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The Latest Breaking News from Oil

Energy Secretary Says Traffic Through Strait Of Hormuz Is Rising 'Very Meaningfully' Despite Lack Of Deal

Energy Secretary Chris Wright said traffic through the Strait of Hormuz is rising "very meaningfully" despite the lack of an agreement with Iran.

International Business Times

EU plans to ban Russian soldiers from bloc in fresh sanctions on Moscow

Banks, crypto firms and Kremlin oil reserves also targeted in 21st set of measures since full-scale invasion of Ukraine

The Guardian - UK

Wall Street yo-yos as AI stocks swing from gains to losses

The U.S. stock market is yo-yoing as artificial-intelligence stocks keep swinging following their sudden and sharp losses from last week

AAP

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Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war

National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war

The Guardian - US

Hundreds of migrants heading for UK ‘kidnapped, tortured and threatened with organ removal’

‘We did not see the sun for six months,’ a 16-year-old hostage said, describing depraved conditions where over 170 captives shared a single toilet

The Independent UK

John Swinney responds to 40 jobs being cut at major Scottish energy services firm

JOHN Swinney has accused the UK Government of “sucking the economic life out of one of Scotland's most important industries” after it…

The National (Scotland)

Dollar Weakens as Crude Oil Prices Sink

The dollar index (DXY00 ) is moving lower today and is down by -0.28%. Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and could prompt the Fed to pursue easier monetary policy, a bearish factor for the dollar. Also, lower T-note yields today weaken the dollar's...

Barchart

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Wall Street ticks higher as AI stocks recover more losses and oil prices ease

The U.S. stock market is ticking higher as artificial-intelligence stocks regain more of their sudden and sharp losses from last week, while oil prices ease

AAP

Is Gold's Sudden Stability a Reliable Signal? What Investors Need to Check Now

Gold steadies as US yields rise and geopolitics shift, but analysts warn the calm may be temporary amid conflicting market forces.

International Business Times UK

Stocks Climb on an AI-Led Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...

Barchart

Wall Street rises as AI stocks recover more of their losses and oil prices ease

The U.S. stock market is climbing as artificial-intelligence stocks regain more of their sudden and sharp losses from last week, while oil prices ease

AAP

Wall Street opens higher as AI stocks regain some more ground and oil prices ease

The U.S. stock market is climbing as artificial-intelligence stocks regain more of their sudden and sharp losses from last week, while oil prices ease

AAP

Oil Drops After Iran Says Deal With Iran Could Happen In 'Two Or Three Days'

Oil prices are falling on Tuesday after President Donald Trump said a deal to end the war in Iran could happen in "two or three days."

International Business Times

Current price of oil as of June 9, 2026

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

Fortune

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The Economic Times

US trade gap narrows in April on oil exports boost

America's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, driven by demand for AI hardware. However, ongoing conflict may keep fuel prices high, impacting businesses and households.

AAP

Wall Street points to modest gains in a rebound from last week as oil prices slip

Oil prices retreated and Wall Street was poised to open with gains as markets try to recover some of last week's sell-off

Barchart

Will Crude Oil Hit $150?

The US president's War on Iran has raised the discussion of WTI crude oil hitting $150. This isn't the first time we've heard this projection.

Barchart

Cotton Slipping Back in Early Tuesday Trade

Cotton price action is down 2 to 30 points so far on Tuesday morning. Futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95. Crude oil was up 74 cents on the day. Monday...

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The Economic Times

ATF prices rise about 10% as oil companies roll out fixed pricing

Aviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic airlines can now get a fixed fuel rate for up to three years. This move aims to protect airlines and passengers from global oil price swings. Airlines opting for the scheme…

The Economic Times

India 10-year bond logs best close in 7 weeks as oil prices ease

The Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent drop in crude oil prices that has elevated market confidence. This surge aligns with the central bank's efforts to stimulate foreign investment, with overseas investors snapping up $800 million…

Marie Claire

The Common Vitamin Deficiency Dermatologists Notice in People With Acne

50 per cent of UK adults are deficient in this particular vitamin.

Euronews

EU proposes new sanctions on Russian oil, 'shadow fleet', fisheries and soldiers

The new package of sanctions is intended to delay a scheduled review of the price cap on Russian oil, which has surged following the closure of the Strait of Hormuz, to avoid granting Moscow economic relief.

Creative Bloq

How 75 oil paintings became Annecy 2026's breakout animated short

The unusual process behind the most talked-about animation, Danse Macabre.

The Economic Times

Rupee gains as oil retreat soothes, inflow expectations erode weakening bias

The Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments deficit. Asian currencies also saw gains. Brent crude prices dropped after Iran and Israel halted attacks. Elevated oil prices pose risks to India's economy.

The Economic Times

Sensex rises 395 points, Nifty closes above 23,200; broader markets outperform

Indian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The decline in oil prices following a halt in Iran-Israel attacks boosted investor sentiment, though analysts caution that market sentiment remains fragile due to FII outflows and global macro concerns.

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