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The Latest Breaking News from Oil

Trump Cuts Off Gas Price Discussion to Ask When Venezuela Will Build a Statue of Him During Cabinet Meeting

President Donald Trump interrupted a Cabinet briefing on rising fuel costs to ask when Venezuela would build a statue of him, drawing laughter at the meeting and criticism online for shifting attention away from the economic discussion.

International Business Times UK

Occidental Petroleum Stock May Be at a Peak - Time to Sell OXY Covered Calls?

Occidental Petroleum stock closed up 1.5% on Friday and has risen 23% since the end of February. Even if it's not a peak, it might make sense to sell OXY covered calls, given its high out-of-the-money call premiums.

Barchart

Photos show daily life in Iraq's Basra near Iranian border as war slows trade

In Basra, southern Iraq, daily routines go on under the weight of the Iran war, as workers unload cargo at Umm Qasr Port and operations slow at the nearby Zubair oil field. At the Shalamcheh border crossing, mostly Iranian travelers pass into Iraq under tighter security, offering a glimpse of…

The Independent UK

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The economics of war extend far beyond energy prices and stock markets

In the aftermath of the 2008 financial crisis, student groups pushed for curriculum change in economics. They wanted to learn about real-world economics beyond the stylized models that embroil students in mathematics.

The Conversation

Donald Trump's Golf Trips Cost Taxpayers $101.2M in 14 Months as Gas Prices Surge Amid Iran War

Donald Trump has spent over $101 million in taxpayer money on golf trips, as Americans face rising fuel costs due to the Iran conflict.

International Business Times UK

Thought the arrival of spring meant you could forget about your boiler for a bit? Me too — but the experts told me that now is actually the ideal time to give it some TLC

Me too — but the experts told me that now is actually the ideal time to give it some TLC

Ideal Home

Oil Prices Surge Above $100 as Geopolitical Tensions Drive Market Volatility

World oil prices climbed sharply in late March 2026, with benchmark crude surging past the psychologically important $100-per-barrel level amid renewed geopolitical risks in the Middle East, potential supply disruptions and cautious optimism over global demand recovery.

International Business Times

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55 Cheap, Highly-Rated Things That Are So Good at Helping With Anxiety

The collection of items below is designed to help ease stress and promote greater peace of mind.

Inverse

I Asked ChatGPT How the Iran War Will Impact My Retirement Savings — Here’s What It Said

Given the intense spin surrounding America and Israel’s airstrike war against the oil-rich country of Iran that began on February 28, it can be difficult to separate the facts from the noise -- especially regarding the consequences of the conflict.

GOBankingRates

Oil on track for record monthly surge as Iran war disrupts markets

Brent crude jumps 51% since start of March and gold suffers fifth-largest monthly fall in 50 years

The Guardian - UK

Coal is back and nuclear is next: The Iran war is rewiring Asia’s energy future

A closed Strait of Hormuz is forcing Asia to look backwards—to coal—and forward—to nuclear energy and electric vehicles—simultaneously.

Fortune

US plots Iran ground assault as 10,000 troops ready and Marines surge into Middle East

Pentagon prepares for ‘major escalation’ that could last weeks as war-gamed plans move forward, Houthi attacks widen the conflict and fears grow over global oil and trade routes being hit

Evening Standard

Top 5 Healthy Homemade Dog Food Recipes Your Pet Will Love

Homemade dog food is becoming increasingly popular among pet parents who want complete control over the quality of their dog’s meals. Preparing food at home ensures fresh ingredients, fewer preservatives, and customizable nutrition according to your dog’s needs. Whether your dog struggles with allergies, sensitive digestion, or simply needs healthier…

Times Pets

Israeli strikes and US troop buildup put Pakistan’s peacemaker role under pressure

Islamabad is attempting high-wire diplomacy between US and Iran, but Israel could spoil any chance of success

The Guardian - UK

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The Independent UK

Worries about global economic pain deepen as the war in Iran drags on

U.S. and Israeli attacks on Iran have darkened the outlook for the world economy

MyLifeXP

Russia Stops Petrol Exports: Hidden Global Impact

A sudden decision. A ripple felt across continents. Russia’s move to halt petrol exports from April 1 has triggered concern far beyond its borders. On the surface, it seems like a step to control domestic fuel prices. But the reality is far more complex. When a major energy supplier tightens…

AAP

Free rides for some as petrol pump pain continues

Free public transport will be offered across two states to offset petrol price pain and soaring demand amid the global oil crisis.

Evening Standard

Kemi Badenoch to launch ‘Get Britain Drilling’ campaign amid living cost hikes

The Conservatives will put the campaign at the heart of their proposals for bringing down the spike in energy prices.

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The Independent UK

Badenoch dismisses calls for fuel rationing as her North Sea oil drilling proposal branded ‘dangerous fantasy’

Tory leader’s plans branded ‘a dangerous fantasy’ by campaigners

The Independent UK

Some major US airlines may ‘not survive’ unless oil prices come down soon, experts warn

Jet fuel prices have ‘more than doubled in the last three weeks,’ United Airlines’ CEO warned

The Guardian - UK

Badenoch criticised for ‘peddling dangerous fantasy’ about North Sea oil drilling

Conservative leader expected to call for government to lift suspension on licences in drive to reduce energy prices

The Independent UK

Oil spill deals economic blow to fishermen in the Gulf of Mexico

A major oil spill off the Gulf of Mexico has spread more than 373 miles or 600 kilometers across the ocean and seeped into seven nature reserves

International Business Times UK

Houthi Entry Into Iran-Israel War Stokes Fresh Alarm Over Red Sea Trade Routes and Global Oil Prices

Iran-backed Houthis fired missiles at Israel for the first time since the month-old war began, raising fears of renewed Red Sea shipping disruption and surging oil prices.

Fortune

Dollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the 'petroyuan' as U.S. security shield weakens

"The world saves in dollars in large part because it pays in dollars," Deutsche Bank said.

The Guardian - AU

The psychology of panic buying: what prompts consumers to start stockpiling – and how do we stop it?

The scarcity heuristic, exploited by advertisers to trigger impulse buys, can cause panic buying. But telling consumers not to panic, may make them panic more

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