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The Latest Breaking News from Oil

The Charlotte Tilbury powder that keeps Cat Deeley shine-free and fresh all morning on set

The TV presenter gave us a glimpse of her pre-show makeup routine...

Woman & Home

Crude Oil Prices Climb as Tanker Traffic Slows Through Strait of Hormuz

August WTI crude oil (CLQ26 ) today is up +1.23 (+1.78%), and August RBOB gasoline (RBQ26 ) is up +0.0732 (+2.59%). Crude oil and gasoline prices are moving sharply higher today amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the strait....

Barchart

Stock Indexes Push Higher as Megacap Tech Stocks Rally

The S&P 500 Index ($SPX ) (SPY ) is up +0.73% today; the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. September E-mini S&P futures (ESU26 ) are up +0.76%, and September E-mini Nasdaq futures...

Barchart

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Woman Goes 4 Years Without An Oil Change. Then She Goes To Take 5: ‘I’m So Nervous’

"An oil change wasn’t really my concern."

Motor1

Dollar Moves Lower as Equity Markets Strengthen

The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are limited as today's +1% gain in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep monetary policy tight,...

Barchart

Stock Indexes Supported by Strength in Megacap Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.59%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. September E-mini S&P futures (ESU26 ) are up +0.73%, and September E-mini Nasdaq futures...

Barchart

Hormuz oil transits continue though attacks make owners wary

Vessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on two vessels. While US-assisted navigation continues, a Saudi supertanker and other carriers were tracked with transponders off, suggesting a cautious approach. The situation highlights the critical role of tanker…

The Economic Times

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Current price of oil as of June 29, 2026

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

Fortune

Oil Edges Up After Hormuz Strait Flareup; WTI Climbs Back Above $70 a Barrel

Oil edged up on Monday after a flareup in the Strait of Hormuz over the past days.

International Business Times

Trump says Iran has requested a meeting, but Iranian officials say nothing has been scheduled

Amidst escalating tensions in the Strait of Hormuz, President Trump announced a potential meeting with Iran in Doha, though Iranian officials denied any scheduled talks. Iran's president claimed $6 billion in frozen assets would be released by Qatar, a move seen as bolstering public support for an interim deal. Recent…

The Economic Times

Expert Warns Crude Could CRASH Despite Middle East Tensions — Here's Why Petrol Prices May Plunge

Analysts predict oil prices may stabilise as supply improves and demand remains steady, despite ongoing tensions in the Middle East.

International Business Times UK

Cotton Posting Monday AM Gains

Cotton price action is up 75 to 87 points so far on Monday morning. Futures were down 9 to 174 points on Friday. July was down 577 points last week as December was 329 points lower. Crude oil was back down $1.40/bbl to $70.52. The US dollar index was back...

Barchart

Oil cools, monsoon heats up concerns for India's rural economy

The recent drop in crude oil prices is providing some relief from inflation worries. Yet, the unpredictable monsoon season poses a serious risk to the purchasing power in rural India. In light of this, businesses are reshaping their portfolios, recognising that erratic rainfall can hinder agricultural profits and consumer spending.

The Economic Times

Trump administration targets California coastal agency in escalation of energy production fight

US commerce department accuses state of ‘environmental terrorism’ and plans to evaluate its coastal agency

The Guardian - US

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Ideal Home

Thousands of households in England and Wales to be eligible for £9,000 of a heat pump – everything we know so far

The Boiler Upgrade Scheme grant is increasing from July

The Guardian - US

Trump officials to slash public input on fossil fuel drilling on federal lands

Plan to limit scrutiny of polluters and shift financial risks to taxpayers is attack on democracy, advocates say

TAG Heuer’s fourth Gulf Oil watch collaboration highlights the technical chaos of Formula 1 racing

TAG Heuer teams up with Gulf Oil for a fourth time on my favourite watch yet

The Independent UK

Stray Ukrainian drones crashing onto Nato soil are price worth paying to defeat Putin, says Estonian foreign minister

‘We are not saying to Ukraine to stop it,’ said Margus Tsahkna

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France 24

China, EU commerce ministers meet amid widening trade imbalance

EU Trade Commissioner Maros Sefcovic and his Chinese counterpart are meeting in Brussels as Europe prepares countermeasures to battle a flood of cheap imports. Also, oil prices climb after a weekend of renewed strikes between the US and Iran, and South Korea unveils a massive new investment in chip production.

Bangkok Post

Electric, hybrid and the road ahead: Mercedes-Benz CEO on the future of driving

“The future is fully electric,”the president and CEO of Mercedes-Benz (Thailand), Christian Schell , declared, expressing his confidence in the automobile's future path. This was emphasized in the first half of 2026 by the oil crisis , when people turned to buying electric vehicles (EVs) in fear of fuel shortages…

The Guardian - UK

Putin admits Ukrainian drone strikes are driving Russian fuel shortages

President says attacks on infrastructure are causing ‘obvious’ problems but that they are ‘not critical’

The Economic Times

Goldman backs India 30-year bonds as Iran war impact contained

Goldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced fiscal risks after the US-Iran ceasefire. The brokerage believes the long end of the bond curve offers better value as shorter-term bonds have already rallied.

We Got This Covered

‘Eventually, they start watching back’: Oil rig worker expected storms and to miss his kids, then he found he actually needed to be afraid of the water

“Most of us just don't talk about them.”

International Business Times UK

Russia-Ukraine War Update: Putin Admits Fuel Problems as Ukraine Attacks Two Russo Oil Refineries

Ukraine's strategic strikes on Russian oil refineries have led to fuel shortages, prompting rationing and economic concerns. President Putin acknowledges the crisis, while diplomatic tensions rise.

Bangkok Post

The Road Ahead – What Will We Be Driving Next?

The oil crisis. The rise of electric vehicles. The integration of Artificial Intelligence. The automotive industry has experienced influential forces in recent years that will define the future of how we drive for years to come. In this episode of the Bangkok Post’s “Mind The Gap: The Road Ahead –…

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