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The Latest Breaking News from Oil

Trump's trillion-dollar TACO that wasn't: Iran confronts the master of the deal with a partner he can't bully

The "TACO trade" that rescued markets through the tariff wars may not survive a war with a regime that has nothing to lose — and knows it.

Fortune

Sugar Prices Rally as Crude Oil Surges

May NY world sugar #11 (SBK26 ) today is up +0.30 (+1.93%), and May London ICE white sugar #5 (SWK26 ) is up +13.70 (+3.05%). Sugar prices are sharply higher today, with NY sugar posting a 5-month high and London sugar posting a 5.5-month high. Today's +4% rally in crude...

Barchart

Fact check: Pierre Poilievre’s misinformation on Joe Rogan’s podcast disrespects Canadians

Conservative Leader Pierre Poilievre, head of Canada’s official opposition, recently became the first Canadian political leader to appear on the controversial Joe Rogan Experience podcast.

The Conversation

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Iran war has already released a staggering amount of CO2 — and the destruction of schools, homes and buildings is the biggest source

In a new analysis, researchers estimated direct, indirect and future greenhouse gas emissions that were created in the first two weeks of the Iran war, between Feb. 28 and March 14.

LiveScience

Green energy boss backs more North Sea oil and gas production from existing sites

GB Energy’s Jürgen Maier says production could bring economic benefits and give supply chains ‘time to transition’ to renewables

The Guardian - UK

Crude Oil Prices Jump on Fears of a Wider Conflict in the Middle East

May WTI crude oil (CLK26 ) today is up +3.37 (+3.82%), and May RBOB gasoline (RBK26 ) is up +0.1158 (+3.92%). Crude oil and gasoline prices are sharply higher today, recovering some of Monday’s losses amid concerns that the conflict in the Middle East could escalate. Crude prices are climbing...

Barchart

Stocks Fall as Iran War Drags On

The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. June E-mini S&P futures (ESM26 ) are down -0.174%, and June E-mini Nasdaq futures...

Barchart

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United Airlines Stock Is Rebounding as Oil Prices Fluctuate. Should You Buy the UAL Stock Dip?

Yesterday's decline in oil prices has pushed United Airlines stock higher this week. But are these gains sustainable? Let’s find out.

Barchart

Iran oil crisis has cost UK drivers £307m in higher fuel costs – analysis

Oil prices have soared to as much as 120 dollars a barrel in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz.

Evening Standard

Dollar Supported by Weak Stocks and Higher Bond Yields

The dollar index (DXY00 ) today is up by +0.38%. The dollar is moving higher today as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, today's +3% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...

Barchart

Stocks Pressured as Crude Oil Prices and Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.98%. June E-mini S&P futures (ESM26 ) are down -0.84%, and June E-mini Nasdaq futures...

Barchart

Seven charts that reveal how unprepared Australia was for the fuel crisis

Disruptions to Middle East oil shipments have rippled along the world’s longest supply chain through Asia – and there’s no knowing when the pressure will ease

The Guardian - AU

The shadow oil empire of ‘H’: How Russia, China grease Iran’s war machine amid US onslaught

War above ground, power below it

The Times of India

Climate Activists Confront Iran War Profiteering at Big Oil Confab in Houston

Meanwhile, the U.S. energy secretary tries to soothe an anxious American oil industry, urging them to ramp up production amid shock to global markets.

Texas Observer

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Euronews

Oil above $100 a barrel while stocks open lower in expectation of US-Iran talks

US stocks opened slightly lower on Tuesday while oil prices climbed higher, reflecting persistent uncertainty over the Iran war even after US President Donald Trump signalled progress in talks.

Euronews

EU delays proposal to ban Russian oil amid Iran war, price spikes and Druzhba row

A law to permanently ban Russian oil from the European Union has been pushed back amid rising prices fuelled by the war in the Middle East.

We Got This Covered

America’s main supplier of jet fuel to Israel goes up in flames in Texas

What on Earth is going on?

Barchart

Is ConocoPhillips Stock at a Peak? - Covered Call COP Plays Look Attractive

Despite the turmoil from the war in Iran, oil prices may be near a peak. However, analysts have pushed up COP price targets. That makes selling covered calls in COP stock attractive now.

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news in one place.

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Evening Standard

Rachel Reeves warns of ‘significant’ economic challenges from Iran war

The Chancellor updated MPs on the economic impact of the Middle East crisis, which has pushed up oil and gas prices.

International Business Times UK

Oil Prices Surge Again, US Stocks Waver as Iran Rejects US Negotiations

Oil prices surged while US equity indexes fell in early Tuesday hours after Iran reportedly rejected America's negotiations efforts.

Barchart

Cotton Posting Tuesday Morning Losses

Cotton price action is down 15 to 26 points so far on Tuesday morning. Futures closed the Monday session with contracts 4 to 13 points lower in most contracts. Pressure was from a President Trump post ordering the Department of War to postpone some military strikes on Iran. Crude oil...

The Independent UK

Pakistan tells cricket fans to skip travelling for matches as Middle East war deepens fuel crisis

Pakistan Super League, which runs from 26 March to 3 May, cuts hosting venues from six to two

Fortune

Current price of oil as of March 24, 2026

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

The Guardian - UK

US set to deploy airborne troops amid Trump claims of ‘very good’ Iran talks

Israel and Gulf states targeted by Iran in latest strikes while Tehran denies any negotiations with US to end war

International Business Times UK

Is Donald Trump Spreading 'Fake News'? Iran Denies Secret Negotiations to End War

Donald Trump said the US and Iran had reached major points of agreement to end the war, but Iran's parliamentary speaker dismissed the remarks as fake news aimed at manipulating oil markets and insisted no negotiations are underway.

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