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The Latest Breaking News from Oil

Petrol stations reject French government plan to cap profit margins on fuel

Fuel distributors in France are strongly opposed to a government decree that aims to cap their profit margins as the war in the Middle East continues to drive up prices. Leading retailers warn the measure is hasty and unlikely to bring consumers much relief.

Radio France Internationale

Norway’s crude oil exports up 68% in March due to Iran war

Norway’s oil exports jumped significantly in March, pushing revenues to multi-year highs as disruptions from the Iran war and the closure of the Strait of Hormuz drove up prices.

Euronews

Cotton Posting Early Wednesday Gains

Cotton prices are up 83 to 104 points so far on Wednesday morning. Futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01 on the day, as reports suggest the US and Iran could...

Barchart

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How the US-Israel war on Iran is affecting African economies

For some, the impact is already being felt but others remain in limbo over their energy security and are hostage to an unlikely de-escalation

The Guardian - UK

'Absolutely Crazy!': Donald Trump Blasts UK for Choosing 'Windmills' Over North Sea Oil as Energy Bills Skyrocket

Donald Trump criticises the UK for failing to exploit North Sea oil, urging Prime Minister Keir Starmer to prioritise fossil fuels over renewables amid Europe's energy crisis.

International Business Times UK

The $100 Barrel Is Back: Trading The Hormuz Havoc

Many institutional investors are prioritizing Exxon Mobil Corporation and Chevron Corporation as these firms capture gains from high global oil prices.

MarketBeat

'China's Nostradamus' Predicts US Will Lose Ground Invasion This Month, Ending the US Dollar Dominance

A YouTube theorist known as 'China's Nostradamus' claims the US will invade Iran this month, lose a grinding ground war and trigger the end of the dollar's global dominance.

International Business Times UK

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Rachel Reeves Blasts Donald Trump's Iran War as Keir Starmer Prepares Crisis Address to the Nation

Rachel Reeves has branded Donald Trump's Iran war a 'folly' without an exit plan, blaming it for squeezing UK households as oil prices surge and growth forecasts are cut.

International Business Times UK

Markets haven’t rallied this fast since the end of COVID. Iran volatility is just another ‘notch on the belt’ for investors, says JPMorgan strategist

“I know energy prices will move lower, and I know stocks are going to go back to focus again on the other big existential questions that they were asking before all this stuff kicked off,” Jack Manley tells Fortune in an exclusive interview.

Fortune

Trump dismisses gas price concerns saying he’s happy oil is ‘only’ at $92 a barrel after spike from Iran war

Gas prices remain at highest levels in years amid ongoing war with Iran

The Independent UK

$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

The Guardian - UK

Introducing: The Inaugural 'Marie Claire' Reader’s Choice Awards

Presenting: the most beloved beauty products of the year.

Marie Claire

With global oil supplies weeks away from systemic shortages, Trump teases an end to the war

Everything you need to know before you reach the office this morning.

Fortune

Russia will continue to send oil to energy crisis-hit Cuba

IN FULL

The Independent UK

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The Guardian - UK

Short-term gains for China from US-Iran war may turn to longer-term pain

Beijing may be reaping some diplomatic benefit but Trump’s war holds risks for its energy security and economy

Euronews

Magyar calls on Orbán to lift veto on €90bn Ukraine loan before leaving office

If oil flows resume through the Druzhba pipeline, then Viktor Orbán should lift his "technical veto" on the €90 billion loan for Ukraine, Péter Magyar said. Brussels is already laying the groundwork to make the first payment.

Evening Standard

Donald Trump says he's reopening Strait of Hormuz 'permanently' as Britain slams his war as a folly

Iran has blocked attempts by the US president to prize open the key strait in the Gulf

The Independent UK

Bernie Sanders issues blistering four-word response to Trump’s economic adviser’s take on rising oil prices over Iran war

Veteran left-winger ridicules National Economic Council Director Kevin Hassett over his attempts to reassure the public as war drags on and fuel crisis threatens to deepen

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Euronews

Oil prices fall as renewed hopes for peace talks feed a stock market rally

Shares mostly rose in early Wednesday trading, echoing the rally on Wall Street that came as oil prices eased on hopes that the United States and Iran may resume talks.

AAP

'Oil doesn't discriminate': businesses on shaky ground

Even if the Middle East conflict is resolved soon, Australia's business sector will take time to recover from a shaky start to 2026.

Times Pets

Healing Through Diet: Foods That Support Recovery in Pets

Just like humans, pets require targeted nutrition during recovery. Illness and injury can weaken the body, reduce appetite, and slow down healing. A nutrient-rich, easily digestible diet helps rebuild tissues, boost immunity, and restore vitality. Whether you have a dog, cat, bird, or small animal, providing the right foods can…

The Independent UK

Oil prices fall as Trump suggests US-Iran war peace talks could resume

IN FULL

Euronews

‘A ray of hope’: EU governments gather to plan way out of fossil fuel reliance

Energy crises could be a thing of the past if reliable, cheap and abundant clean energy is given precedence over fossil fuels.

The Independent UK

Iran-US war latest: Trump announces historic talks between Lebanon and Israel with White House optimistic for peace

‘We feel good about the prospects of a deal”, White House Press Secretary Karoline Leavitt said

The Independent UK

Oil prices fall and Asian stocks hit six-week high amid fresh hopes for Iran peace talks

Donald Trump says negotiations could resume in Pakistan over the next two days

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