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The Latest Breaking News from Oil

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

The war with Iran is disrupting oil and LNG shipments through the Strait of Hormuz, a key artery for global energy trade, sending prices higher and threatening global growth

The Independent UK

Rockets, missiles and drones fly across Iran and Israel; Middle East remains tense — how the war is unfolding

Escalating Middle East conflict sees Israel strike Lebanon and intercept Iranian missiles. A US submarine sank an Iranian warship, while Iran retaliated with strikes across the region. The US Senate backed President Trump's military actions against Iran. Energy supplies are threatened as oil prices soar and global markets react.

The Times of India

Australian shares bounce on talk of Iran war slowdown

Hopes of potential de-escalation in the Middle East and US assurances around crude supply have supported a lift in equities, despite a fresh wave of attacks.

AAP

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Scoop: Trump officials broker massive U.S.-Venezuela gold deal

The arrangement shows the tightening commercial bounds between Venezuela and the U.S.

Axios

Asian shares jump after US stocks rebound as oil prices stop spiking

Shares have opened sharply higher in Asia after a rebound on Wall Street

The Independent UK

How Iran's Strait of Hormuz shutdown could hit the global economy

A senior Iranian commander said Tehran's forces would attack any ship trying to pass through the strait.

Axios

‘I lost £1000 in a day’: Heating oil price spike leaves households and suppliers out of pocket

Heating oil prices spiked by as much as £100 over the weekend

The Independent UK

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Corn Eases Lower on Wednesday

Corn futures posted losses of 2 to 3 cents across most contracts on Wednesday. Crude oil was flat most of the day, failing to provide some spillover support. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $4.02 1/4. USDA reported another private export sale of...

Barchart

Cotton Holds on to Close Wednesday with Gains

Cotton futures were up 10 to 15 points in the front months on Wednesday. The outside markets provided some support, as crude oil was up $1.54 on the day to $76.10. The US dollar index was back down $0.231 at $98.775. The Seam showed sales of 6,789 bales sold on...

Barchart

17 Stunning Bridal Nails for Every Wedding Taste and Aesthetic

Gold! Lace! Florals!

Marie Claire

Middle East crisis: Donald Trump rates US war effort ‘15 out of 10’; vows to push on against Iran

US President Trump declared the campaign against Iran "about a 15" on a scale of 10, citing success in decimating Iranian leadership and missile capabilities. He reiterated the goal of preventing nuclear weapons, vowing to continue joint operations with Israel despite escalating regional conflict, rising oil prices, and domestic criticism.

The Times of India

Stocks Settle Higher as US Economic Resilience Overshadows Iran Conflict

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.51%. March E-mini S&P futures (ESH26 ) rose +0.77%, and March E-mini Nasdaq futures...

Barchart

Gas prices spike in the U.S. as Iran conflict escalates

After U.S. military strikes on Iran began this past weekend, gas data site GasBuddy predicted that gas prices would rise 10 cents to 30 cents a gallon ‘over the next two weeks’

The Independent UK

Crude Oil Prices Supported by Iran Conflict

April WTI crude oil (CLJ26 ) on Wednesday closed up +0.10 (+0.13%), and April RBOB gasoline (RBJ26 ) closed up +0.0575 (+2.34%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 19.5-month high. Energy prices have been volatile, and on Wednesday, they were whipsawed...

Barchart

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MarketBeat

3 Targeted Oil Plays as the Iran Crisis Lifts Crude

Military action against Iran is spiking oil and LNG prices. Halliburton, Baker Hughes, and YPF are three oil stocks positioned to benefit from the disruption.

The Independent UK

US interior secretary is in Venezuela to discuss critical minerals

U.S. Interior Secretary Doug Burgum is meeting Venezuela’s acting President Delcy Rodríguez as the Trump administration pushes to shape the country's oil and mineral sector

Barchart

Oil Price Shocks Have Hit India, But This 1 Emerging Market ETF Is Still a Buy Now Near $40

The iShares India 50 ETF hit a new 52-week low on Tuesday. While the impact of higher oil prices due to the Iran war hurts Indian companies more than most in Asia, this contrarian bet has historically been profitable.

The Guardian - UK

Rachel Reeves should scrap the North Sea windfall tax now

The UK should optimise North Sea oil and gas production while it transfers to renewables and nuclear developments

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news in one place.

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Barchart

Cotton Trading with Wednesday Gains

Cotton futures are up 20 to 25 points in the front months on Wednesday. Crude oil is up $0.52 on the day to $75.08. The US dollar index is back down $0.191 at $98.815. The Seam showed sales of 6,789 bales sold on 3/3, averaging 62.49cents/lb. The Cotlook A Index...

Fortune

Air France will suspend flights to Havana after the U.S. Venezuela strike chokes Cuba's oil lifeline

The U.S. attack on Venezuela cut off all shipments to Cuba. Now Trump is threatening tariffs on any country that ships or sells oil to the nation.

The Guardian - UK

How will war in the Middle East affect your finances?

Surging energy prices and tumbling stock markets are threatening a new UK cost of living crisis

The Guardian - UK

Energy bills could rise by £160 after Iran conflict pushes gas prices higher

Household costs could reach £1,800 a year from July as UK market hits three-year high

Evening Standard

Stock markets rebound and energy prices ease but fears remain over Iran war

Global financial markets are largely being led by the movement of wholesale energy prices.

The Conversation

How would the Iran crisis play out in a world powered by renewables not fossil fuels?

Imagine the escalating conflict between the US, Israel and Iran unfolding in a world powered mostly by wind, solar and batteries rather than oil and gas.

Evening Standard

Stocks recoup some lost ground as oil price cools

With the Middle East crisis entering its fifth day, the oil price cooled a touch.

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