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The Latest Breaking News from Oil

Breaking Live 7 publishers covering this story in the last 6 hours

30m ago Oil at $100 Again: What the Iran Talks, the Houthis and a Saudi Pipeline Mean for Prices
1h ago Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisis
1h ago India bonds pummelled after Treasury rout, traders raise rate hike bets
1h ago China-Iran arms supply exposed: Report details dual-use air bridge; Washington debates pushback
1h ago Germany to abandon fossil fuels by 2045. How does the rest of Europe compare?

Key Saudi Pipeline To Red Sea Hit By Iranian Drone Attack Despite U.S.-Iran Ceasefire Announcement

A key Saudi pipeline taking oil to the Red Sea was hit by a drone attack on Wednesday, hours after a regional ceasefire between the U.S. and Iran was announced, according to a new report.

International Business Times · Apr 8

Takeaways from AP’s story on how oil drilling is fueling a migrant surge in Brazil's Amazon

Exploratory oil drilling off the coast of Brazil’s Amazon rainforest is reshaping life in Oiapoque, a small city in the poor state of Amapa that is receiving thousand of migrants looking for work

The Independent UK · Apr 8

'I'm going there.' Oil drilling fuels a migrant surge in isolated city in Brazil's Amazon

Exploratory oil drilling off the coast of Brazil's Amazon rainforest are reshaping life in Oiapoque, a small city in the poor state of Amapa that is receiving thousand of migrants looking for work

The Independent UK · Apr 8

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Reform calls for ‘every last drop’ of oil and gas to be extracted in UK

Energy spokesperson Richard Tice made the call at a press conference in Aberdeen.

Evening Standard · Apr 8

Current price of oil as of April 8, 2026

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

Fortune · Apr 8

Iran ceasefire has brought a sudden fall in oil prices – but this pause underscores the volatility in the market

Before the temporary ceasefire in the Gulf, the world had been experiencing the biggest oil price shock ever, surpassing even the crises of the 1970s. The scale and speed of movements were comparable to some of the most disruptive episodes in modern energy markets.

The Conversation · Apr 8

Corn Facing Pressure to Start Wednesday as Oil Collapses

Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week...

Barchart · Apr 8

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Cotton Falling in Early Wednesday Trade

Cotton price action is down 24 to 48 points on Wednesday morning. Futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil is down $19.46 so far this morning following a 2-week ceasefire between Iran and...

Barchart · Apr 8

Airfares Surge More Than 200% in Weeks as Iran War Drives Global Price Shock

Airfares on some international routes have surged by more than 200% in the past month as the war in Iran sends jet fuel prices soaring and forces airlines worldwide to pass costs directly to travelers.

Latin Times · Apr 8

Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly

World oil prices tumbled sharply Wednesday after President Donald Trump announced a framework ceasefire between the United States, Israel and Iran, easing fears of prolonged disruption to crude flows through the Strait of Hormuz and sending Brent crude futures plunging more than 13% in early trading.

International Business Times · Apr 8

Dow Futures Surge Over 1,000 Points as Oil Tumbles on Trump Iran Ceasefire

U.S. stock futures soared early Wednesday while oil prices plunged after President Donald Trump announced a two-week ceasefire with Iran, contingent on Tehran allowing the safe reopening of the Strait of Hormuz, triggering a sharp relief rally across global markets and easing fears of prolonged energy disruptions from the five-week…

International Business Times · Apr 8

Global energy system will be ‘profoundly transformed’ by Iran war, watchdog says

International Energy Agency chief says current shock driven by Iran’s blockade of Strait of Hormuz will accelerate shift towards renewable and nuclear power

The Independent UK · Apr 8

Is Strait of Hormuz Open Now? Strait of Hormuz Partially Reopens Under Fragile US-Iran Ceasefire

The Strait of Hormuz, the narrow chokepoint that carries roughly one-fifth of the world's oil and liquefied natural gas, is no longer fully closed but remains heavily restricted as a two-week ceasefire between the United States and Iran took effect Tuesday, allowing selective "safe passage" for approved vessels while thousands…

International Business Times · Apr 8

Iran Ceasefire: Will Petrol Prices Finally Return To Normal This Week?

A fragile Iran ceasefire has reopened the Strait of Hormuz, driving oil prices down and raising hopes UK petrol costs may fall, but uncertainty lingers over whether relief will reach drivers.

International Business Times UK · Apr 8

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Times Pets · Apr 8

Complete Guide to Pomeranian Dog Health Care and Coat Care for a Happy, Fluffy Companion

The Pomeranian is a tiny, fluffy dog breed that is well-known for its lovely double coat and energetic disposition. Maintaining the health of its coat is crucial for both appearance and general wellbeing. Maintaining a healthy, vitamin-rich diet is crucial for keeping fur soft, glossy, and free of common skin…

The Conversation · Apr 8

Canada and Mexico must work together to help Cuba survive its dire humanitarian crisis

The people of Cuba are facing an unprecedented humanitarian crisis due to the United States government’s energy blockade of the island nation. Although a Russian oil tanker recently passed through the blockade to deliver much-needed fuel, daily life remains precarious for ordinary Cubans, who are facing unemployment and shortages of…

MusicRadar · Apr 8

"There isn't one correct answer": 6 things you need you need know about how to clean and condition your guitar fretboard

A string change is the ideal opportunity to get your 'board back to its best

International Business Times UK · Apr 8

US Stock Futures Surge as Trump Announces Iran Ceasefire; Oil Prices Plummet, Gold Soars

US stock futures rise while oil prices crashed as President Trump announced a two-week ceasefire with Iran, easing global investor concerns about the ongoing energy crisis.

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The Independent UK · Apr 8

JD Vance claims Britons pay too much for gas and electricity – after US started war that sent prices skyrocketing

US vice president claims middle-class Britons ‘can’t afford to transport themselves to work’

The Times of India · Apr 8

From obliterate to ceasefire: How Trump's Iran war strategy shifted hour by hour

A 39-day US-Israel war with Iran has entered a two-week ceasefire after escalating rapidly, causing thousands of deaths and widespread displacement. The conflict, initiated by coordinated strikes on Iranian leadership, expanded to disrupt global energy markets and shipping routes. President Trump's objectives and timelines shifted throughout the war, culminating in…

International Business Times UK · Apr 8

Iran-US Ceasefire Holds as UK PM Travels to Middle East for Urgent Talks

UK Prime Minister Keir Starmer visits the Middle East to support a ceasefire between the US and Iran, aiming for a long-term resolution and stability in energy markets.

The Independent UK · Apr 8

Experts reveal the causes of dry hair and the best products to combat it

I asked leading stylists and trichologists for their top tips and recommendations

Barchart · Apr 8

S&P Futures Soar as Oil Prices Plummet on U.S.-Iran Ceasefire, FOMC Minutes on Tap

June S&P 500 E-Mini futures (ESM26) are trending up +2.82% this morning as oil prices fell the most in years after the U.S. and Iran agreed to a two-week ceasefire, boosting investors’ appetite for risk.

Evening Standard · Apr 8

Donald Trump 'blinks and achieves no US aims' but claims complete victory on Iran

‘Strategically, Iran comes out stronger,’ says former UK National Security Adviser Lord Ricketts

International Business Times UK · Apr 8

Iran Ceasefire Won't Save Israel from Hezbollah as Netanyahu Clarifies Lebanon Is Not Included in Deal

Netanyahu backs Trump's Iran ceasefire, excluding Lebanon, impacting Hezbollah and oil markets. Israel demands Iran open the straits and halt attacks, as conflict death toll exceeds 3,600.

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