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The Latest Breaking News from Oil

People urged to buy only the fuel they need as protests continue in Ireland

The National Emergency Coordination Group warned that the number of fuel stations without supplies could rise to 500 on Friday.

Evening Standard

Cotton Slipping Back on Friday Morning

Cotton futures are trading with 9 to 15 point losses in the front months on Friday. The US dollar index is $0.079 lower at $98.510. Crude oil is up 50 cents on the day. USDA’s Export Sales report now has cotton export commitments at 10.25 million RB, down just 2%...

Barchart

Soybeans Rallying on Friday, Led by Meal Gains

Soybeans are trading with 7 to 13 cent gains at midday, led by the meal. The cmdtyView national average Cash Bean price is up 13 cents at $11.10 1/4. Soymeal futures are rallying $12 to $15 at midday, with Soy Oil futures down 50 to 53 points on Friday. USDA...

Barchart

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JD Vance warns Iran against trying to ‘play’ the US in peace talks

US vice-president flies to Islamabad for negotiations as Iranians insists Israel end its offensive in Lebanon

The Guardian - US

FTSE 100 flatlines ahead of Iran-US peace talks

The FTSE 100 closed down just 2.95 points at 10,600.53.

Evening Standard

Trump called the Strait of Hormuz toll plan ‘a beautiful thing’ and floated a joint venture. Then, warned Iran to stop charging ships 24 hours later.

Pick a side already.

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The Best Inflation-Proof Investments for Your Portfolio

These stocks and ETFs are some of the best inflation-proof investments, and they're stable enough to shine even if price growth cools.

Kiplinger

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US ceasefire with Iran: What’s next? A former diplomat explains 3 possible scenarios

President Donald Trump on April 7, 2026, announced a ceasefire between the United States and Iran, after more than a month of war marked by U.S. and Israeli strikes against Iranian military leadership, Iranian retaliation against regional oil infrastructure and a global energy crisis.

The Conversation

Sugar Prices Weighed Down by Abundant Global Supplies

May NY world sugar #11 (SBK26 ) today is down -0.11 (-0.79%), and May London ICE white sugar #5 (SWK26 ) is down -1.30 (-0.31%). Sugar prices remain weak as they continued their week-long slide today, with NY sugar falling to a 5-week low and London sugar posting a 4-week...

Barchart

Trump warns ‘no nuclear weapons’ ahead of high stakes peace talks with Iran

Donald Trump is under renewed pressure to find a lasting peace agreement as inflation climbs to two-year high

The Independent UK

Crude Prices Supported Ahead of Saturday’s US-Iran Peace Talks

May WTI crude oil (CLK26 ) today is up +1.05 (+1.07%), and May RBOB gasoline (RBK26 ) is up +0.0366 (+1.22%). Crude oil and gasoline prices are moving higher today amid a weaker dollar. Also, the Strait of Hormuz remains blocked, curtailing crude oil flows from the Gulf and curbing...

Barchart

What is Queensland’s Taroom trough and could it really be hiding a ‘sea of oil’?

LNP politicians visit a Shell drill site near Roma and claim a ‘generational opportunity’ to reduce Australia’s reliance on fuel imports. Others are more circumspect

The Guardian - AU

Should You Chase the Relief Rally in Delta Air Lines Stock?

Delta Air Lines just jumped more than 11% on an Iran ceasefire–driven oil pullback. Does this prompt investors to 'Buy' here?

Barchart

Donald Trump Calls Iran's $2m Shipping Toll A 'Beautiful Thing' In Proposed Joint Venture

Iran's alleged $2M Strait of Hormuz transit fees draw criticism from Donald Trump, exposing cracks in the fragile US-Iran ceasefire agreement.

International Business Times UK

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The Guardian - UK

Fuel-price protests cause chaos in Ireland and spread to Norway

Irish drivers told to buy only fuel they need as filling stations run out and hauliers and farmers block motorways in fourth day of action

International Business Times UK

New Cheaper Fuel Hits US Pumps On May 1 — But Millions Vehicles Cannot Use It

Emergency EPA waiver clears E15 gasoline for nationwide sale from May 1, barring pre-2001 cars, motorcycles, boats and small-engine equipment.

The Guardian - UK

Fears of UK and EU flight cancellations as airports warn of jet fuel shortages

Summer holidays could be hit unless oil flows through strait of Hormuz recommence within three weeks

International Business Times UK

US Inflation Soars To Highest Level Since 2024 Amid Donald Trump's War With Iran

US inflation has climbed to 3.3% year-on-year, the highest rate since May 2024, as Donald Trump's war with Iran drives up global energy costs and everyday prices.

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The Independent UK

Irish army on standby as widespread fuel protests cause chaos across country

The Irish army remains on standby to help gardai remove blockades

Evening Standard

Ireland on ‘precipice of turning oil away’, Taoiseach warns as protests continue

Micheal Martin said the blockading of ports and a refinery by protesters was ‘unconscionable’.

Euronews

EU considering excessive profit taxes on oil and gas companies, foreign profits remain unclear

The European Commission is considering taxing windfall profits, similar to the mechanism applied in 2022 during the natural gas crisis. The plea came from five EU countries, which also called for the tax to be expanded to foreign profits dealing with fossil fuels.

Fortune

Current price of oil as of April 10, 2026

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

Grocery Coupon Guide

4 Grocery Categories Where Prices Are Stabilizing in 2026

Grocery receipts remain a source of anxiety for most families. The constant news coverage regarding food inflation creates a sense of financial doom. However, the economic data for 2026 tells a more nuanced story. While items like beef and coffee continue to surge in price, several major sections of the…

Euronews

TotalEnergies closes key Saudi refinery after attacks

TotalEnergies has shut a major Saudi refinery after attacks, as Middle East disruptions force it to halt about 15% of its output.

International Business Times UK

Cuba's President Fires Back at NBC Anchor Who Asked If He Would Resign: 'Do You Ask That Question to Trump?'

Cuban President Miguel Diaz-Canel discusses the country's energy crisis and US-Cuba relations in an exclusive interview with NBC News.

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