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The Latest Breaking News from Oil

Scots more likely to oppose ban on new oil and gas fields, survey finds

It suggests opposition to the ban is higher in Scotland than in England and Wales.

Evening Standard

Stock Indexes Rebound Despite Rising Oil Prices

Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.

Barchart

Some countries in Asia are rationing energy – why they’ve been hit hardest by the crisis in the Gulf

The war in Iran has led to a global energy crisis. Shipping traffic through the Strait of Hormuz, a major energy chokepoint that handles roughly 20% of the world’s oil, has been largely blocked by Iran since hostilities broke out in late February. This has, at times, caused oil prices…

The Conversation

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

Why is Anthony Albanese visiting Singapore amid Australia’s fuel crisis – and what could come from it?

The Middle East conflict has shaken both nations: Australia is facing shortfalls of oil, while Singapore’s gas supply is under threat

The Guardian - AU

Oil prices could take a year to return to pre-Iran levels even if ceasefire holds, Australian experts warn

Analysts say uncertain stability of truce and major damage to infrastructure among many issues that will keep prices high for foreseeable future

The Guardian - AU

4 Oil ETFs Riding the Crude Price Surge: What Investors Should Know

With oil prices reaching the highest level in years, these ETFs can offer outsized gains, although they come with a variety of risks.

MarketBeat

Dollar Slips on Weak US Economic News

The dollar index (DXY00 ) is down by -0.24% today and just above Wednesday's 4-week low. Weaker-than-expected US economic news today is weighing on the dollar. Q4 GDP was unexpectedly revised lower, Feb personal income and spending rose less than expected, and weekly jobless claims rose more than expected to...

Barchart

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The Ceasefire Is Real — But Analysts Warn British Fuel and Food Prices Will Keep Rising for Months Regardless

Analysts warn that even after a ceasefire, UK fuel and food prices may continue rising for months due to supply chain disruptions, energy market risks, and global economic pressures.

International Business Times UK

Stocks Under Some Pressure as Optimism Fades Over US-Iran Ceasefire

The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are down -0.08%, and June E-mini Nasdaq futures...

Barchart

Iran War Update: Beijing Sidesteps Credit As Trump Hails China Role In Hormuz Peace Deal

Beijing has praised the Iran war ceasefire and the reopening of the Strait of Hormuz but pointedly declined to confirm Donald Trump's claim that China helped broker the deal.

International Business Times UK

Trump tests Nato, demands pledges to secure Hormuz as Iran keeps chokehold on strait

The cracks in Nato grew wider after the bloc gave a cold shoulder to the Washington when Trump sought the Cold War-era alliance to step in the war against Iran and use it as a leverage in easing Tehran's grip over Strait of Hormuz that has squeesed oil supply. The…

The Times of India

Iran war puts focus on petrochemicals used in numerous products and a driver of climate change

The Iran war is highlighting global dependence on petrochemicals

The Independent UK

The Car Maintenance Mistakes That Wreck Engines Faster Than You Think

Ignore a small maintenance task today, and tomorrow might come with a repair bill that feels like a punch to the gut. Engines demand attention, and they do not negotiate when they miss it. Every skipped oil change, every strange noise brushed aside, and every “it can wait” decision stacks…

Clever Dude

The Middle East Paradox: How Global Energy Shocks Actually Benefit the U.S. Economy

While a protracted Middle East conflict threatens Eurasia with severe energy deficits, the U.S. economy stands to benefit. Backed by domestic energy self-sufficiency, America is positioned to attract a massive inflow of global capital and industrial relocation, turning a global crisis into a profound competitive advantage.

Barchart

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International Business Times UK

Rubio's Brutal 7-Word Threat to Iran Sparks Online Fury—'A Regime That Doesn't Believe in Laws'

US Secretary of State Marco Rubio has issued a scathing seven-word warning to Tehran during a meeting with Winston Peters. Despite a fragile two-week US-Iran truce brokered by Pakistan, tensions remain high over commercial vessel attacks. Discover how this diplomatic rift impacts global oil supply stability and Middle East maritime…

Euronews

Could billions in frozen Iranian assets help the US unlock a deal?

Ahead of US-Iran negotiations in Islamabad on Friday, a top demand from Tehran will likely be the unlocking of its frozen assets abroad. Trump will have to consider handing back the fortune he once locked away.

The Guardian - UK

First Thing: Ceasefire in peril as Israel assaults Lebanon and Iran blocks oil tankers

Iran and mediator Pakistan say ceasefire includes Lebanon but Israel and US disagree. Plus, how Korean fried chicken took over the world

Barchart

Cotton Posting Thursday AM Weakness

Cotton price action is down 11 to 34 points early on Thursday. Futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week...

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Barchart

Soybeans Starting Thursday with Gains

Soybeans are trading 3 to 4 cents higher on Thursday morning. Futures closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. Open interest was down 18,217 contracts in May as the Goldman roll kicks off, with July rising 19,402 contracts. The...

Barchart

Wheat Bouncing on Thursday Morning

Wheat is kicking off Thursday trade with contract higher across the three markets. The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents in the nearbys on the day. Open interest was...

MarketBeat

3 Bargain-Cheap Small Caps Worth a Second Look

Three low P/E small-cap stocks offer distinct catalysts and upside potential as investors look ahead to a broader market rally

Fortune

Current price of oil as of April 9, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

The Independent UK

Tanzanian leader orders smaller convoys and shared buses to cut fuel use as prices rise

Tanzania's President Samia Suluhu Hassan is cutting down on official and luxury vehicles to save fuel as oil prices rise due to the Iran war

The Independent UK

8 perioral dermatitis treatments I swear by as a beauty editor

Beauty expert Emma North spoke to consultant dermatologists who weigh in on the best skincare

MarketBeat

Why the Energy Sector's April Pullback Could Be a Major Buying Opportunity

Energy stocks are on track to hit fresh highs as high oil prices drive higher margins and cash flow, underpinning capital returns. Institutions are buying it.

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Mohammad Reza Pahlavi

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