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The Latest Breaking News from Oil

In a first, UK delivers blow to Putin’s shadow fleet with English Channel interception

British forces have intercepted a Russian “shadow fleet” oil tanker in the English Channel for the first time, in what the government described as a major operation aimed at disrupting Moscow’s ability to fund its war in Ukraine.

The Times of India

Britain detains sanctioned oil tanker believed to be linked to Russia’s shadow fleet

Britain’s armed forces boarded and detained a sanctioned tanker, the Smyrtos, in the English Channel on Sunday

The Independent UK

Zelenskyy thanks UK for intercepting Russian shadow fleet oil tanker after armed forces board vessel - as it happened

Keir Starmer said British armed forces intercepted a Russian shadow fleet vessel in the early hours of Sunday morning

The Guardian - UK

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Moment Royal Marines seize Russian 'shadow fleet' vessel in dramatic night operation

Royal Marine commandos board sanctioned oil tanker during a six-hour operation in the early hours of Sunday

Evening Standard

Ukraine thanks UK for intercepting sanctioned Russian shadow fleet oil tanker

In a post on social media, British Prime Minister Keir Starmer said the operation delivered "yet another blow to Russia".

Euronews

ETMarkets Smart Talk | RBI's FPI reforms and index inclusion could unlock up to $25 billion in debt inflows: Dhawal Dalal of Edelweiss MF

In an interaction with Kshitij Anand of ETMarkets, Dhawal Dalal, President & CIO – Fixed Income at Edelweiss Mutual Fund, said the combination of regulatory easing and potential inclusion in widely tracked global bond indices could bring up to $20–25 billion in incremental debt inflows over the next 12–24 months.

The Economic Times

How an Ottolenghi chef raised three children who eat everything

For 17 years, Claudine Boulstridge has been the woman making sure Yotam Ottolenghi’s recipes work in real kitchens. Along the way, her own children have grown up eating everything from aubergines to octopus. The chef tells Prudence Wade the secret to raising adventurous eaters – plus three family-friendly recipes to…

The Independent UK

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Nifty, Sensex to rally more on Monday? Iran peace deal among 5 factors to dictate Dalal Street this week

Indian benchmark indices rebounded sharply on Friday, with the Sensex and Nifty rising nearly 2%, driven by hopes of a US-Iran peace deal, cooling crude oil prices, and stronger global sentiment. The rally added around Rs 10 lakh crore to investors' wealth, taking the total market capitalisation of BSE-listed firms…

The Economic Times

Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other cities

Fuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil volatility and geopolitical concerns affecting energy supplies. Recent price increases had pushed retail rates to over two-year highs, but a softening in global oil prices offers hope for…

The Economic Times

India's Russian oil imports rise in May as refiners boost purchases

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydrocarbons worth 5.8 billion euros. Crude oil formed the bulk of these imports, with refiners significantly increasing their purchases from Russia. This trend highlights India's strategic energy sourcing amidst global…

The Economic Times

Strait of Hormuz is reopening after this Sunday? Donald Trump shares major update on US-Iran deal

Iran has insisted it will maintain control over the Strait of Hormuz, a key maritime trade route for oil and gas shipments from the Gulf.

The Economic Times

Australia is facing a shortage of critical lubricants. How do we stop everything grinding to a halt?

The problem shows how widespread the fallout from the enduring Middle East conflict is, with disruptions extending beyond fuel for transport

The Guardian - AU

Trump says deal to end war will be signed on Sunday, Iran questions timing

Pakistan and the U.S. announced an initial deal to end the Middle East war, with an electronic signing planned for Sunday. Iran, however, denied the immediate signing, citing hesitation from the other side. The proposed agreement includes reopening the Strait of Hormuz and releasing frozen Iranian assets, though details on…

The Economic Times

US, Iran inch closer to peace deal as details emerge

A initial plan for peace is due to be signed within a day, says US President Donald Trump and mediators from Pakistan as details begin to emerge.

AAP

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The Economic Times

No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh Puri

Speaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India dropped by 3.1 per cent from May 2022 to May 2026.

AAP

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

Rising gas prices pushed inflation to its highest level in three years, new data showed this week, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

MarketBeat

Why These 2 Hotel Stocks Are Beating Travel Peers

High oil prices above $90 per barrel are pressuring airlines and cruise lines, while fuel-cost-free hotel franchises like Marriott and Hilton reach new highs.

MarketBeat

This Energy Stock Has Quietly Soared 130% in a Year

Par Pacific stock is benefiting from stronger refining margins, renewable fuels expansion, and buybacks, though investors should remain mindful of volatility.

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The Economic Times

Shipowners on edge for news on Hormuz as ‘dark’ oil flows swell

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity if the vital waterway fully reopens. Even now, oil is discreetly flowing through the strait. A reopening could lead to a significant influx…

The Times of India

Elon Musk becomes world's first trillionaire. But who were history's first billionaire and millionaire?

Elon Musk has become the world's first trillionaire, a milestone echoing past fascinations with John D. Rockefeller, the first billionaire, and John Jacob Astor, the first millionaire. Musk's wealth, driven by SpaceX's IPO, has reignited debates on wealth inequality, with figures like Senator Warren highlighting the vast disparity. Historians note…

The Economic Times

F&O Talk: Bullish Nifty charts; Sudeep Shah picks 7 stocks, outlines HDFC Bank, Sterlite Tech strategy

Indian stock markets rallied sharply on Friday, with Sensex and Nifty gaining 2% each, driven by hopes of a US-Iran peace deal and easing crude oil prices. Analysts see potential for further upside in Nifty and Bank Nifty, while Nifty IT faces headwinds. Derivatives data suggests improving market sentiment.

The Economic Times

Bitcoin holds near $64,000 as falling oil prices and US-Iran peace hopes lift risk sentiment

Bitcoin hovered near $64,000, buoyed by falling oil prices and optimism for a US-Iran peace deal, which lifted overall risk sentiment. While Bitcoin saw a slight gain, Ethereum experienced a minor dip. Major altcoins showed mixed performance, with some falling and others rising.

The Economic Times

ETMarkets Smart Talk| RBI's FPI reforms could attract $50-100 billion into Indian debt over time: Vikas Garg of Invesco MF

RBI’s easing of foreign investment norms for government securities could attract substantial long-term capital inflows into India’s debt market, according to Invesco Mutual Fund. The reforms may deepen bond markets, support the rupee, improve liquidity and strengthen macroeconomic stability.

The Economic Times

Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expect

Four Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to debut with a market cap of Rs 1.74 lakh crore, potentially surpassing its parent company. The demerged companies will initially trade in the Trade-to-Trade segment.

The Economic Times

Oil nears two-month lows on reports of imminent US-Iran peace deal

Oil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agreement to de-escalate tensions in the Middle East. Reports suggested a memorandum could be signed soon, impacting global oil markets and the Strait of Hormuz.

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