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The Latest Breaking News from Oil

What is Europe doing to avoid a new energy crisis? Ask the Euronews AI chatbot

EU fossil fuel imports have increased by €24 billion since the US-Iran war, with oil prices up 60 per cent and gas 70 per cent. How will the EU’s new AccelerateEU plan avoid a full-scale energy shortage? Ask the Euronews AI chatbot.

Euronews

Iran-US war latest: Trump considers Tehran’s latest peace proposal as Germany warns he’s being ‘humiliated’

Press Secretary Karoline Leavitt ‌said Trump's bottom line demands remain the same

The Independent UK

PHOTO ESSAY: AP photos capture elderly Cubans coping with deepening economic crisis

Cuba’s elderly are among those bearing the heaviest burden of the island’s deepening economic crisis, which has worsened since the start of the year after an oil embargo imposed by U.S. President Donald Trump.

The Independent UK

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Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux

Shares are mixed in Asia and Tokyo has hit a fresh record after U.S. stocks ended last week with new highs

The Independent UK

‘Our math is different’: Iran warns Gulf countries of ‘fourfold’ retaliation after Trump threat

Iran's Vice President warned of a fourfold retaliation against nations supporting damage to its infrastructure, particularly its oil sector, following US President Trump's remarks. This threat underscores heightened tensions around Iran's energy assets amidst ongoing conflict and diplomatic efforts, including a proposed two-stage plan to the US.

The Times of India

Tea tree oil may affect fertility, the EU says. A pharmacologist explains why that’s so misleading

The heady scent of tea tree is one of the iconic smells of the Australian bush. And the essential oils derived from tea trees have been used as medicines, first by Indigenous people, then by colonists.

The Conversation

Woman Goes To Walmart For An Oil Filter. Then She Realizes People Have Been Snatching Them All Up: ‘Wix, Puralator, Mobil 1’

A woman is going viral on TikTok after flagging what she says is a frustrating issue with something as basic as routine car maintenance.

Motor1

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Mega-Cap Earnings, FOMC and Other Key Things to Watch this Week

Markets enter a pivotal week with key Mega-Cap earnings and Fed policy the main tings to watch along with any news from Iran.

Barchart

Trickle-down impacts of Middle East war, from pistachios, to copper, to leather

As oil prices surge and key shipping routes close because of the war in the Middle East, the downstream effects are impacting different markets around the world, from pistachios and bananas to luxury leather goods, as industries are being forced to adapt to disrupted supply chains and increased costs.

Radio France Internationale

The truth about cooking oils: 14 essential facts for healthier, cheaper meals

From avocado to hemp, extra virgin olive and rapeseed, the shops are packed with various oils. But what is worth spending money on? And are any of them actually better for you?

The Guardian - UK

I feel like my screenshots are coming to life through the oil paintings created by ArtbyEri

Art imitates virtual life.

PC Gamer

Pipelines and Automation: 2 Energy Plays Built for Any Oil Price

Kinder Morgan and Halliburton offer stable energy exposure with fee-based pipelines and efficiency services that perform in any oil price environment

MarketBeat

Chevron's Pullback May Be a Buying Opportunity—Even If the War Ends

Chevron has pulled back from highs, but with oil still elevated and analyst support strong, the setup continues to favor further upside.

MarketBeat

I Asked ChatGPT When Oil and Gas Prices Will Stabilize: Here’s What It Said

I turned to ChatGPT for a straightforward, simple answer to the one question many may be asking: When will oil and gas prices stabilize?

GOBankingRates

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GOBankingRates

Financial CEO Says Inflation Could Go Up in 2026, Not Down

JPMorgan CEO Jamie Dimon explained that one possibility is inflation ticking up in 2026. Other experts share mixed outlooks based on prices, wages and oil.

The Guardian - UK

The great energy pivot: US oil and Chinese solar are the winners in Trump’s war on Iran

Exposure of world’s reliance on Middle East supplies accelerates global shift towards new energy superpowers

The Independent UK

The war in Iran is in a ‘limbo’ phase. Here’s why it could leave the world facing chaos

IN FOCUS: Despite Iran’s foreign minister Abbas Araghchi travelling to Pakistan, there are still no plans for direct talks with the US. Should the current impasse continue, analysts tell James C. Reynolds that it could hurt the west and strengthen Tehran

International Business Times

Strait of Hormuz Remains Largely Closed as US-Iran Tensions Escalate Despite Extended Ceasefire

The Strait of Hormuz, the world's most critical energy chokepoint, stayed effectively closed to normal commercial traffic Sunday as U.S. naval forces hunted Iranian mines and Iran continued seizing vessels, even as a fragile ceasefire entered its third week and indirect talks resumed in Pakistan.

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International Business Times UK

'All They Have to Do is Call!': Trump Goes on Angry Rampage Over Iran's 'Leadership Confusion' Amid the War

Trump cancels Iran peace talks amid leadership turmoil, sparking mixed reactions as US-Israel-Iran conflict escalates, causing heavy casualties and disrupting global oil supplies.

Fortune

From maritime trench warfare to a 'sloppy peace': Here's how the Strait of Hormuz standoff could play out, according to Goldman Sachs

"And a sloppy peace is basically a bunch of half solutions on all the big issues."

The Independent UK

Government ramps up planning for possible supply shortages from Iran war

Oil prices have soared since the US-Israel war on Iran began, driven by the closure of the Strait of Hormuz

The Guardian - AU

Cop negotiations chief on how Iran war oil shock paves road to climate talks in Turkey

Exclusive: As countries meet at key climate crisis meetings, Australia’s Chris Bowen says war underlines need to move away from fossil fuels

Fortune

U.S. oil producers aren't coming to the rescue despite high prices as mistrust and chaos hit outlook. The 'market is being manipulated'

"Uncertainty is problematic in the oil and gas business, and this administration is the definition of uncertainty."

International Business Times

US Energy Exports Smash Records as Hormuz Blockade Creates Global Supply Crisis

U.S. energy exports have surged to unprecedented levels in April 2026 as the ongoing closure of the Strait of Hormuz has rerouted global oil and liquefied natural gas flows, positioning American producers as the primary swing suppliers amid the U.S.-Iran conflict.

The Guardian - US

California’s jet fuel supply drops to three-year low as Middle East turmoil squeezes global oil market

Industry analysts say fuel price surge could lead to canceled flight routes that could snarl travelers’ plans

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