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The Latest Breaking News from Oil

Britain faces one of the largest shocks from Iran war energy crisis, warns IMF

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz

The Independent UK

US military pounds Iranian ammo depot with 900kg ‘bunker buster’ bombs in dramatic footage

US forces hit a target in the city of Isfahan with ‘penetrator munitions’ designed to tear into targets underground

The Independent UK

Oil Prices Could Hit $200 as Experts Warn Hormuz Closure Past Mid-April Triggers Full-Blown Global Fuel Crisis

The global fuel crisis worsens as the Strait of Hormuz remains closed, causing oil prices to surge. Analysts warn of possible $200 per barrel prices, affecting global markets and consumer costs.

International Business Times UK

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EU calls on member states to curb oil demand and prepare for prolonged disruption

EU urges governments to boost energy savings and explore alternatives amid supply pressure, letter seen by Euronews reveals.

Euronews

UAE announces April 2026 petrol and diesel prices as rates jump by up to Dh2 per litre

UAE motorists will face significant fuel price increases in April 2026, with petrol and diesel rates set to rise by up to nearly Dh2 per litre. This sharp hike, approved by the UAE Fuel Price Committee, reflects escalating global crude oil prices driven by geopolitical tensions and supply disruptions.

The Times of India

Trump tells Britain 'go get your own oil’ and Hegseth mocks 'big, bad Royal Navy' in latest attacks on UK over Iran war

Donald Trump has blasted Britain for refusing to help in the ‘decapitation of Iran’ as rising oil and gas prices hit UK consumers

Evening Standard

Iran war briefing: Trump’s new threat to Tehran as Dubai oil tanker hit

IN FULL

The Independent UK

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Newsletter: Lebanese minister says situation ‘dramatic’ as Israel expands ground invasion

Also in this newsletter: Euronews exclusively previews an EU statement on the Israeli bill re-introducing the death penalty, passed by the Knesset on Monday.

Euronews

Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil

Cairn Oil & Gas aims to rapidly grow as India’s top private energy producer.

Fortune

Ukraine urged by allies to halt Russian oil attacks amid rising energy prices

IN FULL

The Independent UK

US attacks Iranian nuclear site while Tehran hits oil tanker off the Dubai coast

A likely strike by the United States hit the central Iranian city of Isfahan, sending a massive fireball into the sky, and Tehran struck a fully loaded Kuwaiti oil tanker in the Persian Gulf

The Independent UK

Will UAE fuel prices rise in April 2026 as global crude nears $115? What motorists can expect

UAE motorists should brace for higher fuel prices in April 2026 as global crude oil nears $115 per barrel. The monthly price adjustments directly reflect international market trends. Tight supply, steady demand, and geopolitical factors are driving this surge, likely increasing commuting and logistics costs for residents.

The Times of India

Trump Iran Threat 'No Deal, No Infrastructure' Warning Shakes Strait of Hormuz Talks

Trump warns Iran of targeting civilian energy and water systems if Strait of Hormuz deal fails, raising oil market and Middle East tensions

International Business Times UK

Oil above $115 as markets grapple with uncertainty over Trump’s next move

Oil prices climbed higher by early afternoon in Europe, following news about further escalation of the war in Iran.

Euronews

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The Independent UK

Brazil’s dual-fuel ethanol fleet stabilizes gasoline prices despite Iran war oil shock

Brazil is finding protection in a decades-old buffer against shocks that is both cheap and environmentally friendly as global oil markets tremble amid the escalating conflict in the Middle East

Euronews

Iran war sparks renewables boom as Europeans rush to buy solar, heat pumps and EVs

The war on Iran has become a catalyst for green technology, as Europeans scramble to find less volatile alternatives to oil and gas.

The Guardian - UK

More drilling in North Sea ‘not the answer’ for UK energy security, say former military leaders

Government told to focus on transition to mix of wind, solar, tidal and nuclear energy

The Independent UK

Oil steadies and Asian stocks are mostly lower on mixed signs on Iran

Oil prices have steadied and Asian stocks are mostly trading lower, as signs of a de-escalation of the Iran war remain mixed

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The Guardian - UK

‘There’s no safe place here’: Kuwaiti tanker hit by Iranian drone attack in Dubai port

Dozens of other vessels leave area after drone strike causes fire onboard tanker owned by Kuwait’s state oil company

The Independent UK

One of the world’s rarest whales under threat from Trump’s Gulf drilling plans

Other species, including threatened manatees and endangered sea turtles, are also at significant risk

The Independent UK

JetBlue is raising the price of checked bags by at least $4 as airline grapples with higher fuel costs

The budget-friendly airline appears to be the first major U.S. carrier to hike baggage fees amidst the fallout from the U.S.-Israeli war with Iran — but it may not be the last

The Independent UK

Federal 'God squad' poised to exempt oil and gas drilling in the Gulf from endangered species rules

Trump administration officials will soon consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act

The Guardian - AU

Emirates says Iranian nationals are not allowed to enter or transit through UAE – as it happened

This blog is closed.

MyLifeXP

Indian Oil’s Chhotu LPG: No Booking, Just Go

Imagine running out of gas in the middle of cooking No backup. No time. No help. And then someone says Just walk out and buy a cylinder instantly. Sounds impossible, right? But Indian Oil Corporation just made it real. No booking. No waiting. No long process Just pick it up…

The Independent UK

Iran-US war latest: Trump says conflict will end in ‘two to three weeks’ as drone sparks fire at Kuwait airport

Donald Trump said the US will be leaving the Middle East ‘very soon’

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