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The Latest Breaking News from Oil

Breaking Live 11 publishers covering this story in the last 6 hours

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Yuan for oil payments? UAE seeks US safety net amid Iran war - report

The UAE has requested a US financial safety net amid concerns that an Iran war could severely damage its economy and investor confidence. Talks included a currency-swap line proposal, as the UAE fears needing to use other currencies for transactions if dollar shortages arise.

The Times of India · Apr 20

Ukraine-Russia war latest: Trump envoys ‘disrespectful’ for visiting Moscow not Kyiv, Zelensky says

Zelensky says that the shortage of Patriot missiles is ‘worse than ever’ through the US-Iran crisis

The Independent UK · Apr 20

Oil tanker captain braves volatile Middle East waters as US-Iran tensions rise

The veteran has been on board his tanker for four months during the US-Iran conflict

The Independent UK · Apr 20

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Ed Miliband to double down on net zero with measures to combat Iran energy shock

As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will say

The Guardian - UK · Apr 20

'Vibes all the way down': Iran’s swipe at US comes with oil market warning amid Hormuz tensions

Iran’s parliament speaker Mohammad Bagher Ghalibaf on early Monday took a shot at the US, warning that energy pricing is increasingly being driven by sentiment rather than fundamentals, as tensions around the Strait of Hormuz continue to rattle global supply chains.

The Times of India · Apr 20

Oil prices jump as US-Iran tensions over Strait of Hormuz simmer yet again

A standoff between Iran and US has prevented tankers from using the Strait of Hormuz

The Independent UK · Apr 20

Iran-US war latest: Trump says his Hormuz blockade is ‘destroying’ Iran and will only end with peace deal

Iranian parliamentary Speaker Mohammad Bagher Ghalibaf said Tehran does not accept negotiations with the US under threats

The Independent UK · Apr 20

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ASX almost flat as traders await Gulf developments

Australian shares have started the week relatively flat despite tensions between the US and Iran rising two days before the expiry of their ceasefire.

AAP · Apr 20

Here’s how using more recycled plastic could ease the pain of oil shocks

As the crisis in the Middle East continues, much of the public focus has been on fuel prices and the cost of living. But there’s another oil-related product that often gets overlooked: plastic.

The Conversation · Apr 20

UAE Blames Trump for Escalating Iran Conflict, Threatens Switch to Chinese Yuan Amid Potential Dollar Shortages

The UAE is considering moving away from the US dollar to the Chinese yuan amid rising regional tensions and economic instability, challenging traditional alliances.

International Business Times UK · Apr 20

Trump news at a glance: Oil price surges again as Iran accuses US of breaking ceasefire

Tehran vowa to respond after USS Spruance fires on Iranian-flagged cargo ship allegedly running strait of Hormuz blockade. Key US politics stories from Sunday 19 April

The Guardian - US · Apr 20

Energy Secretary admits gas prices might not drop until next year

‘I don’t know’ when gas prices will come down, Trump energy chief tells CNN

The Independent UK · Apr 20

Oil prices jump after Strait of Hormuz setbacks

The latest increase reverses a large chunk of Friday's sharp decline.

Axios · Apr 19

Oil prices rise anew amid a US-Iran standoff in the Strait of Hormuz

Oil prices are rising in early trading as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies

The Independent UK · Apr 19

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The Conversation · Apr 19

You don’t have to be a ‘cyclist’ to ride a bike. Here’s how to start again

As fuel prices climb and oil supply shocks multiply, you might be thinking – perhaps for the first time in years – about dusting off the bike and riding again. Perhaps you’re kicking yourself you haven’t done it already.

The Conversation · Apr 19

This fuel crisis could last for a while. It’s time for a new approach to fuel use – end it

Australia is in the middle of a fuel crisis, but the way the state and federal governments have chosen to respond signals a firm commitment to fossil fuels.

The Mary Sue · Apr 19

Trump’s latest Alaska drilling auction puts grizzlies, polar bears and sacred Indigenous land on the chopping block

The U.S. government just scheduled another oil and gas lease sale for Alaska’s Arctic National Wildlife Refuge, setting the stage for a fresh battle over a region that’s home to wildlife like grizzly bears, polar bears, gray wolves, caribou, muskoxen and migratory birds and land sacred to the Gwich’in Indigenous…

Salon · Apr 19

You should be freezing your garlic

Prepping and storing fresh garlic doesn’t have to be a hassle, thanks to these tips from a professional chef

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Creative Bloq · Apr 19

This artist blends oil paints, photos and sculpture to create realistic fantasy scenes

Daniel Katz combines imagination and real-world content.

Euronews · Apr 19

Ukraine targeted with over 230 Russian drones, Zelenskyy blasts US green light for Russian oil

Ukrainian Defence Forces targeted drone manufacturing plants in Russia and on occupied Ukrainian territory.

The Independent UK · Apr 19

India summons Iranian envoy after tankers come under fire in Strait of Hormuz

Attacks disrupt vital oil route used heavily by Indian shipping

Euronews · Apr 19

Strait of Hormuz standoff reignites as IRGC defies Iran’s diplomats

The Strait of Hormuz has been blocked again by Iran, as the IRGC’s hardline stance appears to prevail in Tehran. US Vice President JD Vance will lead the US delegation for talks in Pakistan on Monday, after President Trump said he would not attend.

The Independent UK · Apr 19

An energy blockade on Cuba pulls the plug on Havana’s legendary nightlife

President Donald Trump’s oil embargo on Cuba has exacerbated a crisis that has turned Havana’s nightlife dark and quiet

The Economic Times · Apr 19

Charting the Global Economy: IMF trims world growth projections

The International Monetary Fund has lowered its global growth forecast for 2026. This adjustment comes as the war in the Middle East has caused a significant oil price shock. The IMF also anticipates higher inflation due to rising energy and food costs.

The Guardian - AU · Apr 19

Ben Roberts-Smith denies war crimes allegations – As it happened

All the day’s news as it unfolded

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