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 isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that…

The Conversation

Oil Market Volatility Eases After Initial Supply Shock From Iran Conflict

Oil prices eased after briefly surging above $100 as fears of major supply disruptions from the Iran conflict began to calm.

International Business Times

Global Oil Supply at Risk As US Navy Refuses to Escort Commercial Tankers Through Hormuz in Fear of Iranian Attacks

The US Navy has declined daily shipping requests for military escorts through the Strait of Hormuz, citing the risk of Iranian attacks as too high amid the ongoing conflict.

International Business Times UK

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

Oil wars: West releases record 400 million barrels as Iran hits cargo ships in Strait of Hormuz

Meanwhile Tehran threatens to target banks and financial centres in Middle East as Chancellor Rachel Reeves issues warning on inflation and interest rates

Evening Standard

Germany, Austria say they'll release oil from reserves in response to 400 million barrel request

Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency request for its members to release 400 million barrels to help temper energy price spikes due to the Iran war

The Independent UK

Trump may claim the war is 'complete,' but Wall Street expects the Fed to stay hawkish on its effect long after the conflict has ended

Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic data for the April release cycle in May," Macquarie economists warned.

Fortune

Iran’s new supreme leader is injured but reportedly ‘safe' as traders sour on war exit strategy

Sentiment sours on war exit strategy.

Fortune

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

Is Halliburton Stock Outperforming the Nasdaq?

Halliburton has surged past the Nasdaq Composite's gains over the past year, and analysts remain moderately optimistic about the stock’s future.

Barchart

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

The Chancellor indicated the government could intervene on energy costs if the conflict spiralled

The Independent UK

Iran Warns of Strikes on US- and Israel-Linked Economic Centres Across West Asia

Iran has issued a stark warning that it will target economic and banking centres connected to the United States and Israel across West Asia, following what it claims was an attack on an Iranian bank. The threat was delivered in a statement by the military’s central operational command, the Khatam…

Whats Hot

S&P Futures Waver as Middle East Conflict Uncertainty Persists, U.S. Inflation Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.09% this morning, swinging between gains and losses as uncertainty surrounding the Middle East conflict remains high, while investors await key U.S. inflation data.

Barchart

Trade disruption from Iran war ‘not good for the British economy’, Reeves says

The Chancellor called for rapid de-escalation of the conflict to protect the UK economy.

Evening Standard

Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas prices

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.

The Texas Tribune

MP warns of ‘blatant profiteering’ among home heating oil suppliers

Sudden volatility in the global oil trade due to Middle East disruption has caused prices to immediately soar.

Evening Standard

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

IEA orders largest ever release of stockpiled oil to reduce crude price

Members agree unanimously to release about 400m barrels amid market volatility caused by Iran war

The Times of India

Why Japan keeps the world’s third-largest strategic Oil reserve

As global energy markets face unexpected imbalance due to the Middle East rising tensions, Japan prepares to release oil to maintain surging costs. Holding the third-largest strategic reserve globally, as stated by the International Energy Agency (IEA), Japan's massive 254-day buffer serves as a critical shield against supply shocks. While…

Euronews

Energy Commissioner teases 'more measures' as prices soar on Iran war

EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along…

International Business Times UK

Why California Gas Is $5.29 Today: Iran War, Refinery Issues and Expert Predictions

California gas prices have surged to $5.29 per gallon due to the Iran war disrupting oil supplies, local refinery issues, and high taxes

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Iran war briefing: Tehran launches ‘heaviest’ barrage since start of conflict

Iran has launched what its state media called the "most intense and heaviest" barrage since the start of the conflict; Israel said it had tracked missiles being fired from Iran, while Saudi Arabia said it destroyed two drones heading towards an oil field. President Donald Trump has threatened Iran with…

Evening Standard

British ships in Gulf 'legitimate targets', warns Iran as three vessels hit in Strait of Hormuz in 24 hours

Tehran’s warning comes as Donald Trump says the US ‘not finished yet’ in its war on Iran

The Guardian - UK

How Iran has used the strait of Hormuz to throttle oil and gas – a visual guide

The Tehran regime has weaponised geography in retaliation for the attacks by the US and Israel

The Guardian - UK

World’s energy watchdog orders emergency release of 400m barrels of oil to curb prices – as it happened

IEA’s oil release is largest in its history; UK government considering support schemes for households and businesses hit by surge in energy prices

Evening Standard

FTSE 100 Live 11 March: Oil tops $90 as index falls, lenders pull mortgage deals

Fears of prolonged disruption to shipping in the Strait of Hormuz today lifted the Brent Crude oil price to more than $90 a barrel.

Euronews

How the EU protects citizens and the economy in times of war and crisis

The fallout of the Israel-US-Iran war affects Europeans abroad and threatens the EU’s energy security and economy. What crisis measures is Brussels activating to respond? Watch the video.

Euronews

Oil steadies as IEA and G7 move to release record reserves

Oil is trading flat in expectation that the International Energy Agency could trigger the largest-ever release of oil reserves, exceeding the 182 million barrels in 2022 after Russia’s invasion of Ukraine. The G7 will also meet on Wednesday to discuss using the reserves.

1 … 268 269 270 271

People

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

Organisations

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

Topics

Places

Fourteen days free

Download the app

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