Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Crude Oil Prices Rally on Doubts Over US-Iran Ceasefire

June WTI crude oil (CLM26 ) today is up +3.95 (+4.03%), and June RBOB gasoline (RBM26 ) is up +0.1110 (+3.08%). Crude oil and gasoline prices are moving sharply higher today after President Trump cast doubt over the ceasefire with Iran, which could lead to the escalation of hostilities that...

Barchart

Stocks Retreat as Oil Prices Surge and Inflation Accelerates

The S&P 500 Index ($SPX ) (SPY ) today is down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.45%. June E-mini S&P futures (ESM26 ) are down -0.74%, and June E-mini Nasdaq futures...

Barchart

Congress Is Talking About a Federal Gas Tax Holiday: How Much Will Drivers Really Save?

As calls grow to suspend the federal gas tax, analysts say drivers may see only limited relief at the pump.

Kiplinger

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

Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall Street

US stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell more than 307 points to 49,396.89, while the S&P 500 declined 0.63% to 7,366.24. The Nasdaq Composite dropped nearly 1%. Tech stocks lost momentum. Nvidia,…

The Economic Times

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas

With gasoline prices still high – averaging over US$4.50 a gallon in mid-May 2026 – President Donald Trump said he wanted Congress to suspend the federal gas tax, which is 18.4 cents a gallon for gasoline and 24.3 cents a gallon for diesel. A bill has been introduced in the…

The Conversation

'A miserable number': Iran war and AI spending drove inflation to a 3-year high

KPMG's Diane Swonk says the Iran war is in your groceries, AI is in your electricity bill, and the Fed has no easy way out.

Fortune

Venezuela as the 51st State? Here's Why Donald Trump's Venezuela Statehood Dream Faces Legal Roadblocks

Donald Trump has suggested making Venezuela the 51st US state, sparking debate over the feasibility and legality of such a move, amid ongoing discussions about oil and geopolitical influence.

International Business Times UK

Read news from The Economist, FT, and more,
with one subscription

Dollar Rallies on Crude Oil Strength as Hot US CPI Report

The dollar index (DXY00 ) today is up by +0.45%. The dollar is climbing today on renewed concerns that the US-Iran ceasefire may break down after President Trump said the current ceasefire was on "life support." Today's +3% surge in crude oil prices also boosts inflation expectations and may prompt...

Barchart

Oil Rises As Hope For Iran Deal Continue To Fizzle

Oil rose again on Tuesday as hopes for a deal to end the war in Iran continue to fizzle.

International Business Times

Quote of the day by ‘Father of Tragedy’ Aeschylus: ‘If you pour oil and vinegar into the same vessel, you would call them…’ Timeless lesson on toxic friendships, conflicts and harmony by Greek playwright

Quote of the day: Widely regarded as the “Father of Tragedy,” Aeschylus transformed Greek drama into a powerful art form exploring justice, pride, conflict and reconciliation. His plays were populated with kings, warriors, gods and moral struggles, yet many of his reflections on human nature continue to feel remarkably relevant…

The Economic Times

Stocks Pressured by Rising Oil Prices and Accelerating Inflation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.72%. June E-mini S&P futures (ESM26 ) are down -0.38%, and June E-mini Nasdaq futures...

Barchart

The War Comes for Your Wallet: Inflation Hits 3.8%, Highest Level in 3 Years

Prices are now rising faster than wages, just like during much of the Biden years. The war in Iran is largely to blame.

Reason

Why is BTC falling? Will Bitcoin price go up today as crypto market loses $23 billion amid Iran tensions and oil fears?

The crypto market lost nearly $23 billion in value within hours as Bitcoin price slipped below $81,000 and investor fear returned across global markets. The total crypto market cap dropped to $2.67 trillion while Bitcoin failed to break above a major resistance zone near $83,600. That rejection changed market sentiment…

The Economic Times

April CPI Report: Higher Energy Prices Keep Inflation Hot

The ongoing conflict in the Middle East is having a major impact on inflation, with April's annual rise in headline CPI the fastest since 2023.

Kiplinger

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Oil is Inching Up - One Play is to Short Chevron Calls and Puts Over the Next Month

June WTI futures prices are slowly moving higher, over $99 today. One profitable play is to sell short out-of-the-money one-month Chevron calls and puts. I discussed this last month, and it has worked out.

Fortune

Current price of oil as of May 12, 2026

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

Radio France Internationale

Uganda's Museveni sworn in for seventh term as succession question looms

Uganda’s President Yowrei Museveni has been sworn in for a seventh – and possibly final – five-year term in office, as the country prepares to become an oil producer by the end of the year.

Barchart

Cotton Pulling Back Early on Tuesday

Cotton prices are down 95 to 110 points so far on Tuesday morning. Futures rallied 152 to 304 points across most contracts on Monday, with some deferreds lower. The US dollar index was $0.016 higher at $97.800. Crude oil was up $2.83 at $98.25 on Monday. NASS Crop Progress data...

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

India 10-year bond yield hits 5-week high on rising oil and war jitters

Hopes for a deal dimmed after Donald Trump said ‌a ceasefire with ⁠Iran was "on ⁠life support". Concerns about oil supply deepened after a senior officer in Iran's Islamic Revolutionary Guard Corps Navy said Tehran had expanded its definition of the Strait of Hormuz into a "vast operational area" far…

Barchart

Why is Tuesday Like Christmas to the BRACE Industry?

For those who live and breathe only because the government is benevolent enough to bestow imaginary numbers on them, Tuesday is their day.

The Conversation

How big oil companies can slow the green transition by suing governments that ban fossil fuels

The UN’s climate summit in Brazil did not produce a fossil fuel roadmap last November, as had been expected. Now the closure of the Strait of Hormuz has exposed the fragility of global dependence on fossil fuels.

The Independent UK

Modi urges Indians to work from home as US-Iran war sparks fuel crisis

Prime minister calls for adopting measures developed during Covid pandemic

The Economic Times

India will need to see how long fuel retailers can bear losses, oil minister says

India's oil minister highlighted the need to address state-run fuel retailers' mounting losses from selling petrol and diesel below market rates. Despite global price surges, pump prices remain unchanged, impacting companies significantly. Officials deem compensation fiscally unsustainable, suggesting a substantial but inflation-conscious price adjustment may be necessary soon.

The Economic Times

Sensex dips 3,400 points in 4 days. Is this the beginning of a bigger crash?

Indian equity markets fell for a fourth straight session as rising crude oil prices, geopolitical tensions, FII selling, and a record-low rupee triggered sharp losses across benchmark, midcap, and smallcap indices. Analysts warned volatility may persist unless global tensions ease and inflation concerns stabilise.

The Economic Times

Rupee's rough patch worsens on oil, outflow strain; central bank likely steps in

The rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices since the Iran war began. The Philippine peso and the Indonesian rupiah have also been impacted severely, with the latter hitting a record low on Tuesday as…

1 … 314 315 316 317

People

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Dow Jones Industrial Average

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.