Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?

The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline came after U.S. President Donald Trump announced that a memorandum of understanding had been agreed to end the U.S.-Israeli war with Iran.

The Economic Times

Dollar sways near 10-day lows as attention turns to BOJ and RBA

A preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. Investors now await central bank meetings in Japan and Australia for inflation outlooks, with the Bank of Japan expected to raise rates.

The Economic Times

Captain of Russian shadow fleet tanker intercepted in Channel to appear in court

Ajay Pant, 38, has been charged with directly or indirectly supplying or delivering by ship prohibited oil or oil products from Russia.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Oil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of supply through the Strait of Hormuz may take longer than anticipated, with analysts noting that the market will likely show restraint until full details emerge.

The Economic Times

U. S Stock Market Prediction for Tuesday: S&P 500, Nasdaq, Dow Jones set for volatile trading? Top factors, stocks to watch out

U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 per cent. Nvidia’s climb of 3.5 per cent.

The Economic Times

Global Market Today: Asian markets temper Iran deal optimism, BOJ decision in view

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central bank decisions, including an anticipated rate hike from the Bank of Japan. Oil prices remained cautious, reflecting ongoing concerns about transit through the Strait…

The Economic Times

Is the Iran war just an energy shock - or a turning point?

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a temporary blip. While immediate relief is expected, the long-term impact hinges on consumer and government behavior shifts towards renewables and EVs, potentially challenging fossil fuel dominance.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Tories would give Aberdeen oil industry ‘kiss of life’ says Badenoch

The Conservative party leader is visiting the constituency ahead of the by-election on Thursday.

Evening Standard

Cotton Ignores Outside Markets to Close with Monday Strength

Cotton futures posted gains of 35 to 56 points across most contracts on Monday. Crude oil was down $3.72 at the close after the US and Iran came to a peace deal over the weekend, to be signed this Friday. The US dollar index was down $0.285 at $99.460. Monday...

Barchart

Streeting pledges to allow new oil and gas drilling in North Sea to fund cheaper UK energy

IN FULL

The Independent UK

Thai fuel prices to stay high until Q4

Domestic oil prices in Thailand are expected to remain elevated until the final quarter of this year, even though global crude benchmarks have eased and the US is set to sign a peace deal with Iran this Friday to end nearly four months of conflict in the Middle East.

Bangkok Post

Streeting sets out plans to tear up planning rules and net zero policies if he becomes PM

The former health secretary plans to allow more drilling fr poil and gas and centralise decision making on major projects like energy plans and data centres

The Independent UK

The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year

“Our working assumption is that ~80% of energy flows will resume by the end of Q3, but a return to ‘normal’ could stretch into 2027.”

Fortune

Mideast truce 'positive news'

Prime Minister Anutin Charnvirakul welcomed the reported ceasefire agreement between the United States and Iran, describing it as a positive development that could help ease global uncertainties and support economic stability.

Bangkok Post

Get all your
news in one place.

100's of premium titles.
One news app.

Bangkok Post

Ceasefire news lifts trading sentiment

Stock market analysts and gold traders are bullish on the newly struck deal to end the three-month-long US-Iran war, pinning hopes on the Strait of Hormuz being opened on Friday to ease inflationary and cost pressures for the Thai economy and businesses.

Evening Standard

Starmer attends G7 as Trump announces Strait of Hormuz to reopen

It was Sir Keir Starmer’s first meeting with Mr Trump since the President said he was ‘no Winston Churchill’ in March

The Independent UK

Despite Trump’s Iran deal don’t expect gas prices to come down soon – and weather might keep them elevated

Consumers have paid $59 billion more for gas this year since February 28 than they did in 2025

Barchart

Stocks Settle Sharply Higher as US-Iran Peace Deal Spurs Optimism

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.65%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.92%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.06%. June E-mini S&P futures (ESM26 ) rose +1.68%, and June E-mini Nasdaq futures...

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Cuba quantifies impact of US oil blockade on children's health and daily life

Cuba says its healthcare system is struggling due to a U.S. energy blockade

AAP

How major US stock indexes fared Monday 6/15/2026

Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again

The Independent UK

Indian captain arrested in Russian shadow fleet oil tanker charged with contravening

The captain is scheduled to appear at Southampton Magistrates’ Court on Tuesday

Kiplinger

Dow Hits New High on Iran Deal: Stock Market Today

Stocks kicked off Fed week on a high note as market participants celebrated news of a potential peace deal between the U.S. and Iran.

The Economic Times

US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slide

Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears and sent oil prices plummeting. This relief rally boosted rate-sensitive tech stocks and energy-dependent sectors like airlines, while the Federal Reserve's upcoming policy update remains a key focus.

Barchart

Dollar Pressured by Deal to End the US-Iran War

The dollar index (DXY00 ) slid to a 1-week low on Monday and finished down by -0.09%. The dollar came under pressure on Monday after stocks rallied sharply following the US and Iran's announcement of a deal to end the war, which curbed liquidity demand for the dollar. Also, Monday's...

The Guardian - UK

Defence secretary quizzed by MPs over timing of Russian oil tanker seizure

Dan Jarvis says vessel tracked for several days as opposition suggest decision linked to his predecessor’s resignation

1 … 218 219 220 221

People

Christian Schmollinger

Ekniti Nitithanprapas

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Conservative Party

949 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Dow Jones Industrial Average

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.