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The Latest Breaking News from Oil

Oil prices extend run higher as fighting flares in the Middle East

Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks.

Euronews

India bonds join global rout after Mideast escalation jolts oil higher

Indian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb significantly. This surge in oil prices threatens to increase India's inflation and interest rate risks. Foreign investors sold Indian bonds, marking their first sale since June policy measures. The rupee…

The Economic Times

Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weigh

Chinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensions. China's second-quarter GDP figures are expected to show slower economic expansion. A large initial public offering is also draining market liquidity. Energy shares outperformed as oil prices…

The Economic Times

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Oil prices hit one month-high as Trump reinstates Iran blockade

Prices have now climbed to their highest levels since US and Iran signed memorandum of understanding aimed at ending conflict

The Independent UK

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

AAP

China's June oil imports hit near 10-year low amid Iran war

China's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowest point in a decade. Domestic demand weakened, and refined product exports faced curbs to ensure energy security. Natural gas imports saw a slight year-on-year increase in June. However, overall…

The Economic Times

North Sea oil industry urges Burnham to approve new drilling in UK waters

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approval

The Guardian - UK

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Fritters and slow-cooked: Ben Tish’s recipes for cooking with courgettes

This often underrated but hugely versatile vegetable can be cooked in copious delicious ways. Here are two of them

The Guardian - UK

Fourth Australian interest rate rise more likely if Trump’s Iran conflict not resolved within a week

Economists warn continued airstrikes could push oil prices beyond US$100 a barrel, increasing chance of further RBA rate hike

The Guardian - AU

Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower

Oil prices are higher and Asian shares have fallen, dragged lower by losses for artificial-intelligence stocks

The Independent UK

Gold prices snap 2-day fall, silver at Rs 2.18 lakh/kg despite rising oil prices, rate hike fears. Key levels to watch today

Gold and silver prices rebounded on MCX on Tuesday, snapping a two-session losing streak, as escalating US-Iran tensions boosted safe-haven demand. Investors are now awaiting the U.S. June CPI data for fresh cues on inflation and the Federal Reserve's interest rate trajectory.

The Economic Times

Why reopening the Strait of Hormuz may demand more than US airstrikes

President Trump seeks to reopen the Strait of Hormuz amid ongoing conflict with Iran. Securing this vital waterway may require tens of thousands of American troops on Iranian soil. Increased U.S. naval presence also carries risks of higher service member losses. Iran's threats alone can deter commercial vessels from using…

The Economic Times

Why it's so difficult for the US to fully reopen the Strait of Hormuz

President Donald Trump has been trying to force Iran to fully reopen the Strait of Hormuz for months

The Independent UK

Iran-US war latest: Trump threatens to hit civilian targets in Iran as US resumes Strait of Hormuz blockade

The US launched more strikes against Iran and reinstated its naval blockade in the Strait of Hormuz Tuesday

The Independent UK

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The Independent UK

Trump’s inflation problem isn’t over as Iran tensions drive up oil prices

Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again

The Economic Times

Iran's tankers take secret route through Hormuz to dodge US sanctions

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against US allies, striking UAE oil tankers and killing an Indian sailor. The US announced a reinstated naval blockade of Iranian ports and coastal…

The Economic Times

A $2.5 billion FII buying has domestic investors asking: Is foreign money shifting to India?

Foreign investors bought Indian equities in July after significant selling periods. This return follows easing geopolitical concerns and improved global risk sentiment. India's growth story and diversified opportunities attract foreign capital for the long term. Analysts remain cautious, awaiting sustained inflows to confirm a trend. Crude oil prices and US…

The Economic Times

Sensex falls 500 points, Nifty slips below 24,100 as US-Iran conflict escalates. What lies ahead?

Indian stock markets edged lower on Tuesday, with major indices Sensex and Nifty falling. Escalating Middle East tensions contributed to rising oil prices, impacting investor sentiment negatively. Several prominent companies like HCL Technologies and Bajaj Finance saw significant share price drops. While some sectors like IT and Metal showed marginal…

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The Economic Times

Rupee's fall past 96/USD erases rally spurred by dollar inflow measures

The rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in the Middle East deepened, leading to fresh strikes between the US and Iran. Indian equities also faced pressure, with the Nifty 50 index experiencing losses. The…

The Guardian - AU

US Fifth Fleet targeted in Bahrain, says Iran, in latest exchange of strikes – as it happened

This blog is closed

The Economic Times

Explained: Venezuela's complex and contested debt puzzle

Venezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and $240 billion. External commercial Eurobond debt totals approximately $60 billion, with accrued interest. Bilateral lending accounts for about $25 billion, including significant amounts to Russia and China. Arbitration claims and…

The Times of India

Middle East crisis: Indian killed, sirens blare across Gulf states as US-Iran trade strikes - top developments

In a significant escalation, two Emirati oil tankers were hit by Iranian cruise missiles in the Strait of Hormuz. Tragically, one Indian national lost their life, while eight crew members suffered injuries during the assault. Calling this act unacceptable, the United Arab Emirates pledged a robust response. Iran defended its…

Pedestrian.tv

Grab Ya Wallets Because Go-To Skincare Just Dropped A Haircare Range & We Can Confirm It’s Good, Real Good

"As a curly hair girl, hair oil can often be my best friend or my worst enemy. In this case, I think we're going to be besties."

The Economic Times

Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged 9.6%, marking its biggest single-day jump since May 2020. Crude prices are now at their highest levels since the…

Times Life

Most Indian Salons Are Getting Nail Care Wrong: What You Should Be Doing for Your Nail Beds

The Cuticle Problem Every Indian Salon HasWalk into almost any nail salon in Mumbai, Delhi, or Bengaluru and the first thing a technician will do is clip your cuticles. It feels thorough. It looks clean. It is also the single most damaging thing you can do to a nail bed.…

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