing fuel prices.

The Guardian - AU

Qantas raises fares and cuts domestic flights as travel patterns shift due to Middle East turmoil

Australian airline is benefiting from demand for flights that transit through Asia – but says its jet fuel bill is rising sharply

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