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The Latest Breaking News from Oil

Crude Oil Prices Fall on the Outlook for a US-Iran Truce

May WTI crude oil (CLK26 ) today is down -3.26 (-3.53%), and May RBOB gasoline (RBK26 ) is down -0.1412 (-4.56%). Crude oil and gasoline prices are sharply lower today in hopes that US-Iran diplomacy can end the war in Iran. Also, the unexpected increase in weekly EIA crude inventories...

Barchart

Voices: Readers on how to tackle soaring bills in wake of Iran war – from ‘going electric’ to ‘holding back’ on travel

YOUR VIEWS: Our community is divided on how to tackle rising energy costs, with many warning support is limited by public finances while others call for policy changes or personal behaviour shifts in the face of a global crisis

The Independent UK

This Is Not Your Father’s Gold Market Anymore

Gold and silver prices are up while crude oil prices fall. How does that make sense?

Barchart

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The Best Low-Cost Garden Tools That Actually Last for Years

A garden thrives or fails based on the tools behind it. Cheap tools often promise quick fixes but snap, rust, or bend right when real work begins, leaving frustration and wasted money behind. Smart gardeners skip flashy branding and hunt for tools that prove their worth season after season. The…

Frugal Gardening

S&P 500 Fires Buy Signal With 100% Accuracy Rate: What Comes Next

The S&P 500 signals a Buy in March and may advance 5% to 7.25% in the near to mid-term, hitting the 7,500 level by year's end.

MarketBeat

No oil, no gas: Hungary's Orban tightens the screws on Ukraine

Hungary's prime minister said on Wednesday that Budapest would phase out gas deliveries to Ukraine, the latest broadside in a bitter dispute between the two countries over a damaged pipeline carrying Russian oil.

Radio France Internationale

Stocks Climb on Hopes of US-Iran Diplomacy

The S&P 500 Index ($SPX ) (SPY ) today is up +0.83%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.06%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...

Barchart

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Oil Prices Crash: Brent Crude Drops Below $100 As Trump Teases 'Bombshell' Iran Peace Deal

Brent crude briefly slipped below $100 a barrel after Donald Trump claimed a 'bombshell' peace deal with Iran was within reach and Tehran signalled limited safe passage through the Strait of Hormuz.

International Business Times UK

UK Eyes Hosting 'International Summit' to Reopen Strait of Hormuz Amid Ongoing Oil Crisis

The UK is planning an international summit to address the closure of the Strait of Hormuz, a critical oil passage, amid escalating tensions between Iran and a US-Israeli alliance.

International Business Times UK

Dollar Rebounds as Iran Dismisses US Peace Plan

The dollar index (DXY00 ) today is up by +0.02%. The dollar recovered from early losses today and moved slightly higher after Iran said it rejected the US peace proposal. Also, today's US economic news, showing the Feb import price index ex-petroleum posting its biggest increase in 4 years, is...

Barchart

Commodity ETF Traders Have Been Dealt a 'Strait Flush.' Here's Why.

For commodity ETF investors, the effective closure of the Strait of Hormuz came at just the right time. Here's what investors should know.

Barchart

Let’s Get This Strait: Amid Hormuz Closure, Oil Prices Are the Only Macro Force That Matters

The most dangerous part of this storm is the disconnect between oil futures and physical oil.

Barchart

Stocks Rally on US Peace Plan to End Iran War

The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. June E-mini S&P futures (ESM26 ) are up +0.61%, and June E-mini Nasdaq futures...

Barchart

Hormuz is a trailer. Malacca is China’s real nightmare — and India knows it

The Strait of Hormuz crisis highlights global maritime vulnerabilities. For China, the Strait of Malacca presents a similar, long-term strategic risk. India's Andaman and Nicobar Islands offer proximity and surveillance capabilities, providing significant leverage. This geographical advantage allows India to create uncertainty and pressure, impacting China's vital trade and energy…

The Times of India

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The Guardian - AU

Australians can expect high fuel costs to linger for far longer than the war in Iran

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis

The Guardian - AU

‘Crazy not to’: soaring fuel prices send more Australians into U-turn towards electric cars

Sales of EVs and hybrids have increased in Australia ever since the US-Israel war on Iran sent oil prices soaring and raised the prospect that fuel could be rationed

Barchart

The Last Time Oil Prices Spiked, It Took Just 60 Days for the Stock Market to Crash. The Clock Is Ticking Now

Oil prices often represent the beginning of an economic downturn. Will history repeat itself?

Euronews

Iran war energy shock puts ECB on alert — Lagarde says this is no repeat of 2022

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

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Euronews

What we know and do not know about the Iran war negotiations

Trump touts progress in secret Iran talks as missile strikes, US troop buildups and threats over the Strait of Hormuz fuel fears of a wider regional war: here is what we know so far.

Grocery Coupon Guide

Analysts Warn Certain Food Categories Could See Spring Volatility

Budgeting for groceries is easier when prices are predictable. Unfortunately, the spring agricultural season is bringing fresh uncertainty to the supermarket. Commodity analysts are closely monitoring global weather patterns and domestic supply chains. The data indicates that several specific food categories are facing severe disruptions. These disruptions will cause sudden…

Evening Standard

Inflation holds at 3% in ‘calm before the storm’ of Iran war

The Office for National Statistics said the rate of Consumer Prices Index inflation was unchanged from the 3% level reported in January.

Euronews

Hungary will gradually halt gas exports to Ukraine amid Druzhba pipeline dispute

Hungary's Prime Minister Viktor Orbán announced a gradual halt of gas exports to Ukraine until Kyiv repairs the Druzhba oil pipeline. The dispute is also blocking a €90bn EU aid package for Ukraine.

Barchart

Cotton Steady on Wednesday Morning

Cotton price action is holding steady on Wednesday AM trade. Futures were 15 to 46 points higher on Tuesday. The US dollar index was $0.310 higher at $99.035. Crude oil finished the day with late pressure, as reports surfaced of a potential 1-month ceasefire on the Middle East conflict. Iran...

Barchart

Soybeans Popping Higher Early on Wednesday

Soybeans are showing 3 to 5 cent gains so far on Wednesday AM trade. Futures were pressured into the Tuesday close, with contracts down 2 3/4 to 8 ½ cents across the board. The cmdtyView national average Cash Bean price was down 1 3/4 cents at $10.78 1/2. Soymeal futures...

Fortune

Current price of oil as of March 25, 2026

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

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