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The Latest Breaking News from Oil

Nearly $5 trillion wiped from the markets, and Donald Trump says it ‘hasn’t been that bad’

Not that bad for him, maybe!

We Got This Covered

Oil prices surge as hopes fade for swift end to Iran conflict

The cost of crude lifted more than 3% to 117 US dollars a barrel at one stage in Monday morning trading.

Evening Standard

Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress

U.S. President Donald Trump openly mused about seizing Iran’s Kharg Island oil terminal in the Persian Gulf and the United States and Israel kept up their attacks on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks

The Independent UK

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Trump says 'no problem' for Russian tanker to deliver oil to Cuba

US President Donald Trump said Sunday that Moscow could send oil to Cuba despite Washington's de facto fuel blockade, as a Russian tanker was expected to deliver 730,000 barrels of crude to the crisis-hit island.

Euronews

Oil prices hit $117 a barrel amid Iran war chaos

IN FULL

The Independent UK

How Often Should You Bathe Your Dog ?

Keeping your dog clean is an important part of responsible pet ownership, but many owners often wonder how frequently their dog actually needs a bath. While some dogs seem to need regular cleaning, others can go weeks or even months without one. Bathing too often can strip natural oils from…

Times Pets

Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oilwells and export hub

Investors nervous over escalation of Middle East conflict as US president says he wants to ‘take the oil in Iran’

The Guardian - US

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Petrol, Diesel Prices Remain Unchanged Despite Global Oil Surge Amid Middle East Tensions

Amid escalating geopolitical tensions in the Middle East, particularly involving the US-Iran conflict and disruptions in the Strait of Hormuz, global crude oil prices have surged to around $120 per barrel. While many countries have responded with fuel price hikes or rationing measures, India has so far managed to shield…

Whats Hot

Iran war briefing: Trump says he could ‘easily’ seize Kharg Island amid oil price jump

Donald Trump has said America could “very easily’ seize Kharg Island - Iran’s main oil terminal in the Persian Gulf. It came as oil prices were set ‌for a record monthly rise; Brent crude futures jumped $3.09, or 2.74 per cent, to $115.66 a barrel on Friday. On Saturday, Yemen's…

The Independent UK

Energy Lockdown Warnings Grow as Australia Announces Temporary Fuel Excise Cut

While officials insist Australia is not facing an immediate shortage, the government's latest move underscores how quickly the crisis is forcing nations to balance economic relief.

International Business Times UK

Newsletter: G7 ministers to hold crunch talks as war’s economic fallout deepens

Also in this newsletter: Outrage after Israeli police stopped the heads of the Catholic Church in Jerusalem from entering the Holy Sepulchre on Palm Sunday.

Euronews

Brent crude rises after Trump says he wants to ‘take the oil’ in Iran and Yemeni Houthis launch second attack on Israel – as it happened

Brent crude on track for record monthly increase; aluminium prices hit four-year highs after Iranian attacks on Middle East smelters

The Guardian - UK

Petrol prices latest: Motorists hit by 23-year record over cost of diesel as Starmer prepares for emergency talks

The average price of a litre of diesel at UK forecourts rose to 179.9p on Sunday, 28.5p more than petrol (151.4p).

The Independent UK

Is Russia On The Verge Of A Coup? Putin Allegedly Pressured By War Supporters In Worsening Fuel Crisis

Speculation about a coup in Russia has grown amid fuel disruptions and criticism of Vladimir Putin, but officials say there is no evidence of an imminent power shift.

International Business Times UK

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Evening Standard

Trump talks up 'ending' Iran war as oil price jumps and stocks fall after more US troops sent to Middle East

The US president appears to be seeking an off-ramp to end the conflict while escalating his threats

Evening Standard

FTSE 100 Live 30 March: Index rallies despite higher oil price, car finance update due

The surge in energy prices continued today after President Trump said he is considering seizing Iranian oil hub Kharg Island.

Marie Claire

The New-Season Beauty Edit: March’s Most Considered Launches

New, noteworthy and completely necessary

inkl

The Five Best RSO Gummy Brands

Cannabis edibles have evolved quickly over the past decade. What began as simple brownies and candies has grown into a sophisticated category with carefully formulated products designed for specific experiences.

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news in one place.

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AAP

Top forecaster's dire prediction if Iran war drags on

Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

Euronews

European markets mixed as Iran tensions push oil prices higher

Brent crude has jumped more than 50% since the Iran conflict began, as Asian markets fall and European stocks follow suit.

The Guardian - UK

Will Trump bring peace, or more bombs? Shady speculators seem to bet right every time

The president may not be benefiting directly from betting markets, but he has encouraged a culture that treats politics like a casino floor, says Guardian columnist Nesrine Malik

The Times of India

Iran issues US troops will be 'set on fire' warning; Pakistan to host talks to end war: 10 things to know

Pakistan is preparing to host negotiation talks between the United States, Iran and Israel after a month of war marked by military escalation, diplomatic backchannels and competing claims of progress toward a ceasefire. Islamabad has emerged as a potential mediator, even as Iran hardened its rhetoric against possible US ground…

The Independent UK

Asian shares decline as oil prices soar amid the war in Iran, echoing last week's Wall Street drop

Asian shares are mostly declining, as worries continue about soaring oil prices and the potential for further escalation in the U.S. war with Iran

The Guardian - AU

Oil set for record monthly gain – as it happened

This blog is closed – our live coverage continues on a new blog here

AAP

Australian shares sink as oil hits $US116 a barrel

The Australian share market has fallen 0.7 per cent after oil prices hit a nearly four-year high and Houthi militants entered the Middle East war.

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