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The Latest Breaking News from Oil

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

41m ago A Coin Stuck in a Boy's Esophagus Slid Down Within an Hour After Doctors Tried Olive Oil
1h ago Global Market Today: Asian stocks waver on inflation, rate concerns
1h ago Why Oil Hasn't Exploded Above $100: $750M Fund Manager Reveals the Fragile Forces Holding Prices Down
1h ago Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies
1h ago D-Street braces for weak opening on negative GIFT Nifty cues

Blocking what is already closed: Why Trump is blockading Hormuz Strait

President Trump has threatened to blockade the Strait of Hormuz. This move aims to increase pressure on Iran. The waterway is crucial for global oil shipments. Iran has already been limiting access. Trump's action risks further disruption to oil flows. This could lead to higher global oil prices. The US…

The Times of India · Apr 13

Iran Says U.S. Blockade Of Strait Of Hormuz Amounts To 'Piracy,' Threatens 'Forceful Response'

Iran said the U.S.'s blockade of the Strait of Hormuz amounts to "piracy" as oil prices rise again.

International Business Times · Apr 13

These 3 Country ETFs Are Big Beneficiaries of the Iran Ceasefire

With fighting in Iran on pause, markets have soared once again. Here are three international ETFs poised to benefit most from normalized oil flows.

MarketBeat · Apr 13

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Disputes over Africa’s ocean resources: here’s what could help avoid them

Over the last several decades, the oceans have become more crowded. Aquaculture, wind and wave energy, and oil and gas exploration are taking up more space. This growth threatens the health of ocean ecosystems and coastal communities’ access to food and livelihoods that they have relied on for centuries.

The Conversation · Apr 13

US military begins blockade of Iranian ports on Trump’s orders

Prime Minister Sir Keir Starmer said he did not support the blockade announced by the US president.

Evening Standard · Apr 13

‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money

Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices

The Guardian - US · Apr 13

Trump’s Strait of Hormuz blockade threatens piracy and risks outright war against China

ANALYSIS: Trump’s threats to the Strait of Hormuz will make America a pirate nation and risk conflict with China, making Beijing seem like the grown-ups, explains world affairs editor Sam Kiley

The Independent UK · Apr 13

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Stocks Mixed as US Set to Blockade the Strait of Hormuz

The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.21%. Stock indexes are mixed this morning even as crude oil prices surge after President...

Barchart · Apr 13

Nigerian ex-oil minister denies taking bribes for government contracts, during a trial in London

A former Nigerian oil minister has denied taking bribes in exchange for government contracts

The Independent UK · Apr 13

Can Péter Magyar break Hungary’s reliance on Russian oil?

Péter Magyar, the expected future Hungarian prime minister, won the general election in a landslide, unseating outgoing Viktor Orbán after 16 years in power and raising questions about whether Budapest will move away from Russian energy.

Euronews · Apr 13

U.S. Gas Prices Poised To Surge As Trump's Iran Blockade Sends Oil Markets Into Shock

The U.S. blockade, which is expected to restrict shipping to and from Iranian ports, could effectively remove around 2 million barrels of oil per day from global circulation.

International Business Times · Apr 13

How Trump’s ‘God Squad’ Could Devastate Endangered Species Along Texas’ Gulf Coast

If left intact, the exemption for oil and gas companies in the Gulf of Mexico could forever harm vulnerable species and their habitats.

Texas Observer · Apr 13

Don’t mention the climate: Trump creates ‘beyond absurd’ situation at global finance talks

Developing countries face possible shelving of crucial green action plan at IMF and World Bank spring meetings

The Guardian - UK · Apr 13

Oil Is Off Its Peak - Time to Buy Oil Stocks Like ConocoPhillips?

Oil is off its peak prices, and it could be a good buying point for oil stocks like ConocoPhillips (COP). One way to do this is to set a lower buy-in point by shorting out-of-the-money (OTM) puts.

Barchart · Apr 13

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International Business Times UK · Apr 13

Donald Trump Claims 150 Iranian Ships are 'Underwater' as World Braces for 10 AM Strait of Hormuz Blockade

Donald Trump has announced a total US blockade of the Strait of Hormuz starting at 10 AM EDT today. The President claimed 150 Iranian Navy ships are already 'underwater' despite a lack of independent verification.

Fortune · Apr 13

Current price of oil as of April 13, 2026

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

The Independent UK · Apr 13

A freezer full of stock and a handful of shiitakes make Chris Fischer's mushroom soup

Shiitake mushrooms from a farm on Martha's Vineyard inspire a flavorful soup recipe from Chris Fischer in his cookbook “The Beetlebung Farm.”

Barchart · Apr 13

Cotton Trading with Monday AM Gains

Cotton price action is up 14 to 25 points early on Monday. Futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May was up 230 points on the week. The US dollar index was $0.104 lower at $98.485. Crude oil is back up...

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Barchart · Apr 13

Soybeans Holding Near Unchanged on Monday Morning

Soybeans are trading with front months down 1 to 2 cents, with deferred contracts up 1 1/2 cents. Futures closed the Friday session with contracts 5 to 10 ½ cents higher, as meal took control. May was up 12 ¼ cents on the week, with November up 3 3/4 cents....

The Independent UK · Apr 13

Man trampled to death in incident at Malaysian oil plantation

IN FULL

The Conversation · Apr 13

The conflict in the Middle East has provided a true test of the resilience of the global economy

The world economy survived the shocks of the Ukraine-Russia conflict, which has had limited impact on economic growth. But the escalation of hostilities in the Middle East has transformed what had been, until early 2026, a surprisingly benign outlook into a far more uncertain one. It has created the ultimate…

The Independent UK · Apr 13

Strait of Hormuz crisis deepens as European oil prices hit record high

IN FULL

The Independent UK · Apr 13

Elephant tramples 69-year-old man to death at Malaysian oil plantation

The man was later rushed to the hospital by his son, but was pronounced dead on arrival

Euronews · Apr 13

Germany cuts fuel tax as oil prices surge on Iran blockade

Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?

Evening Standard · Apr 13

Middle class to be £480 worse off as Trump's Iran war drives up bills, says think tank

Rising fuel and energy costs driven by Middle East conflict are forecast to impact UK incomes, with middle earners hardest hit

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