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The Latest Breaking News from Oil

Minister tight-lipped on Middle East military request

Australia is considering whether to send resources to the Middle East to protect against Iranian attacks, but officials are yet to reveal key details.

AAP

US energy chief says spike in gas prices will fall ‘before too long’ amid Iran war

Chris Wright says price increase would last weeks, not months, and that US would not target Iran’s energy industry

The Guardian - US

Tehran Oil Depots on Fire After Israel Launches First Strike on Iran's Energy Sector

Israeli strikes on Tehran's oil facilities mark a significant escalation in the ongoing conflict, with potential global implications.

International Business Times UK

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Trump's energy chief blames oil price spike on market fear

Gas is up 47 cents a gallon in one week.

Axios

3 quick and easy pasta dinners - including a creamy vodka sauce our food experts swear by

When in doubt, think pasta - these easy recipes use cupboard staples and budget friendly ingredients for hearty dinners everyone will love

Woman & Home

Iran war ‘could bring down global economy’ after warning oil could reach $150 a barrel

The bombing of Iranian oil depots, retaliatory strikes across the Gulf and disruption in the Strait of Hormuz is hiking prices, prompting warnings oil could reach $150 a barrel and a gas shortfall in Britain

The Independent UK

Distant war, a regional shockwave: How Middle East crisis is making life difficult in Bangladesh and Pakistan

Escalating West Asian conflict triggers economic fallout in South Asia, with Bangladesh implementing fuel rationing amid panic buying and Pakistan facing shortages and price hikes. Border trade disruptions in Balochistan exacerbate the crisis, impacting essential commodity supplies and livelihoods.

The Times of India

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Tehran engulfed in thick black smoke after heavy wave of US-Israeli strikes on oil depots

Strikes on oil storage facilities lit up the night sky with plumes of orange flame

The Independent UK

Dark smoke fills Tehran sky after Israeli strikes on oil sites

Tehran’s skyline became blanketed by billows of heavy smoke on Sunday (8 March) following Israeli strikes at oil storage facilities and refineries.

The Independent UK

How to make salt and pepper squid – recipe

A real seafood treat – crisp, savoury, aromatic – ready in less than half an hour and in just a few simple steps

The Guardian - UK

If Oil Is at a Peak, Does Shorting Chevron Puts and Calls Make Sense?

Covered calls at the $200 strike for Chevron stock, 5.3% higher, yields 2.1% in one month. Moreover, the 10% higher CVX call strike price yields 1.0% over one month. It may make sense for investors to short OTM puts and calls.

Barchart

The sci-fi survival game from the creator of DayZ heads to space Skyrim in its latest DLC, accompanied by a free update that adds oil processing and chainsaws

Dangerous Horizons is available now.

PC Gamer

UK must be prepared for a price shock from the Iran war

Governments are having to wake up to the fact they will have to take a closer interest in supply chains for essentials

The Guardian - UK

‘Apocalyptic’ scenes in Tehran: Massive inferno erupts after explosions – video

Israeli airstrikes targeted multiple fuel storage facilities in Tehran and Karaj, causing large fires and explosions. The Israeli military confirmed the strikes, stating the facilities supported Iran's armed forces. In retaliation, Iran's Revolutionary Guards launched a new wave of attacks against Israel, which also reportedly struck ballistic missile sites. At…

The Times of India

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The Guardian - US

White House worries as gas prices jump amid ongoing US-Israel war on Iran

US drivers are largely insulated from higher oil prices caused by Middle East turmoil – but only to a point

The Guardian - UK

Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war

Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thought

Woman & Home

Going grey is the most stylish thing you can do in 2026 - these are the chicest ways celebs are doing it

If you've been looking for a sign to embrace going grey, this is it

The Independent UK

Israel renews assault on Lebanon and targets Tehran’s oil depot in next phase of war

Israeli Prime Minister Benjamin Netanyahu pledged "many surprises" in next phase of war

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Evening Standard

I tried the 9 Korean pantry essentials recommended by a Michelin-starred chef

From gochugaru to toasted sesame oil, Chef Woongchul Park of Sollip reveals his must-have ingredients for mastering Korean cuisine at home

The Independent UK

Huge fire and heavy smoke billows from Tehran fuel depot following Israel strike

Huge flames and thick plumes of smoke were seen rising from an oil refinery in Tehran after the Israel Defense Forces (IDF) reportedly carried out airstrikes on fuel facilities in the capital.

The Independent UK

Israel threatens to kill Iran’s supreme leader as strikes continue

IN FULL

The Guardian - UK

Why an Iran war inflation shock could wreck global economic recovery

Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts

The Independent UK

The Latest: Israel hits Lebanon and Tehran oil depot as desalination plants become targets

Israel is hitting southern Lebanon, Beirut and targets in Iran as the war enters its second week

Radio France Internationale

One week into Iran war, the dangers for the US and Trump multiply

One week into the US-Israeli war against Iran that has plunged the Middle East into turmoil, President Donald Trump faces a growing list of risks and challenges that raise questions about whether he will be able to translate military successes into a clear geopolitical win.

Marie Claire

It’s Taken Nearly 27 Years, but I’ve Finally Perfected My Wavy Hair Routine That Never Fails

My shortcut to hydration, definition and shine

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