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The Latest Breaking News from Oil

How much impact could Iran’s regional allies have in a war with Israel?

Yemen’s Houthis and armed groups in Iraq have continued to target Israel, amid escalation between Tel Aviv and Tehran.

Al Jazeera

Stock market today: Asian shares mostly rise after Middle East tensions weigh on Wall St

Asian shares are trading mostly higher after worsening tensions in the Middle East sent shares lower on Wall Street

The Independent UK

Israel may launch symbolic attack on Iran nuclear-related facilities, says Ehud Barak

Israeli former prime minister says in interview it is too late to significantly set back Tehran’s nuclear ambitions, and that a ‘massive’ attack on Iran’s oil facilities is likely

The Guardian - AU

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Crude Stable After Israel-Iran Surge, Hong Kong Stocks Resume Gains

Oil prices stabilised Friday after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack, while shares in Hong Kong resumed their rally on a mixed day for equity markets.

International Business Times

Labour to commit almost £22bn to fund carbon capture and storage projects

Investment will fund two CCS clusters – but environmental campaigners have criticised plans

The Guardian - UK

Israel Deliberates Response To Iran's Ballistic Missile Attack

Israel deliberates response to Iran's missile attack. President Biden mentions targeting Iranian oil reserves. Speculation on potential targets discouraged.

Top News

Morning Mail: Israel signals bigger push into Lebanon, anti-corruption raid on parliament, Britain leaves last African colony

Residents ordered to leave Lebanese city as Joe Biden discusses strikes on Iranian oil industry; police enter Parliament House in ‘ongoing investigation’

The Guardian - AU

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California Voters Can Reverse State’s Decision to Cut Millions For Climate Disasters

New scorecard reveals extent of private equity’s role in fossil fuel finance.

Capital & Main

Dow Jones Futures Rise As Port Strike Ends, Jobs Report Due; Cheaper Tesla Cybertruck Here

The port strike ended with the jobs report due. Nvidia rose Thursday while Tesla fell, but both are working on buy points.

Investors Business Daily

Stocks Close Lower on Geopolitical Uncertainty

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down by -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.05%. Stocks fell moderately on Thursday, with the Dow Jones Industrials dropping...

Barchart

Stock market today: Oil prices jump and Wall Street slides

Markets in the U.S. kept sliding from their record highs, closing down Thursday.

Fortune

Biden Says 'Discussing' Possible Israeli Strikes On Iran Oil Facilities

President Joe Biden said he was discussing possible Israeli strikes on Iranian oil facilities, in comments that sent oil prices spiking Thursday just a month before the US presidential election.

International Business Times

Stock Market Today: Stocks Drop Ahead of September Jobs Report

Stocks were choppy Thursday as investors took in a higher-than-expected rise in jobless claims and strong growth in the services sector.

Kiplinger

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day of strike action. In several cities across the US, the cost of childcare is overtaking the cost of…

France 24

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Barchart

Crude Sharply Higher on a Possible Israeli Attack on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) Thursday closed up +3.61 (+5.15%), and Nov RBOB gasoline (RBX24 ) closed up +10.67 (+5.37%). Crude oil and gasoline prices Thursday surged to 1-month highs on concern Israel may target Iran's oil industry in retaliation for Iran’s missile attack on Israel. Crude prices also...

The Guardian - UK

Biden says US ‘discussing’ possible Israeli plans to attack Iran’s oil industry

President’s off-the-cuff remark outside White House over possible retaliation triggers global oil price rise

Barchart

Sugar Prices Rally on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) Thursday closed up +0.56 (+2.47%), and December London ICE white sugar #5 (SWZ24 ) closed up +10.00 (+1.74%). Sugar rallied on Thursday due to a +4% jump in crude prices (CLX24 ) to a 1-month high. Strength in crude oil benefits ethanol prices...

Homes & Gardens

The most common 8 candle wax types explained – plus which ones to avoid burning in your home

You might think fragrance is the most important part of a candle, but experts urge you to think again

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Investors Business Daily

Biden Refrains From Ruling Out Israel Strike On Iran's Oil Infrastructure; Oil Prices Jump

President Joe Biden said he is discussing possible Israeli plans to strike Iran's oil facilities.

Barchart

Stocks Tilt Lower as Oil Prices Spike

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is off by -0.51%. Stocks are struggling to pick a direction ahead of Friday's key...

The Independent UK

Israeli strikes on Beirut kill at least nine as military calls for more Lebanon evacuations

Residents in more than 20 towns told to leave, in sign of potential expansion of air and ground assault against Hezbollah. It comes as US president Joe Biden says Washington ‘discussing’ the possibility of Israel striking Iranian oil sites

The Guardian - UK

What are the risks involved in Israeli options for retaliatory strikes on Iran?

Israel has several possible targets including military, economic or even nuclear sites, but all come with caveats

Top News

Oil Market Remains Calm Amidst Middle East Chaos

Learn about the potential impact of Middle East conflicts on global oil markets and the interconnectedness of geopolitics and energy markets.

Barchart

Sugar Prices Gain as Crude Oil Surges

March NY world sugar #11 (SBH25 ) today is up +0.42 (+1.85%), and December London ICE white sugar #5 (SWZ24 ) is up +8.20 (+1.43%). Today's +4% jump in crude prices (CLX24 ) to a 1-month high supports moderate gains in sugar. Strength in crude oil benefits ethanol prices and...

International Business Times

Relief In Brazil, Asia Over Delay To EU Deforestation Rules

Brazil's government on Thursday joined Asian palm oil and coffee producers in welcoming a European Union decision to delay implementation of new anti-deforestation rules which had faced strong global pushback.

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