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The Latest Breaking News from Oil

Closing the 'deterrence gap': German military association calls for war economy

The German Armed Forces Association is warning of a growing Russian threat, a weakened Europe and an unreliable Washington — while the Iran conflict pours billions into Putin's coffers.

Euronews

Trump Can't TACO His Way Out of Iran

The president is good at backing out of a losing bet—but this time, it's out of his hands.

Reason

Surging Crude Oil Prices Support Sugar

May NY world sugar #11 (SBK26 ) today is up +0.35 (+2.25%), and May London ICE white sugar #5 (SWK26 ) is up +7.60 (+1.67%). Sugar prices are sharply higher today, with NY sugar posting a 5.5-month high. Sugar prices are tracking today's +4% surge in crude oil prices (CLK26...

Barchart

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Russian Tanker Carrying Hundreds Of Thousands Of Oil Barrels Less Than a Week From Reaching Cuba: Report

A Russian tanker carrying hundreds of thousands of oil barrels is less than a week from reaching Cuba, potentially setting up a showdown with the U.S., which continues enforcing a fuel blockade of the island.

Latin Times

How a war in the Middle East is hiking your mortgage rate in America

The 30-year fixed mortgage rate rose to 6.43% last week, its highest level since last October.

Fortune

Mace defects to Democrat side of Iran battle: ‘Not voting to send sons and daughters ... to die for the price of oil’

Mace says she will support Democrats’ Iran War Powers resolution

The Independent UK

Trump says US operations in Iran war 'extremely ahead of schedule'

US envoy Steve Witkoff said there were "strong signs" Iran could be convinced to make a peace deal, confirming that Washington had passed a 15-point plan to Tehran through mediator Pakistan.

Euronews

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Crude Oil Sharply Higher on Concerns About Escalation of the Iran War

May WTI crude oil (CLK26 ) today is up +3.90 (+4.32%), and May RBOB gasoline (RBK26 ) is up +0.1080 (+3.65%). Crude oil and gasoline prices are sharply higher today on skepticism about a ceasefire in Iran. Also, a report today from Axios that said the US is close to...

Barchart

Iran risks ‘going many years backward’ as environmental destruction threatens long-term health

Attacks on gas fields, nuclear sites, and desalination plants are leaching toxic pollutants into air, soil, and water, that could impact health for decades, experts say.

Euronews

Iran Ceasefire Skepticism Weighs on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.05%. June E-mini S&P futures (ESM26 ) are down -0.69%, and June E-mini Nasdaq futures...

Barchart

Why Sugar Prices Are Up on Oil Price Gains and How to Trade Sugar Futures Now

July sugar futures present a buying opportunity on more price strength.

Barchart

Iran Ceasefire Doubts Boost the Dollar

The dollar index (DXY00 ) today is up by +0.19%. The dollar is climbing today as doubts about whether a ceasefire in Iran will materialize weigh on stocks and boost safe-haven demand for the dollar. Also, today's decline in US weekly continuing unemployment claims to a 1.75-year low is a...

Barchart

Inside the Viral 'Lord of the Straits' Video: Iran's Message and the Online Reaction

A viral Iranian animation highlights the Strait of Hormuz crisis, showing geopolitical risks and the potential global oil supply shock.

International Business Times UK

Drivers Are Seeing Higher Prices at the Pump—But the Reasons Aren’t What You Think

Gas prices are climbing faster than a car racing off at a green light, leaving drivers squinting at the pump in disbelief. Conventional wisdom points to supply shortages or global tensions, but the real story has layers far beyond the obvious. Experts highlight a mix of market dynamics, seasonal shifts,…

Clever Dude

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Euronews

Bond yields surge as Iran war stirs inflation fears almost a month into the conflict

Nearly a month into the Iran war, government bond markets have sharply repriced. Surging oil and gas costs have stoked inflation expectations and forced a rethink on central bank policy.

Barchart

Stocks Fall as Crude Oil Jumps on Doubts About a Ceasefire in Iran

The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.77%. June E-mini S&P futures (ESM26 ) are down -0.43%, and June E-mini Nasdaq futures...

Fortune

How badly the war in Iran is impacting your finances depends on where you live

Households whose budgets have a higher allocation toward groceries, fuel, and utilities—either because of geography or income—are more exposed to the Iranian conflict.

The Independent UK

Cost of Trump’s war: From energy bills to UK interest rates, how Middle East conflict is hitting Britons

Chancellor warns UK households face ‘significant’ economic challenges as US and Israel’s war against Iran sends global financial markets and energy prices spiralling

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The Times of India

Iran fortifying Kharg Island as US weighs possible seizure plan, laying traps and moving air defences: Report

Iran is fortifying Kharg Island with troops and air defence systems as the US reportedly considers a risky operation to seize the vital oil hub. While the Trump administration weighs this pressure tactic, experts warn of significant casualties and potential Iranian retaliation. Allies urge caution, advocating for a focus on…

Newslaundry

As US readies ground forces in West Asia, India’s ‘stable’ energy claims face a slippery reality

The war in West Asia is nearly a month old, and this morning, there’s news of the United States beginning to deploy airborne troops and Marine units into the region after Iran rejected a ceasefire proposal. This move expands the scope of military action beyond air and naval engagement. These…

The Times of India

'Slowed development of all regions': Putin says Middle East conflict could have Covid-like global impact

Russian President Vladimir Putin warned that the Middle East conflict's fallout could rival the Covid-19 pandemic, disrupting global logistics and supply chains. He noted significant pressure on key industries and highlighted Russia's surging energy revenues amid market turmoil. Moscow has publicly reaffirmed its support for Tehran, though the extent of…

International Business Times UK

Senator Murphy Alleges 'Corrupt' Insider Trading After £1.17 Billion Futures Bet Placed Minutes Before Trump's Iran Post

An anonymous trader's massive futures trades just before Trump's Iran strike pause announcement have sparked insider trading allegations from a US senator and a Nobel Prize-winning economist.

The Independent UK

Iran war's environmental toll could leave damage and health risks for decades, experts say

The Iran war is unleashing a toxic mix of chemicals, heavy metals and other pollutants that threaten everything from agriculture to drinking water to people’s health

Fortune

Current price of oil as of March 26, 2026

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

The Independent UK

Europeans vow to get tougher on Russia’s shadow fleet of oil tankers as a sea drone hits one of them

A group of northern European countries is vowing to harden the fight against Russia’s “shadow fleet” of tankers exporting its sanctioned oil

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