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The Latest Breaking News from Oil

It's a shame the US and Iran can't both lose

The last time oil tankers were being shot up in the Persian Gulf, back in the 1980s, it was Saddam Hussein's brutal tyranny in Iraq versus Ayatollah Khomeini's revolutionary Islamist regime in Iran, and people used to say, "It's a shame that both sides can't lose."

Bangkok Post

SET continues to outperform the region

After defying the "Sell in May" trend, the Stock Exchange of Thailand (SET) in June continued to rise, helped by the US-Iran ceasefire.

Bangkok Post

Cotton Fading Back Lower on Monday

Cotton futures are fading lower, with contracts down 20 to 25 points, as thin October is up 16 points. Crude oil is back up $4.21 on the day following increased tensions with the US and Iran. The US dollar index is up $0.285. Friday afternoon’s Commitment of Traders report showed...

Barchart

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Soybeans Posting Monday Rally

Soybeans are trading with midday gains of 7 to 11 ½ cents so far. The cmdtyView national average Cash Bean price is up 9 1/2 cents at $11.54 1/4. Soymeal futures are down $2.30, with Soy Oil futures 248 to 300 points higher. There were 45 deliveries issued against July...

Barchart

Tom Cruise unveils remarkable transformation in Digger trailer: ‘I’ve never had something that could challenge me in this way’

The new Alejandro González Iñárritu film sees Cruise playing an eccentric oil baron on a mission to save the world

The Guardian - US

FTSE 100 flat as oil price rises amid Middle East tensions

The FTSE 100 closed up 1.00 point at 10,498.29.

Evening Standard

Lindsey Graham may be dead, but his ‘bunker-buster’ looms over India

Senator Graham's Russia Sanctions Bill remains a significant concern for India's energy security. This legislation targets countries purchasing Russian energy, placing India and China in its sights. Graham's recent death may have unexpectedly boosted the bill's political momentum. India's increasing reliance on Russian crude oil makes its exposure more pronounced.…

The Economic Times

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Crude Oil Prices Surge as US Reinstates Blockade of Iran

August WTI crude oil (CLQ26 ) today is up +3.46 (+4.87%), and August RBOB gasoline (RBQ26 ) is up +0.1036 (+3.47%). Crude oil and gasoline prices are up sharply today amid an escalation of US-Iran hostilities over control of the Strait of Hormuz. Gains in crude oil accelerated today after...

Barchart

Stocks Retreat on Chipmaker Weakness and US-Iran Standoff

The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. September E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures...

Barchart

Dollar Supported by US-Iran Hostilities

The dollar index (DXY00 ) today is up by +0.15%. The dollar has found support today on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, today’s stock market weakness is boosting liquidity demand for the dollar. In...

Barchart

Get Ready for Cattle Prices to Keep Falling as Crude Oil Pops Higher

October live cattle futures present a selling opportunity on more price weakness.

Barchart

Stocks Fall on Weakness in Chipmakers and Renewed US-Iran Hostilities

The S&P 500 Index ($SPX ) (SPY ) today is down -0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.51%. September E-mini S&P futures (ESU26 ) are down -0.29%, and September E-mini Nasdaq futures...

Barchart

Gold drops more than 1% as rising Middle East tensions add to rate-hike fears

Gold prices saw a notable decline amidst rising tensions in the Middle East, driven by concerns over inflation linked to escalating oil prices. The prospect of an interest rate hike from the Federal Reserve in September is keeping traders on edge as they await crucial economic data releases this week.…

The Economic Times

Diamondback Energy's Quarterly Earnings Preview: What You Need to Know

Diamondback Energy will release its second-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.

Barchart

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The Economic Times

US stocks today: S&P 500, Nasdaq decline as Iran tensions jolt sentiment; chip stocks fall

On Monday, stock markets dipped as rising oil prices intensified due to increasing tensions between the U.S. and Iran. This surge in oil costs exacerbated the ongoing decline in chip stocks, heavily weighing on the Nasdaq index. Investors are now tasked with weighing strong corporate earnings against escalating geopolitical uncertainties.

Bangkok Post

Refreshed US-Iran strikes enter second day

DUBAI - US military strikes on Iran entered a second day on Monday in a new surge of fighting over the status of the Strait of Hormuz that endangered a fragile interim agreement and sent oil prices spiking.

International Business Times

Traffic Through The Hormuz Strait Is Decreasing Again. Oil Prices Are Climbing As a Result

Oil keeps rising on Monday as tensions continue to flare up between the U.S. and Iran in the Strait of Hormuz.

The Economic Times

Oil pangs resurface for rupee, options market gauge signals bearish bias

On Monday, the Indian rupee fell to its lowest level in over a month, driven down by rising oil prices amid escalating tensions between the US and Iran. Despite the currency's decline, traders observed that the central bank's potential intervention helped mitigate further losses. Additionally, India's merchandise trade deficit saw…

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Fortune

Oil prices are on the march once again after the U.S-Iran conflict intensifies—it's yet another headache for Warsh and the Fed

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and as a result, the trajectory of the base rate, notes Goldman Sachs.

Barchart

Stocks Set to Open Lower as SK Hynix Sparks Chip Selloff, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU26) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.94% this morning, pointing to a lower open on Wall Street as chipmakers came under renewed selling pressure following a selloff in their South Korean peers.

The National (Scotland)

UK Government 'poised to approve drilling of North Sea's Jackdaw gas field'

ENERGY Secretary Ed Miliband is poised to approve development of the Jackdaw gas field in the North Sea – but not the Rosebank oil field ...

The Economic Times

Sensex rises 47 points, Nifty closes above 24,200 as market recovers all morning losses. What’s ahead?

Indian benchmark indices erased steep intraday losses to end marginally higher on Monday, supported by a strong rally in IT stocks and continued foreign fund inflows despite escalating tensions between the US and Iran. Analysts said the market's near-term direction will hinge on crude oil prices, with Brent remaining below…

Benzinga

Stock Market Today: Dow Jones, Nasdaq 100, S&P 500 Futures Slips as US and Iran Exchange Strikes— Saratoga, Exxon Mobil, Levi's Strauss In Focus (UPDATED)

U.S. stock futures declined on Monday, as the Dow Jones, Nasdaq 100 and S&P 500 indices fell, following Friday’s higher close.

Fortune

Current price of oil as of July 13, 2026

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

The Economic Times

Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concerns

Eurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced a closure of the Strait of Hormuz. This renewed conflict has increased concerns over global inflation and economic stability.

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