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The Latest Breaking News from Oil

Is selling off Santos to a foreign buyer in Australia’s national interest? First, define national interest

The prospect of handing control of the energy company to overseas buyers has raised a series of concerns. But many of them are nebulous

The Guardian - AU

Empanadas and stuffed piquillos: José Pizarro’s recipes for green peppers

Few vegetables are as celebrated by the Spanish as the pepper, as evidenced by these light and moreish empanadas filled with green peppers and sardines, and roast peppers stuffed with a rich ragu

The Guardian - UK

Three easy summer barbecue recipes full of Middle Eastern flavour

Chef Eran Tibi shares three bright, unfussy recipes for sunny days and easy gatherings – smoky cabbage, spatchcock poussin and a silky hummus worth scooping up

The Independent UK

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A carbon levy on global shipping promises to slash emissions. We calculated what that means for Australia’s biggest export

Moving people and things around the world by sea has a big climate impact. The shipping industry produces almost 3% of global greenhouse gas emissions – roughly the same as Germany – largely due to the movement of container ships, bulk carriers and tankers.

The Conversation

Asian Stocks Up As Trump Announces Iran-Israel Ceasefire

Asian shares gained and oil prices were down Tuesday, as fears of an energy market shock eased following US President Donald Trump's announcement of a ceasefire between Iran and Israel.

International Business Times

Australian shares rally on Iran-Israel ceasefire deal

The ASX energy sector fell 3.9 per cent as oil prices plunged on word of a truce in the Middle East but most other sectors finished higher.

AAP

Dow Futures Jump Over 200 Points As Trump Announces Ceasefire, But Iran Says 'No Agreement' — Crude Plunges

U.S. futures markets are rallying on Monday night, after President Donald Trump announced a “ceasefire timeline” for the conflict between Iran and Israel.

Benzinga

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Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

The rapidly unfolding events whipsawed world markets that briefly appeared to have avoided an oil shock and the uncertainty of a wider Middle East conflict.

Fortune

Seeking Passive Income? This Dividend Stock Yields 9.6%.

This dividend stock stands out for its high dividend yield of 9.6% and management’s focus on maintaining and even growing its yearly payments.

Barchart

Servos urged not to price gouge after oil price hike

The consumer watchdog is being urged to make sure motorists aren't ripped off at the bowser after Middle East strikes led to a surge in fuel costs.

AAP

Oil prices plunge after Iran retaliates with attack on American air base

The price of West Texas Intermediate, the U.S. benchmark for crude oil, fell 7.2 percent to $68.51 per barrel on Monday

The Independent UK

10 Easy Clues That a Car Hasn’t Been Taken Care Of

Shopping for a used car can feel like a game of high-stakes poker. Some cars look spotless on the outside but hide a troubling history under the hood. If you want to avoid buying a money pit, you need to recognize the signs of poor car maintenance before you hand…

Clever Dude

Stocks Rally on Hopes of De-Escalation of Hostilities in the Middle East

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.06%. September E-mini S&P futures (ESU25 ) are up +0.96%, and September E-mini Nasdaq futures...

Barchart

How Much Will Gas Prices Go Up After Iran Conflict?

Oil prices jumped after the US strikes on Iran. Should drivers expect prices at the pump to jump, too?

Kiplinger

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Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Rebound As Week Opens - $103,000 Emerges As Key Battleground

Crypto markets opened the week in the green, buoyed by renewed institutional interest and strong ETF inflows. As geopolitical tensions ease and oil prices stabilize, risk-on sentiment is returning, fueling a rebound across major digital assets.

Benzinga

Oil Was Supposed To Soar On Iran Strikes—It Just Crashed Instead

Oil markets defied all expectations Monday, crashing more than 7% to $68 a barrel even as Iran launched a barrage of missiles at U.S. military installations in Qatar in retaliation for American strikes on Iranian nuclear facilities over the weekend.

The Guardian - UK

Oil prices pare back losses amid doubts over Israel-Iran ceasefire

Stock markets including FTSE 100 edge higher as traders hope conflict will not disrupt oil supplies

Barchart

Crude Prices Plunge as Iran's Retaliation Misses Energy Assets

August WTI crude oil (CLQ25 ) Monday closed down -5.33 (-7.22%), and August RBOB gasoline (RBQ25 ) closed down -0.1114 (-4.82%). Crude oil and gasoline prices on Monday gave up sharp overnight gains and then plunged Monday afternoon after Iran's retaliation for the US attack on the country's nuclear sites...

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Benzinga

Oil Flares, Bitcoin Wobbles: Why Crude Now Moves The Crypto Needle

Tensions in the Middle East aren't just fueling oil prices – they're shaking the crypto charts too. As Brent crude flirts with volatility, Bitcoin (CRYPTO: BTC) briefly dipped below $90,000 over the weekend before bouncing back Monday, a move that James Toledano, COO of Unity Wallet, says is anything but…

Reason

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

The conflict with Iran is the latest in a decadeslong series of regime change operations, long-term entanglements, and all-out wars that always seem to invite more problems.

Barchart

The Plunge in Crude Oil Undercuts Sugar Prices

July NY world sugar #11 (SBN25 ) Monday closed down -0.06 (-0.37%), and August London ICE white sugar #5 (SWQ25 ) closed down -7.60 (-1.60%). Sugar prices on Monday gave up an early advance and closed lower after a -7% plunge in crude prices (CLQ25 ) sparked long liquidation in...

Benzinga

US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips

Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).

We Got This Covered

Donald Trump issues bizarre ultimatum, says ‘everyone’ who won’t lower oil prices is conspiring with ‘the enemy’

Everyone keeps oil prices down.

AAP

Orderly, coherent or flat-footed: PM rejects criticism

Anthony Albanese has dismissed suggestions he was "flat-footed" after US bombing raids on Iran, as he called for a ceasefire to hold between Iran and Israel.

Fortune

The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it

About 20 million barrels of oil a day flow through the Strait of Hormuz, or the equivalent of 20% of global petroleum liquids consumption.

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