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The Latest Breaking News from Oil

Breaking Live 10 publishers covering this story in the last 6 hours

8m ago Ecuador and U.S. Push Regional Security Alliance, But Mining and Energy Enter the Agenda
18m ago Iran Warns US It Is Ready to 'Inflict Crushing Blows' After Trump Threatens to 'Annihilate' Regime
20m ago Germany commits for first time to phasing out fossil fuels by 2045
1h ago Ryanair boss says he has ‘no doubt’ air fares will increase next year
1h ago US 30-year mortgage rate tops 7%, hits 2-year high

Oil’s New Security Premium: Trading Geopolitical Chaos for Institutional Panic

Don't expect a peace deal to sink the barrel. The global realization of energy vulnerability has triggered a massive shift toward hoarding, ensuring that millions of barrels will flow into strategic vaults rather than the open market, effectively canceling the return to cheap energy.

Barchart · Apr 23

Stock Indexes Recover on Strength in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. June E-mini S&P futures (ESM26 ) are up +0.07%, and June E-mini Nasdaq futures...

Barchart · Apr 23

‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone with no cure in sight

IEA chief Fatih Birol says the world is losing 13 million barrels of oil a day, more than the two 1970s oil crises combined.

Fortune · Apr 23

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BP board suffers triple climate rebellion from shareholders

More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting

The Guardian - UK · Apr 23

Middle East Tensions Support the Dollar

The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East, which is boosting safe-haven demand for the dollar. Also, rising crude oil prices are pushing up inflation expectations, a hawkish factor for Fed...

Barchart · Apr 23

Stocks Pressured as Peace Talks with Iran Remain in Limbo

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. June E-mini S&P futures (ESM26 ) are down -0.08%, and June E-mini Nasdaq futures...

Barchart · Apr 23

US and Iran continue seizing ships in tense Hormuz standoff

The US and Iran continued seizing ships in the tense Hormuz standoff, with Tehran calling Washington's blockade a “ceasefire violation” and claiming it has been collecting transit fees for passage.

Euronews · Apr 23

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Donald Trump Issues 'Shoot and Kill' Order to U.S. Navy as Strait of Hormuz Conflict Escalates

Donald Trump has told the US navy to 'shoot and kill' any Iranian boats laying mines in the Strait of Hormuz, hardening a blockade that is already roiling global energy markets and testing maritime law.

International Business Times UK · Apr 23

Trial Reveals Former Florida Lawmaker Advised Venezuelan Businessman to Mislead Herald About Meeting With Vice President Pence

David Rivera has been accused by the DOJ of not registering as a foreign agent after securing a $50 million contract in 2017 with the Venezuelan national oil company

Latin Times · Apr 23

Drug prices rise by up to 30 per cent due to Iran war, pharmacists warn

Painkillers and hay fever medications are seeing price hikes for customers due to a surge in oil prices

The Independent UK · Apr 23

'Deadlock over': EU unlocks $105bn loan for Ukraine, slaps new sanctions on Russia

In a landmark decision, the European Union has greenlit an impressive €90 billion loan to Ukraine alongside a new wave of sanctions targeting Russia, effectively breaking a prolonged deadlock. This vital financial support, designated for military and fiscal stability, follows Hungary and Slovakia's recent agreement to resume oil flows through…

The Times of India · Apr 23

Iran's Economy Buckles As Currency Slides And Oil Risks Escalate Amid Conflict

Mounting geopolitical tensions are amplifying Iran's economic instability, with ripple effects expected across global energy markets.

International Business Times · Apr 23

Current price of oil as of April 23, 2026

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

Fortune · Apr 23

The Iran War just made the clean energy transition non-negotiable

I've spent 20 years making the economic case for clean energy. Hormuz just made the geopolitical case — at the cost of many lives and $126-a-barrel oil.

Fortune · Apr 23

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The Conversation · Apr 23

Why Sweden’s ban on fossil fuel production matters, despite not producing any itself – new research

In 2022, Sweden took a rare step: the country banned all fossil fuel production.

The Independent UK · Apr 23

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv

Ukrainian President Volodymyr Zelenskyy says U.S. weapon deliveries to Ukraine haven't stopped despite the Iran war

The Independent UK · Apr 23

The Latest: Israel and Lebanon to meet in Washington while Iran-US talks are in limbo

Israel and Lebanon are meeting in Washington Thursday in the hope of extending a fragile 10-day ceasefire that began last week

Euronews · Apr 23

EU agrees fresh sanctions on Russia but leaves maritime services ban on hold

Due to Greece and Malta's concerns, the full ban on maritime services will be left on hold pending an agreement at the G7 level. The US, however, is going in the opposite direction by providing sanctions relief to Russia.

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The Guardian - US · Apr 23

Republican lawmakers attempt to shield big oil from climate lawsuits in ‘alarming’ bills

Climate experts and advocates warn House and Senate bills will protect polluters at the cost of the climate

The Independent UK · Apr 23

US military says it seizes another oil tanker associated with Iran

The U.S. military has seized another tanker associated with the smuggling of Iranian oil

The Guardian - UK · Apr 23

Folded, whipped or baked into something golden, ricotta is brilliant and adaptable

This soft, whey‑born staple slips effortlessly from savoury suppers to indulgent celebratory desserts while keeping its cool, milky charm

International Business Times · Apr 23

ASX 200 Top Gainers Surge as Regis Healthcare Jumps 16% on Budget Optimism and Sector Rotation

Australian shares posted mixed results Thursday with the benchmark S&P/ASX 200 index closing down 0.57%, yet a handful of standout performers bucked the broader weakness, delivering double-digit gains that highlighted selective buying in healthcare, resources and consumer stocks amid shifting policy expectations and commodity moves.

International Business Times · Apr 23

Trump Declares No Time Frame for Ending Iran Conflict as Strait of Hormuz Tensions Escalate

President Donald Trump declared Wednesday there is "no time frame" for ending the U.S. conflict with Iran, signaling an open-ended military and diplomatic posture even as a fragile ceasefire extension hangs in the balance and fresh clashes disrupt shipping in the Strait of Hormuz.

Barchart · Apr 23

Stocks Slip Before the Open on U.S.-Iran Talks Uncertainty, Earnings and PMI Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.56% this morning as stalled U.S.-Iran talks and heightened tensions in the Strait of Hormuz pushed oil prices higher, dampening risk sentiment.

The Times of India · Apr 23

US intercepts 3 Iranian oil tankers near India, Malaysia amid maritime blockade

US forces have intercepted at least three Iranian oil tankers in Asian waters, redirecting them away from key shipping lanes near India, Malaysia, and Sri Lanka. This action intensifies Washington's maritime blockade on Iran, disrupting global energy flows. The US Central Command has directed numerous vessels to turn back, highlighting…

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