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The Latest Breaking News from Oil

Food prices are already high in Canada. Will the Iran war make them worse?

Food prices in Canada have been rising at a faster rate than overall inflation for the past several years. In fact, food prices are 30 per cent higher than they were a decade ago.

The Conversation

Stocks Recover as Oracle Leads Software Companies Higher

The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. June E-mini S&P futures (ESM26 ) are up +0.12%, and June E-mini Nasdaq futures...

Barchart

Trump Threatens China With 50% Tariffs While Using Venezuela Oil as Strategic Leverage

Trump's comments reflect an ongoing push by the administration to expand Venezuelan oil production and reintroduce the country into international markets under new conditions

Latin Times

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Trump's Hormuz Blockade Sparks Global Inflation Fears As Oil Markets React To Supply Shock

The surge in oil prices is expected to filter quickly into broader inflation given energy's central role in areas like transportation, manufacturing and food production.

International Business Times

Why US Stocks Fell Today: Dow Drops 247 Points As Oil Surges After Trump's Iran Blockade

President Trump's decision to blockade the Strait of Hormuz impacts US stock futures and oil prices. Dow Jones Industrial Average dropped 247 points and Brent crude surged past $100 a barrel.

International Business Times UK

‘Maybe a little bit higher’: Trump admits gas prices might keep rising before midterms, as Americans already feel the pain at the pump

Not so reassuring.

We Got This Covered

Blocking what is already closed: Why Trump is blockading Hormuz Strait

President Trump has threatened to blockade the Strait of Hormuz. This move aims to increase pressure on Iran. The waterway is crucial for global oil shipments. Iran has already been limiting access. Trump's action risks further disruption to oil flows. This could lead to higher global oil prices. The US…

The Times of India

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Iran Says U.S. Blockade Of Strait Of Hormuz Amounts To 'Piracy,' Threatens 'Forceful Response'

Iran said the U.S.'s blockade of the Strait of Hormuz amounts to "piracy" as oil prices rise again.

International Business Times

These 3 Country ETFs Are Big Beneficiaries of the Iran Ceasefire

With fighting in Iran on pause, markets have soared once again. Here are three international ETFs poised to benefit most from normalized oil flows.

MarketBeat

Disputes over Africa’s ocean resources: here’s what could help avoid them

Over the last several decades, the oceans have become more crowded. Aquaculture, wind and wave energy, and oil and gas exploration are taking up more space. This growth threatens the health of ocean ecosystems and coastal communities’ access to food and livelihoods that they have relied on for centuries.

The Conversation

US military begins blockade of Iranian ports on Trump’s orders

Prime Minister Sir Keir Starmer said he did not support the blockade announced by the US president.

Evening Standard

‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money

Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices

The Guardian - US

Trump’s Strait of Hormuz blockade threatens piracy and risks outright war against China

ANALYSIS: Trump’s threats to the Strait of Hormuz will make America a pirate nation and risk conflict with China, making Beijing seem like the grown-ups, explains world affairs editor Sam Kiley

The Independent UK

Stocks Mixed as US Set to Blockade the Strait of Hormuz

The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.21%. Stock indexes are mixed this morning even as crude oil prices surge after President...

Barchart

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The Independent UK

Nigerian ex-oil minister denies taking bribes for government contracts, during a trial in London

A former Nigerian oil minister has denied taking bribes in exchange for government contracts

Euronews

Can Péter Magyar break Hungary’s reliance on Russian oil?

Péter Magyar, the expected future Hungarian prime minister, won the general election in a landslide, unseating outgoing Viktor Orbán after 16 years in power and raising questions about whether Budapest will move away from Russian energy.

International Business Times

U.S. Gas Prices Poised To Surge As Trump's Iran Blockade Sends Oil Markets Into Shock

The U.S. blockade, which is expected to restrict shipping to and from Iranian ports, could effectively remove around 2 million barrels of oil per day from global circulation.

Texas Observer

How Trump’s ‘God Squad’ Could Devastate Endangered Species Along Texas’ Gulf Coast

If left intact, the exemption for oil and gas companies in the Gulf of Mexico could forever harm vulnerable species and their habitats.

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news in one place.

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The Guardian - UK

Don’t mention the climate: Trump creates ‘beyond absurd’ situation at global finance talks

Developing countries face possible shelving of crucial green action plan at IMF and World Bank spring meetings

Barchart

Oil Is Off Its Peak - Time to Buy Oil Stocks Like ConocoPhillips?

Oil is off its peak prices, and it could be a good buying point for oil stocks like ConocoPhillips (COP). One way to do this is to set a lower buy-in point by shorting out-of-the-money (OTM) puts.

International Business Times UK

Donald Trump Claims 150 Iranian Ships are 'Underwater' as World Braces for 10 AM Strait of Hormuz Blockade

Donald Trump has announced a total US blockade of the Strait of Hormuz starting at 10 AM EDT today. The President claimed 150 Iranian Navy ships are already 'underwater' despite a lack of independent verification.

Fortune

Current price of oil as of April 13, 2026

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

The Independent UK

A freezer full of stock and a handful of shiitakes make Chris Fischer's mushroom soup

Shiitake mushrooms from a farm on Martha's Vineyard inspire a flavorful soup recipe from Chris Fischer in his cookbook “The Beetlebung Farm.”

Barchart

Soybeans Holding Near Unchanged on Monday Morning

Soybeans are trading with front months down 1 to 2 cents, with deferred contracts up 1 1/2 cents. Futures closed the Friday session with contracts 5 to 10 ½ cents higher, as meal took control. May was up 12 ¼ cents on the week, with November up 3 3/4 cents....

Barchart

Cotton Trading with Monday AM Gains

Cotton price action is up 14 to 25 points early on Monday. Futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May was up 230 points on the week. The US dollar index was $0.104 lower at $98.485. Crude oil is back up...

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