The Latest Breaking News from Oil

Tallying the global cost of the US-Israel war against Iran

From thousands of lives lost to an economic shock likely to plunge millions into poverty, the world is paying dearly

The Guardian - UK · Jun 15

Flynn says SNP will ‘fight to protect’ oil and gas while also backing renewables

The Scottish Economy Secretary spoke out on the issue as he campaigned in Aberdeen South ahead of Thursday’s Westminster by-election.

Evening Standard · Jun 15

Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war

Stock markets are rallying worldwide, and oil prices are easing after the United States and Iran reached a tentative deal to get the global flow of crude going again

AAP · Jun 15

ConocoPhillips Has Attractive Short-Put Yields over 1% for the Next Month

Short-sellers of out-of-the-money (OTM) ConocoPhillips put options expiring in one month can make 1% or more. COP stock has fluctuated with oil prices. Investors can play this by shorting OTM puts.

Barchart · Jun 15

Cotton Holding Firm on Monday Despite Crude Weakness

Cotton prices are looking at 9 to 19 point higher action so far on Monday. Futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50 to $84.21/barrel. It is down $4.65 this...

Barchart · Jun 15

Corn Posting Monday AM Losses on Following Crude Oil Pressure

Corn is trading with losses of 4 to 5 cents early on Monday morning. Futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents last week, with December down 5 ¾ cents. Open interest was up 6,185...

Barchart · Jun 15

Tentative deal on ending the Iran war sends stocks soaring, oil prices to lowest levels in months

Markets on Wall Street were poised to follow global markets sharply higher after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz, while oil prices fell close to $5 a barrel

AAP · Jun 15

Oil slide sends India's benchmark yield to two-month low

Indian government bonds saw a significant rally on Monday. The benchmark yield reached a two-month low. This surge followed news of a preliminary peace deal between the U.S. and Iran. Oil prices dropped sharply, benefiting India's finances. Foreign investors are showing renewed interest in Indian bonds. This positive sentiment is…

The Economic Times · Jun 15

What inflation, jobs and Iran war peace deal means for UK interest rates today

The base rate has been at 3.75 per cent since December 2025

The Independent UK · Jun 15

US-Iran war: what the ‘peace deal’ really means

The announcement of a new agreement between the United States and Iran has been greeted with relief across global markets. Oil prices have eased, shipping insurers have relaxed and politicians have rushed to hail a diplomatic breakthrough.

The Conversation · Jun 15