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The Latest Breaking News from Oil

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

46m ago US will make up to $7 billion in loans to help Trump ally Milei tap Argentina’s oil and minerals
1h ago Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?
1h ago Oil prices edge lower as Iran says it is open to diplomacy to end the war
2h ago A Coin Stuck in a Boy's Esophagus Slid Down Within an Hour After Doctors Tried Olive Oil
2h ago Global Market Today: Asian stocks waver on inflation, rate concerns

‘Enjoy it now’: Iran warns of painful oil price surge as Trump escalates blockade threat

As Donald Trump threatened a naval blockade on Iran, Tehran responded with a stark warning on rising fuel costs. Iran’s Parliament Speaker Mohammad Bagher Ghalibaf said global consumers would soon feel the impact, writing on social media, “Enjoy the current pump figures. With the so-called ‘blockade’, soon you’ll be nostalgic…

The Times of India · Apr 13

Strait of Hormuz blockade explained: why is Trump threatening to block Iranian ports and how would it work?

Threat has left markets in another period of uncertainty, with questions over how the blockade will be enforced

The Guardian - AU · Apr 13

Australian shares drop as US vows new oil blockade

The ASX has dropped 0.39 per cent and oil prices have jumped back above $US100 a barrel after Donald Trump announced a new blockade on the Strait of Hormuz.

AAP · Apr 13

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Would a US blockade of the Strait of Hormuz be legal?

With peace negotiations between the United States and Iran breaking down in Pakistan, the fragile ceasefire is again on the brink of collapse. US President Donald Trump has again upped the war rhetoric, saying the US navy will now blockade the Strait of Hormuz.

The Conversation · Apr 13

Top US Senate Democrats again try for war powers resolution – as it happened

This blog is now closed – our live coverage continues here

The Guardian - AU · Apr 13

A new ad campaign is pushing Australians to use less petrol. Has this happened before?

A new federal government advertising campaign is prompting Australians to reduce their fuel consumption during the current global oil crisis.

The Conversation · Apr 13

Starmer refuses to join Trump’s Hormuz blockade as oil prices expected to rise

As MPs return to Westminster from the Easter recess, a resolution to the Iran war does not appear imminent.

Evening Standard · Apr 12

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Starmer refuses to back Trump’s Strait of Hormuz blockade

The prime minister has spoken out for the first time on the US president’s decision to block the Strait of Hormuz

The Independent UK · Apr 12

Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran's economy and break its grip on the Strait of Hormuz

"CENTCOM forces will not impede freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports."

Fortune · Apr 12

Oil prices surge on Trump's blockade vow, failed U.S.-Iran talks

The surge undoes a large amount of the drop that followed last week's temporary ceasefire deal.

Axios · Apr 12

Oil prices rise after the US says it would block Iranian ports starting Monday

Oil prices are rising in early market trading after the U.S. said it would blockade Iranian ports beginning Monday

The Independent UK · Apr 12

The Latest: US military warns it will blockade Iranian ports after ceasefire talks end

President Donald Trump said the U.S. Navy will swiftly begin a blockade of ships entering or leaving the Strait of Hormuz after U.S.-Iran ceasefire talks in Pakistan ended without an agreement

The Independent UK · Apr 12

Fox News Cuts Off Trump Mid-Rant as He Defends Iran War, Renames Gulf and Shrugs Off Civilisation Threat

Donald Trump's recent Fox News interview covered a range of topics including the US war on Iran, oil prices, and election fraud claims, leaving even his favored network scrambling.

International Business Times UK · Apr 12

Trump Responds to Iranian Blockade of Strait of Hormuz By Blockading It

After walking out of peace talks in Pakistan, the U.S. and Iran are now playing a game of chicken.

Reason · Apr 12

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We Got This Covered · Apr 12

‘Best and ‘sweetest’ oil’: Trump can’t wait for his favorite thing, even if it endangers American-Iran negotiations

Nothing and nobody has received this level of sweet talk.

Axios · Apr 12

Trump pitches Iran blockade as boon to U.S. oil

Trump urged China to buy more U.S. oil.

AAP · Apr 12

Spoils of Iran war to deliver Chalmers a budget boost

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

Fortune · Apr 12

Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’

“It puts economic pressure on Tehran without destroying the oil facilities, which you should want to preserve into the future.”

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Barchart · Apr 12

Iran Ceasefire, Bank Earnings and Other Key Things to Watch this Week

Markets face extraordinary uncertainty following the collapse of lengthy U.S.-Iran diplomatic talks that ended with no deal, as Vice President J.D. Vance confirmed Iranian officials "have chosen not to accept our terms."

Budget and the Bees · Apr 12

Georgia Drivers Are Reporting a Common Car Mistake That Can Lead to $500+ Repairs

If you’ve driven around Georgia lately, you may have heard friends or coworkers complaining about unexpected car repair bills. What’s surprising is that many of these costly fixes stem from the same simple mistake that drivers often overlook. It’s not about reckless driving or major accidents—it’s something far more routine.…

The Times of India · Apr 12

China mapping ocean around India to avert its own Hormuz moment in Strait of Malacca?

At the heart of this push lies a strategic concern long associated with Beijing: securing critical sea lanes, particularly through the Strait of Malacca, and reducing vulnerabilities in the event of a conflict that could threaten its energy and trade lifelines. This vulnerability has a direct bearing on India’s strategic…

The Guardian - UK · Apr 12

Planeloads of negotiators and too little time: US and Iran’s 21 hours of talks

The two sides turned up to test one another’s resolve. It was probably unrealistic to expect a dispute that has taken up years of discussion to be settled in one marathon session

The Guardian - UK · Apr 12

Collapse of US-Iran talks heightens fears of prolonged energy shock

Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the Gulf

MarketBeat · Apr 12

3 Surprising S&P 500 Outperformers of 2026

LyondellBasell, APA Corporation, and Valero Energy rank 11th, 14th, and 25th among the S&P 500's top-performers on the year, while the index sits close to flat.

The Guardian - UK · Apr 12

How to make Southern fried chicken – recipe

Your guilty-pleasure, late-night snack, minus the guilt, in nine easy steps.

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