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The Latest Breaking News from Oil

Breaking Live 4 publishers covering this story in the last 6 hours

13m ago Fritters and chocolate cake: Thomasina Miers’ recipes for cooking with pumpkin
29m ago Indian bonds tick up on calm oil before Fed verdict
1h ago Sensex, Nifty extend gains despite oil hovering near $115/barrel. What lies ahead?
3h ago The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s Jets
3h ago RBI steps up liquidity support as tighter cash conditions push up borrowing rates: Report

AAP Rolling News Bulletin June 21, 0700

AAP Rolling News Bulletin for June 21 at 0700

AAP · Jun 20

JD Vance departs for Switzerland as White House looks to get talks with Iran back on track

U.S. Vice President JD Vance has left for Switzerland as the White House looks to get negotiations with Iran back on track

AAP · Jun 20

AAP Rolling News Bulletin June 21, 0630

AAP Rolling News Bulletin for June 21 at 0630

AAP · Jun 20

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

Petrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?

Fuel suppliers outside the Middle East have proved to be much more flexible than analysts expected – and China surprised everyone

The Guardian - AU · Jun 20

Ukraine targets fuel depot in Russian-occupied Crimea

At least four people have been killed in Ukrainian drone attacks on the Russian-occupied Crimean Peninsula, amid reports of fires at a major fuel depot.

AAP · Jun 20

Pump Prices Offer a Rare Reprieve for Drivers, Yet the Volatile Trade-off With Tehran Could Force Consumers to Pay in Other Ways

If you’re filling up your tank this weekend, savor the savings because they might not last.

The Mary Sue · Jun 20

Iran closes Strait of Hormuz after accusing US and Israel of breaching ceasefire

On Saturday, Tehran warned ships not to approach the waterway, a vital conduit for global oil and gas supplies

The Independent UK · Jun 20

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Shipping companies will decide when the Strait of Hormuz is truly open—not the U.S. or Iran—and the latest deal is already sowing confusion

"Will the Iranian announcement be enough to deter them? Or will Iran need to resort to force and directly violate the MOU's terms?"

Fortune · Jun 20

Hormuz Shut, Lebanon In Dire Straits, Peace Talks Steer To Swiss Setting

Iran said on Saturday it has shut the Strait of Hormuz just days after a peace deal to end hostilities in the Middle East was signed with the US, in response to Israeli strikes in Lebanon that killed dozens.

International Business Times · Jun 20

No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh Puri

Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi government, Puri further said that Sonbhadra in Uttar Pradesh is shedding its image of being a backward region and is moving towards becoming a model district.

The Economic Times · Jun 20

Iraq projects oil production to return to pre-war levels within two months

Iraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait of Hormuz blockade. The conflict had severely impacted exports, forcing production cuts. As shipments resume through the vital waterway, Iraq's oil ministry is optimistic about restoring its significant…

The Economic Times · Jun 20

MarketBeat Week in Review – 06/15 - 06/19

Markets closed a shortened week higher as lower oil prices and a rally in chip stocks outweighed concerns about future Fed policy.

MarketBeat · Jun 20

‘Thought That Walmart Would Have Everything’: Woman Gets Oil Changed At Walmart. Then She Goes To Advance Auto Parts

'Why should I need to go to an auto parts store to take parts to an auto parts store?'

Motor1 · Jun 20

A $60 billion windfall? How US-Iran deal could revive Tehran's oil industry

The easing of restrictions to roll back a sanctions regime that was built over more than a decade to isolate Iran economically and curb its nuclear ambitions. The move could allow Tehran to expand sales to a wider pool of buyers after years of relying largely on discounted shipments through…

The Times of India · Jun 20

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The Independent UK · Jun 20

The woman who turned cooking oil into soap in Gaza

INDEPENDENT ARABIA: Ezz Al Din Abu Eisha reports on how highly skilled women who have lost everything are at the forefront of Gaza’s new ‘resilience economy’

The Guardian - UK · Jun 20

Tory byelection victory gives Badenoch vital evidence to justify abandoning net zero

While the SNP’s recent issues put off some voters, the Tories’ support for North Sea oil drilling proved more decisive

Marie Claire · Jun 20

Dr Emily Prpa Makes Healthy Eating Feel Effortless—11 Simple Recipes She Swears By

If they’re good enough for a scientist…

The Economic Times · Jun 20

Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?

The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums.

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The Economic Times · Jun 20

Iranian Guards' business empire to win big if US sanctions lifted

A potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revolutionary Guards, a group designated as terrorist by the US and its allies. These elite forces have built a vast commercial empire and are poised to benefit immensely from renewed…

The Economic Times · Jun 20

5 world market themes for the week ahead

Global markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colombia's presidential election, will shape investor sentiment. London's major climate gathering also highlights energy security concerns amid geopolitical tensions and rising AI power demands. Investors are keenly awaiting…

The Guardian - AU · Jun 20

Ukraine war briefing: Zelenskyy to Belarus – remove Russian relay stations or ‘we’ll do it’

Zelenskyy says a week should be enough time for Belarus to remove stations, calls for a stop to refined oil supplies to Russian army. What we know on day 1,578

The Economic Times · Jun 20

Strait of Hormuz to be closed again? What is happening with strait that carries nearly a fifth of global crude oil and liquefied natural gas supplies

Strait of Hormuz carried nearly a fifth of global crude oil and liquefied natural gas supplies before it was blockaded by Iran during the war.

Motor1 · Jun 20

Woman Buys STP Oil At Autozone. Then She Tries To Use Her Dad‘s Points: 'Don't Tell Him'

'Am I a bad daughter?'

Reason · Jun 19

The U.S. and Iran Are Exchanging Nuclear Concessions for Economic Relief. That's Compromise, Not Surrender.

Hawks don’t understand what diplomacy is: Both sides give something up and both sides get something in return.

The Economic Times · Jun 19

Cuba unveils historic package of free-market reforms

In a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in the economy and attracting investment in everything from banking to tourism and agriculture. These huge changes come as the United States exerts strong pressure on Cuba aside from…

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