The Latest Breaking News from Oil

Stocks Climb on Hopes of US-Iran Diplomacy

The S&P 500 Index ($SPX ) (SPY ) today is up +0.83%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.06%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...

Barchart · Mar 25

Oil Prices Crash: Brent Crude Drops Below $100 As Trump Teases 'Bombshell' Iran Peace Deal

Brent crude briefly slipped below $100 a barrel after Donald Trump claimed a 'bombshell' peace deal with Iran was within reach and Tehran signalled limited safe passage through the Strait of Hormuz.

International Business Times UK · Mar 25

UK Eyes Hosting 'International Summit' to Reopen Strait of Hormuz Amid Ongoing Oil Crisis

The UK is planning an international summit to address the closure of the Strait of Hormuz, a critical oil passage, amid escalating tensions between Iran and a US-Israeli alliance.

International Business Times UK · Mar 25

Hormuz is a trailer. Malacca is China’s real nightmare — and India knows it

The Strait of Hormuz crisis highlights global maritime vulnerabilities. For China, the Strait of Malacca presents a similar, long-term strategic risk. India's Andaman and Nicobar Islands offer proximity and surveillance capabilities, providing significant leverage. This geographical advantage allows India to create uncertainty and pressure, impacting China's vital trade and energy…

The Times of India · Mar 25

Australians can expect high fuel costs to linger for far longer than the war in Iran

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis

The Guardian - AU · Mar 25

‘Crazy not to’: soaring fuel prices send more Australians into U-turn towards electric cars

Sales of EVs and hybrids have increased in Australia ever since the US-Israel war on Iran sent oil prices soaring and raised the prospect that fuel could be rationed

The Guardian - AU · Mar 25

The Last Time Oil Prices Spiked, It Took Just 60 Days for the Stock Market to Crash. The Clock Is Ticking Now

Oil prices often represent the beginning of an economic downturn. Will history repeat itself?

Barchart · Mar 25

Iran war energy shock puts ECB on alert — Lagarde says this is no repeat of 2022

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

Euronews · Mar 25

What we know and do not know about the Iran war negotiations

Trump touts progress in secret Iran talks as missile strikes, US troop buildups and threats over the Strait of Hormuz fuel fears of a wider regional war: here is what we know so far.

Euronews · Mar 25

Analysts Warn Certain Food Categories Could See Spring Volatility

Budgeting for groceries is easier when prices are predictable. Unfortunately, the spring agricultural season is bringing fresh uncertainty to the supermarket. Commodity analysts are closely monitoring global weather patterns and domestic supply chains. The data indicates that several specific food categories are facing severe disruptions. These disruptions will cause sudden…

Grocery Coupon Guide · Mar 25