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The Latest Breaking News from Oil

China stockpiled huge amounts of oil before Iran war

The stockpile is emerging as a strategic advantage with the Strait of Hormuz largely closed.

Axios

What would a permanent ‘Tehran’s tollbooth’ on oil mean for the world?

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to come

The Guardian - UK

EU approves €90bn loan for Ukraine and fresh Russia sanctions – as it happened

Move comes after Hungary and Slovakia dropped opposition following reopening of the Druzhba oil pipeline

The Guardian - UK

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Russian oil flow to Slovakia via Druzhba pipeline resumes

Bratislava confirmed that the country started receiving crude oil through the Druzhba pipeline early on Thursday, after a three-month halt.

Euronews

Energy Insider: China Cuts Domestic Fuel Prices for First Time This Year

Middle East tensions roil China’s oil imports, CATL counters BYD with new fast-charging battery technology

Caixin Global

Announcing our 2026 woman&home Hair Awards winners!

The results are in, and good hair days are in your future. We’ve tested hundreds of products to help you shop with confidence…

Woman & Home

Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened

UK consumer optimism drops for third month running, as people grow more worried about the economy and their personal financial situation

The Guardian - UK

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Oil and gas giant feels the heat from climate activists

Shareholders have jeered as protesters concerned about the environment repeatedly disrupted a meeting hosted by Australia's biggest oil and gas company.

AAP

Russian oil to Slovakia resumes flowing through pipeline that crosses Ukraine

Slovak Economy Minister Denisa Saková says the flow of Russian oil to Slovakia through the Druzhba pipeline that crosses Ukraine has resumed

The Independent UK

European Union approves €90bn loan for Ukraine after Hungary lifts veto

The European Union has cleared the way for a €90 billion loan to Ukraine, with a final sign-off expected on Thursday, after oil flow via the disputed Druzhba pipeline to Slovakia resumed early on Thursday, according to the Slovak authorities.

Radio France Internationale

How long will it take for US to clear Strait of Hormuz mines positioned by Iran?

Iran's alleged mining of the Strait of Hormuz could delay its reopening for up to six months, according to Pentagon reports to Congress. This sophisticated deployment, using GPS technology, is making detection difficult for US forces. The standoff has already impacted global oil prices, with Brent crude exceeding $100 per…

The Times of India

Revealed: Londoners' working week at 21-year record high as unemployment rises in cost of living crisis

EXCLUSIVE: How the capital’s workforce has been hit by tax rises, the Covid pandemic, wars and now faces artificial intelligence turmoil

Evening Standard

Asian stocks retreat and oil tops $100 despite fresh records on Wall St

Asian stocks have retreated while oil prices gained as investors reacted to shaky prospects for more talks on ending the war with Iran

The Independent UK

‘Cut fossil fuel industry’s lifeline’: How subsidies and petrochemicals are propping up oil and gas

Experts on the major wins they want to see from the Santa Marta fossil fuel phaseout conference.

Euronews

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AAP

Oily orange water result of mine pollution, court told

A rural community group alleges rivers, ponds, dams and water tanks have been contaminated by pollution from one of Australia's largest gold and copper mines.

The Independent UK

Oil prices hold above $100 as Iran seizes ships in Strait of Hormuz and peace talks stall

Iran seized two container ships seeking to exit the Gulf via the strait on Wednesday, tightening its grip on the waterway

Times Pets

Functional Foods for Pets: Beyond Basic Nutrition

A pet enjoying a nutrient-rich meal designed to support overall health and wellness.

Pet nutrition has evolved far beyond simply filling a bowl with kibble. Today, pet owners are increasingly focusing on functional foods ingredients that not only provide basic nutrition but also deliver additional health benefits. These foods play…

AAP

ASX dips, oil rises as conflict realities weigh heavily

A grim geopolitical outlook is weighing on the local bourse, as the US-Iran conflict and its resulting energy shock push the global economy towards recession.

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news in one place.

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The Independent UK

Boom time for Chinese solar makers as Middle East oil crisis drives demand

Exports in March were equivalent to Spain's entire solar capacity

Evening Standard

BP facing tense clash over climate transparency and shareholder rights at AGM

The oil major could face investor dissent on several fronts during the meeting at its Sunbury-on-Thames hub in Surrey.

Evening Standard

Urgent action on oil and gas decommissioning could create 25,000 jobs – report

Redwater Insights said 500 North Sea oil and gas wells are already overdue for decommissioning, and a further 1,700 are due to be plugged.

Homes & Gardens

Scenting Experts Agree That This $10 Fragrance Oil Makes Your Home Smell Like the Ritz-Carlton

Fig is a fresh and sunny scent that's perfect for spring and beloved by the iconic hotel

Barchart

Soybeans Fall Lower on Wednesday with Product Pressure

Soybeans rounded out the Wednesday session with contract slipping into the close, down 4 to 11 ¼ cents on the day. The cmdtyView national average Cash Bean price was down 9 1/2 cents at $11.01 1/4. Soymeal futures were down $2.90 to $4.90 on the day, with Soy Oil futures...

Barchart

Cotton Falls Back on Wednesday

Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher at $98.430. Crude oil was up another $3.20 to $92.87. The Seam showed 905 bales sold on April 21 at an average of 74.69...

Barchart

Stocks Settle Higher as Nasdaq Posts a Record High on Tech Strength

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.73%. June E-mini S&P futures (ESM26 ) rose +0.99%, and June E-mini Nasdaq futures...

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