The Latest Breaking News from Oil

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Woman & Home · Jun 28

Ukrainian strike sets fire to an oil refinery in southern Russia

Ukraine has intensified its drone attacks on Russia, setting fire to a major oil refinery in the south and killing at least two people, according to Russian authorities

The Independent UK · Jun 28

Russia claims control of 2 more villages in Ukraine's Dnipropetrovsk, Zaporizhzhia region

Russian forces have reportedly seized two more villages in Ukraine's Dnipropetrovsk and Zaporizhzhia regions, escalating ongoing fighting. This comes as Ukrainian drones targeted Russian oil infrastructure in Krasnodar, causing a fire and casualties. Despite Russia's claims of advances, Ukraine asserts its military is in its strongest position in months, even…

The Times of India · Jun 28

US-Iran war: Tehran attacks Bahrain, Kuwait following US strikes; threatens to end talks to end the war

US-Iran war news: Tensions flare as Iran targets Bahrain and Kuwait with drone and missile attacks following U.S. airstrikes on Iranian military sites. This escalation jeopardizes a regional ceasefire, with the U.S. retaliating after an oil tanker was struck. Former President Trump issued a stark warning, suggesting a point of…

The Economic Times · Jun 28

This Japanese Scenting Hack Will Trick Your Home Into Feeling Cooler — And There's One Crucial Fragrance That Makes it Work

The secret? Using Japanese mint oil as summer aromatherapy to create a sense of 'coolness'

Livingetc · Jun 28

Will Sensex, Nifty extend gains or turn volatile? Q1 updates, F&O expiry among 8 factors set to steer stock market this week

Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic…

The Economic Times · Jun 28

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Pakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil rates. Consumers will continue paying the same for petrol and diesel, while kerosene prices have been reduced. This move boosts government revenue as global oil prices hit pre-war lows following a…

The Economic Times · Jun 28

Iran war latest ground report: Interim deal imperilled further as both sides go ballistic again

Iran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned of severe consequences if Iran continues to violate the ceasefire. The U.S. military targeted Iranian military infrastructure after a tanker, carrying Qatari oil, was struck. Kuwait and Bahrain reported drone…

The Economic Times · Jun 28

Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.

The Economic Times · Jun 28

US strikes Iran again as Tehran hits Bahrain and Kuwait

The US military launched a second wave of air strikes against Iran on Saturday on President Donald Trump's orders after Tehran struck Bahrain and Kuwait, escalating tensions that threatened a fragile interim deal. The attack on Kuwait was the first since the accord, as a US-led maritime body expanded shipping…

France 24 · Jun 28