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The Latest Breaking News from Oil

The Aarti Ritual Is Ancient Light Science: What the Fire in Your Hands Actually Does

What a camphor flame is actually doingCamphor burns at roughly 200 degrees Celsius and produces a flame that sits almost entirely in the visible light spectrum, the band the human eye evolved to receive most directly. When you cup a lit aarti diya and move it before a murti, you…

Times Life

US supporting efforts to revive Iraq-Syria crude oil pipeline, US official says

The United States backs Iraq and Syria's pipeline revival efforts. This project aims to bypass the Strait of Hormuz for oil transport. American companies are expected to assist in rebuilding the Kirkuk-Baniyas pipeline. This initiative seeks to lessen Middle Eastern oil producers' dependence on the strait. Washington has re-imposed a…

The Economic Times

D-St set for a positive opening as GIFT Nifty signals firm start

Domestic equities closed lower on Tuesday, with the Nifty declining 0.7 percent. Rising crude oil prices and fresh foreign investor outflows weighed on sentiment. Global markets also showed weakness, adding to market volatility during the derivatives expiry. Analysts anticipate sideways trading with some volatility due to geopolitical tensions. Investors will…

The Economic Times

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US Senators unveil sweeping Russia sanctions bill; name India among nations facing possible tariffs

A bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying significant amounts of Russian oil. India is named among five nations potentially facing these new trade penalties. The bill aims to discourage continued energy purchases from Russia. Its passage requires approval…

The Economic Times

Oil rises after US-Iran hostilities flare again with strikes on energy targets

Oil prices increased as President Donald Trump reimposed naval blockades on Iranian ports. Iran retaliated with strikes on United States infrastructure in the region. Brent and West Texas Intermediate crude oil reached their highest levels in weeks. Attacks have deepened supply disruptions in the vital Strait of Hormuz. Hostilities have…

The Economic Times

Lebanon, Israel conclude talks, agree to implement ‘pilot zones’

Lebanon and Israel completed a new round of US-mediated negotiations in Rome on Wednesday, agreeing to implement "pilot zones" in southern Lebanon where Israeli forces would withdraw and turn over control to the Lebanese army, the US State Department said. Follow our liveblog to see how the day's events unfolded.

France 24

Global Market Today: Asian stocks rise after soft US CPI, Kospi rallies

Asian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boosting technology stocks significantly. Oil prices rose for a third consecutive day due to escalating Middle East tensions. Investors are closely watching the semiconductor sector after a volatile trading session. Fed…

The Economic Times

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Trump resumes Iran port blockade and threatens strikes on energy targets

President Donald Trump reimposed a naval blockade on all Iranian ports. He threatened to strike power plants and bridges next week unless negotiations resume. The US military also began fresh strikes to degrade Iranian capabilities used to attack shipping. Iran claims it closed the Strait of Hormuz after hostilities reignited…

The Economic Times

War returns to West Asia, oil seesaws as Hormuz bleeds

The United States launched a third round of strikes on Iran. Iran retaliated by attacking US military bases in Jordan and Bahrain. Two Emirati oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz. Oil prices pared gains after President Trump announced new trade deals. Global markets…

The Economic Times

Cotton Slips Lower into Tuesday Close

Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the day with the US dollar index was up $0.325. Monday afternoon’s Crop Progress showed 60% of the US cotton crop squared...

Barchart

Soybeans Slip Lower on Tuesday

Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength to close up 20 cents to $2.80, with Soy Oil...

Barchart

The best Palworld 1.0 base locations for early game builds, resource-rich farms, or raid safe havens

Real estate for new saves, hardwood farming, or a little bit of everything.

PC Gamer

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...

Barchart

Dollar Declines on a Benign US CPI Report

The dollar index (DXY00 ) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this...

Barchart

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Barchart

Crude Oil Prices Rise as US-Iran Hostilities Continue

August WTI crude oil (CLQ26 ) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26 ) closed up +0.0610 (+1.93%). Crude oil and gasoline prices added to Monday’s gains on Tuesday, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as...

Fortune

‘Close to as good as it gets’: Jamie Dimon just offered another warning on the bubbly markets as Wall Street had a monster quarter

JPMorgan and Goldman Sachs posted record profits Tuesday even as Iran tensions sent oil surging, with investors shrugged off the chaos as Jamie Dimon warned of risks

Homes & Gardens

Your Summer Garden Needs a Different Kind of Bird Feeder – It Keeps Seed Dry, Birds Healthier, and Rats Away

Don't let your bird food spoil in the summer heat

The Economic Times

After Hormuz, Iran turns to Red Sea gateway as new pressure point

Iran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital energy supplies through the Red Sea. Houthi attacks on shipping have already forced major companies to reroute vessels. Analysts suggest Iran is widening the conflict and increasing pressure…

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Barchart

Soybeans On the Lower Side at Tuesday’s Midday

Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire for the complex at the close. Crop Progress data from...

The Economic Times

Trump says US will be 'taking a lot of oil out' of Iraq as US aims to do a lot of deals

US President Trump met with Iraqi Prime Minister Ali al-Zaidi at the White House. He indicated substantial future deals and oil extraction from Iraq. Washington will offer protection if Iraq requires it, though this is unlikely. Decisions will depend on Iraq's efforts to disarm Iranian-backed militias. This meeting marks a…

Evening Standard

Soft US inflation helps FTSE shake off oil surge

The turnaround in the fortunes of London’s blue-chip index came as figures showed US consumer prices fell more than expected in June.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. Sensex and Nifty declined up to 0.7%, while analysts said geopolitical risks overshadowed earnings optimism despite technical support remaining intact.

The Independent UK

Beyond the Strait of Hormuz: How Gulf countries are preparing for life without the waterway

IN DEPTH : The US and Iran continue tit-for-tat strikes over the vital shipping route while a fifth of the world’s oil supply remains at a standstill. But Gulf countries have been looking towards alternatives for a more independent future, Maira Butt reports

Barchart

Crude Oil Prices Climb as US-Iran Truce Collapses

August WTI crude oil (CLQ26 ) today is up +0.81 (+1.04%), and August RBOB gasoline (RBQ26 ) is up +0.0466 (+1.47%). Crude oil and gasoline prices added to Monday’s gains today, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as the truce...

International Business Times

Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains

Oil is giving up gains after Trump said he would scrap the plan to charge for passage through the Strait of Hormuz.

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