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The Latest Breaking News from Oil

A new U.S. trade deal with Indonesia secures fossil fuels and access to critical minerals

A new trade pact between the United States and Indonesia binds the Southeast Asian nation’s resource wealth and energy future more closely to Washington’s strategic needs

The Independent UK

About 90 ships have crossed the Strait of Hormuz since war began. Here’s how

Most shipping traffic through the Strait of Hormuz, which supplies roughly one-fifth of the world’s crude oil, has been halted since early March

The Independent UK

Asian shares gain and oil slips back despite a barrage of attacks by Iran

Asia shares are mostly higher with benchmarks in Japan and South Korea sharply higher

The Independent UK

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Trump's 'take Cuba' threat: President Miguel Diaz-Canel guarantees 'unbreakable resistance' after 29-hour blackout

Cuban leader Miguel Diaz-Canel has proclaimed 'iron-clad determination' to stand firm against aggressive US posturing, referencing Donald Trump's latest comments on 'taking over Cuba.' This declaration comes amid a dire fuel and economic crisis for the island, made worse by US blockades on oil shipments.

The Times of India

'Was at his daughter’s house': Inside the strike that killed Iran security chief Ali Larijani

Ali Larijani, secretary of Iran’s Supreme National Security Council, was killed on Tuesday in a strike at his daughter’s home in the Pardis area, according to Iranian state media.

The Times of India

Ukraine war briefing: Kyiv deploys 200 anti-drone experts to Middle East

Zelenskyy warns British MPs of drone technology advances and future attacks; UK readies for court battle with Russian billionaire Roman Abramovich. What we know on day 1,484

The Guardian - AU

Aussie shares climb on steady oil price, rate outlook

A temporary lull in energy price pressures has sparked cautious optimism in equities, despite no end in sight for the Iran conflict or its impact on oil supply.

AAP

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Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock?

New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook

The Guardian - AU

Top Iran security chief Ali Larijani killed after Israel air strikes in major blow to country’s leadership

Mr Larijani was considered one of the most powerful figures in the country following the death supreme leader Ayatollah Ali Khamenei

The Independent UK

PSA: The Viral 11-Step Abbey Yung Method For Healthy Hair Is On Sale Right Now

The queen of HairTok has revealed her 11-step method, and thanks to Afterpay Day, a bunch of her recommendations are on sale.

Pedestrian.tv

Why is petrol more expensive in Germany than most places in the EU?

Germany has been hit particularly hard by rising petrol prices compared to the rest of the EU. A task force set up by the German government aims to counteract this while exposing the oil companies' profit scam.

Euronews

Cotton Sees Green on Tuesday

Cotton futures closed the Tuesday session with contracts 48 to 70 points in the green on St Patrick’s Day. Some deferred contracts were up 5 to 18 points. Crude oil was back up $2.52 to $96.02, with the US dollar index down $0.158 to $99.310. The Seam showed sales on...

Barchart

Lindsey Graham Says Trump Is Furious At Europe Over Strait Of Hormuz Snub — Oil Supply At Risk

Lindsey Graham reveals Trump's anger at Europe over the Strait of Hormuz snub, raising fears of oil supply disruption, rising prices, and a widening rift between Western allies.

International Business Times UK

DOGE cut the State Department’s oil and gas experts just months before war in Iran sent prices through the roof, report claims

‘Before any of this should have happened, there should have been discussion about what are the implications of this,’ a former State Department staffer said

The Independent UK

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The Independent UK

US drivers see gas prices jump to their highest level since 2023 as the Iran war drags on

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide

Barchart

Stock Indexes Advance as Chip Makers and Travel Stocks Rally

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.25%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.51%. March E-mini S&P futures (ESH26 ) rose +0.26%, and March E-mini Nasdaq futures...

The Guardian - US

Democrats urge windfall tax as big oil set to make billions from Iran war

Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costs

Barchart

Is Coterra Energy Stock Underperforming the S&P 500?

Coterra Energy stock has slightly lagged the broader S&P 500, but analysts remain fairly bullish about its prospects.

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Kiplinger

Higher Oil Prices Can't Keep Stocks Down: Stock Market Today

Stocks closed higher on Tuesday even as higher energy costs loom over the March Fed meeting.

International Business Times UK

'Last of Our Concerns': Trump Economic Adviser Dismisses Consumer Concerns on Gas Price Hike

Kevin Hassett, Trump's economic adviser, downplays consumer struggles amidst rising gas prices and the US-Israeli conflict with Iran.

The Mary Sue

‘Native is lying to you’: Virginia esthetician sees Native body wash ad. Then she says the brand is fearmongering

Look at the ingredient list of any cosmetic, and you’re likely to see a lot of words you don’t recognize.

InsideEVs

Gas Car Drivers Hit 5 Times Harder By Iran Oil Shock Than EV Owners

According to one study, rising oil prices will hit gas cars five times harder than EVs, which will see a much smaller increase in running costs.

The Guardian - US

Oil flows again through controversial California pipeline after Trump order

Pipeline, closed since 2015 after huge oil spill, reopens after president cites need to boost US supply amid war on Iran

The Independent UK

Donald Trump’s new tantrum: We don’t need anyone’s help in Iran war

The US president lashed out at his ‘foolish’ allies multiple times before insisting that the US was the most powerful country in the world and did not need any help

Barchart

Crude Oil Rallies as Iranian Attacks Disrupt Middle Eastern Supplies

April WTI crude oil (CLJ26 ) on Tuesday closed up +2.71 (+2.90%), and April RBOB gasoline (RBJ26 ) closed up +0.1231 (+4.10%). Crude oil and gasoline prices rallied sharply on Tuesday, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the...

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