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The Latest Breaking News from Oil

Is Donald Trump’s triumphal tone on Iran facing a reality check?

President Trump's claims of 'decimating' Iran are challenged by two US warplane losses. Allies are distancing themselves, with France and Britain focusing on reopening the Strait of Hormuz. Iran's actions are deepening economic fallout by disrupting oil flows. Diplomatic efforts continue amidst regional escalations.

The Times of India

Ingredient Swaps Why Your Favorite Pasta Sauce May Taste Different This Year

You open a jar of your favorite pasta sauce, pour it over noodles, and take a bite. The flavor feels wrong. It lacks the richness you remember from last year. You assume you bought a bad batch. The truth is much more systemic. The food industry is facing a severe…

Grocery Coupon Guide

Sea-Watch rescue 44 migrants from abandoned oil rig in Mediterranean

Dozens of migrants have been rescued from an abandoned Mediterranean oil rig. It is the second incident of its kind this week, highlighting the dangers of the North Africa crossing.

Euronews

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Donald Trump's Ukraine Peace Move Is Plot to Cripple China, Modern Nostradamus Claims

A Brazilian psychic known as the 'Modern Nostradamus' claims Donald Trump's push for peace in Ukraine is actually a bid to choke China's oil supplies and blunt its rise.

International Business Times UK

‘The good old days are gone’: how will US prices stand as war in Iran surges on?

Beyond rising costs of gas and air travel, experts say this is likely just beginning of higher prices amid global volatility

The Guardian - US

US and Iran: A brief history of how decades of mistrust and bad blood led to open warfare

With U.S. bombs raining down on Iran and Tehran’s leaders responding by hitting targets across the Persian Gulf and restricting transit through the Strait of Hormuz, it is fair to suggest that the present moment represents a low in relations between the two countries.

The Conversation

Donald Trump bombed Iran to weaken the country, but accidentally gifted a multi-million dollar business that’s keeping them alive

A massive silver lining for Iran.

We Got This Covered

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How to Keep Garden Tools Rust-Free Without Chemicals

There is nothing charming about rust. It does not add character, it does not tell a story, and it definitely does not help a shovel glide through soil or a pair of pruners slice cleanly through stems. Rust signals neglect, wasted money, and tools that will fail right when they…

Frugal Gardening

European ministers call for profit caps on energy companies as Iran war drives price surge

Finance ministers from five European Union member states are urging the bloc to introduce a windfall tax on energy companies as surging oil and gas prices raise inflation fears

The Independent UK

Cubans study oil tanker diplomacy for signs of progress in secret talks with US

Despite hostile rhetoric Trump let a Russian ship break his blockade – could it herald a Venezuela-style outcome?

The Guardian - US

MarketBeat Week in Review – 03/30 - 04/03

Stocks and the price of oil continue to be inversely linked, and that's likely to remain the case heading into a new earnings season

MarketBeat

Oil Prices Are Climbing: 5 Ways to Get Ahead of Higher Summer Costs Before They Hit Your Wallet

Oil prices are rising fast. Learn where costs will hit next and how to save

Kiplinger

Donald Trump called allies ‘cowards’ for not joining Iran war. Now they’re fixing it themselves and didn’t even invite him

Finally, someone’s dealing with this like adults.

We Got This Covered

Five EU finance ministers call for 'tax on energy companies' windfall profits

Five European Union finance ministers are calling for a tax on windfall profits of energy companies in reaction to rising fuel prices due to the Iran war, according to a letter from the ministers to the EU Commission seen by Reuters on Saturday.

Radio France Internationale

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The Guardian - US

Oil, strait of Hormuz and empty threats: a timeline of Trump’s flip-flopping on the Iran war

In the fifth week of the war, Trump continues contradicting himself on its objectives and how Americans are affected

Newslaundry

God on their side, the bill on ours: Counting the real cost of the war in West Asia for India

With guns in their hands and God on their side – Bob Dylan John Mearsheimer writes in The Tragedy of Great Power Politics: “States rarely go to war unless they think that rapid success is likely.”It has been more than a month since Benjamin Netanyahu and Donald Trump started the…

The Guardian - UK

New North Sea drilling would barely reduce UK gas imports at all, data shows

Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%

Radio France Internationale

Iraq turns to Turkey for oil exports as Middle East war reshapes routes

Iraq is turning to Turkey as an alternative route for its oil exports, as the war in the Middle East continues. The Iraqi move comes as Ankara steps up efforts to capitalise on the shifting diplomatic, economic and security landscape in the region.

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news in one place.

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The Times of India

Why Trump’s ‘God Squad’ decision to expand oil drilling in Gulf of Mexico is a vote for a whale’s extinction

A federal decision, approved upon the request of the Trump administration, to expand Gulf oil drilling has heightened fears of extinction for the critically endangered Rice’s whale, with fewer than 50 individuals remaining. Scientists note the species already lost over 20% of its population after the Deepwater Horizon spill, warning…

Livingetc

Wait, Is Eucalyptus Actually the Best Choice for Outdoor Furniture? Here's How It Weighs Up Against Its Teak and Acacia Counterparts

From weather resistance to maintenance and eco credentials, we break down how eucalyptus compares to two of its biggest rivals before you invest in your next garden set

Fortune

Much of Iran’s military may be ‘decimated,’ but it’s winning the energy war as it picks who gets cargoes through the Strait of Hormuz

The war of attrition in Iran could lead to an Iranian “major victory” if the U.S. withdraws without controlling commerce.

Euronews

The new spring detox? How to eat like a Greek monk over Lent

A proper fast for a few weeks can boost health, researchers and nutritionists say.

The Times of India

'Only real leverage': Iran unlikely to reopen Strait of Hormuz anytime soon, claims US intelligence report

Recent US intelligence reports indicate Iran is unlikely to reopen the Strait of Hormuz anytime soon, as control of the key oil chokepoint remains its main leverage against the United States, Reuters reported.

The Times of India

Middle East continues to boil: Iran rejects US 48-hour ceasefire proposal

Iran has reportedly rejected a US proposal for a 48-hour ceasefire, with an unnamed source citing the offer was delivered via an intermediary. Tehran insists on a guaranteed, permanent end to hostilities and has dismissed claims by US President Trump about seeking a temporary truce.

The Guardian - UK

‘India is going to face a food crisis’: Farmers panic over fertiliser shortages amid Iran war

Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments saying there is enough stock to go round

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