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The Latest Breaking News from Oil

Cars make way for bikes as Sydney commuters saddle up to circumvent ‘crazy’ fuel costs

The shock of the oil crisis is playing out on Australian streets, where bike sales are up and cycle lanes are busier

The Guardian - AU

What could move the markets this week? Here’s what investors are watching

European markets return from the Easter break on Tuesday, coinciding with a deadline set by US President Donald Trump for Iran to fully open the Strait of Hormuz.

Euronews

Could Easing Iran Tensions Trigger an Amazon Pre-Earnings Rally?

Amazon could rally into earnings if oil prices fall, as easing inflation would simultaneously support tech sentiment and consumer demand.

MarketBeat

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Axios reveals 45-day ceasefire deal in play, will it happen before Trump’s Tuesday deadline?

The clock is ticking fast

We Got This Covered

House Republican Says US Boots In Iran Would Be For One Reason Only: Seizing Enriched Uranium

Rep. Mike Lawler has stated that seizing enriched uranium is the only justification for US boots on the ground in Iran. As Operation Epic Fury enters week six, the 60-day War Powers Act deadline looms.

International Business Times UK

France rolls out 'flash fuel loans' to shield small firms from oil price spike

France is preparing to roll out a rapid financial lifeline for small businesses grappling with soaring fuel costs, as the economic fallout from the war in the Middle East continues to ripple across key sectors.

Radio France Internationale

Stocks Point To Mixed Open As Trump's Iran Deadline Clouds Outlook

Oil prices have climbed above $110 per barrel on concerns over potential supply disruptions, underscoring the market's sensitivity to geopolitical headlines ahead of the trading session.

International Business Times

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Current price of oil as of April 6, 2026

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

Fortune

Donald Trump dispatches ‘God Squad’ to wipe out the last 51 ocean giants that have survived 3,000,000 years

The whales died so that tankers can move faster.

We Got This Covered

How selling Alaska in 1867 was a costly mistake for Russia

In 1867, Russia’s decision to sell Alaska to America turned out to be a historic mistake that was to go unnoticed for years to come. The sum paid by the US was only $7,200,000. Although, in the light of the circumstances at the time, it appeared logical, retrospectively, the act…

The Times of India

What Happens When You Lie to Lord Shiva’s Avatar

In the crowded, vibrant heart of Kathmandu lies a statue that stops people in their tracks. Kalabhairav, the fierce form of Lord Shiva, is not just a sculpture he is the judge of truth. Local legend says that anyone lying while locking eyes with him faces instant karmic punishment. Travelers…

MyLifeXP

Thailand PM urges working from home amid fears over energy crisis

Anutin Charnvirakul encourages measures such as home working and carpooling as country is reliant on oil imports

The Guardian - UK

1 Stock To Buy And 1 To Sell If The War In Iran Ends

If tensions ease and oil starts falling, American Airlines offers some solid recovery upside while Exxon’s rally could quickly unwind from current levels.

MarketBeat

‘A surrender to special interests’: alarm as Utah shields fossil-fuel companies

New legislation comes amid push from big oil, as critics warn polluters’ profits prioritized over Americans’ health

The Guardian - US

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news in one place.

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The Guardian - US

War in Iran is boosting profits for oil and defense companies as US gas prices soar

As Americans struggle with rising prices, Lockheed Martin, Shell and other companies are experiencing gains

The Times of India

Ukraine launched 7,347 drones at Russia in March, outpaces Moscow for first time since 2022

Ukraine has outpaced Russia in drone attacks for the first time since the war began. Kyiv's forces targeted Russian oil infrastructure, aiming to disrupt funding for the conflict. Russia reported intercepting a record number of Ukrainian drones. Both nations continue to rely heavily on long-range strikes, raising concerns about the…

Barchart

Stocks Set to Open Higher on U.S.-Iran Ceasefire Hopes, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.51%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.81% this morning, pointing to a higher open on Wall Street after the long weekend as hopes for a ceasefire in the U.S. war with Iran outweighed a series of aggressive threats…

The Guardian - UK

Thousands of small UK firms’ energy bills set to more than double due to Iran war

Companies using heating oil have already begun rationing their fuel use, says Federation of Small Businesses

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news in one place.

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The Independent UK

Oil prices surge again after Trump issues new threat to Iran

IN FULL

Evening Standard

Iran warns of 'devastating' retaliation in defiant stance as Trump deadline to 'unleash hell' looms

Trump shared an expletive-laden social media post threatening further bombardment if Iran doesn’t open the Strait of Hormuz

The Independent UK

A Russian attack kills 3 in Odesa while Ukraine targets Russian oil infrastructure, officials say

Ukrainian officials say a Russian drone attack on Odesa has killed two women and a toddler

Euronews

OPEC+ to hike crude output: Will it make a difference to oil prices?

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has agreed ‌to increase its crude output as the Middle East conflict continues to disrupt oil traffic passing through the Strait of Hormuz.

Radio France Internationale

Ukrainian forces operating in western Libya as covert war grows

Ukrainian military forces are operating in western Libya and were behind a recent attack on a Russian tanker in the Mediterranean, an RFI investigation has found. The findings point to a largely covert confrontation between Kyiv and Moscow as they compete for influence on Libyan territory, four years into their…

The Independent UK

Oil back above $110 as Asian markets react to Trump’s expletive-laden threat to Iran

Trump issues new ultimatum to Tehran to end its chokehold over major Persian Gulf waterway

International Business Times UK

Trump Truth Social: 'Power Plant Day' Warning Sparks Panic as Iran Defies Strait of Hormuz Demand

Could Trump's Truth Social post on 'Power Plant Day' escalate Iran tensions and disrupt global oil markets? Analysts and politicians react

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