The Latest Breaking News from Oil

Scientists find way to make a healthier and ‘oozier’ version of vegan cheese

The team achieved the feat using a process called oleogelation

The Independent UK · Apr 5

The Market Isn’t Pricing War. It’s Pricing What Comes After

Markets aren’t reacting to war; they’re repricing what the war forces to break.

Barchart · Apr 5

Iran War, Inflation Reading and Key Things to Watch this Week

Markets enter a critical week following Friday's Good Friday employment report that will be digested through Sunday evening futures reactions, while focus shifts to a busy economic data schedule culminating in dual inflation readings—Thursday's February Core PCE Price Index and Friday's March CPI both at 8:30am.

Barchart · Apr 5

Sweden releases sanctioned tanker due to lack of evidence it caused oil spill

Swedish authorities have released a tanker sanctioned by the EU that was detained on suspicion of causing an oil spill in the Baltic Sea

The Independent UK · Apr 5

Rice’s whales existed before humans. Now Trump could make them extinct

The US has invoked national security to remove protections for the endangered cetacean, of which only about 50 are left

The Guardian - US · Apr 5

‘It’s shocking how poorly prepared the administration is’: DOGE gutted major energy personnel who warn the U.S. has lost key insights amid Iran war

Last year, the Trump administration eliminated the Bureau of Energy Resources, which maintained close relationships with private sector oil companies and foreign energy ministries.

Fortune · Apr 5

Russia downs Ukrainian drones; debris damage oil pipeline near Baltic port

Russian air defenses intercepted 19 Ukrainian drones over the Leningrad region, with debris damaging an oil pipeline near Primorsk. This incident highlights Ukraine's increasing strikes on Russian energy assets amid stepped-up Russian offensives in eastern and southern Ukraine. Kyiv, facing resource limitations and air defense shortages, seeks new partnerships for…

The Times of India · Apr 5

Zelenskyy warns US-Iran war could divert critical aid from Ukraine

President Zelenskyy has warned that a prolonged US-Israeli war with Iran is threatening the supply of vital Patriot missiles and boosting Russia’s economy through surging oil prices.

Euronews · Apr 5

Iran claims to shoot down second F-35 – the most advanced fighter jet America has, says the pilot didn’t make it out

CENTCOM didn’t confirm this.

We Got This Covered · Apr 5

Iran-US war latest: Trump vows to decimate Iran as deadline approaches and says he’s ‘not worried’ about war crimes

US president says he is ‘not at all’ concerned about war crimes as he threatens the destruction of Iran’s key infrastructure by Tuesday

The Independent UK · Apr 5