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The Latest Breaking News from Oil

Breaking Live 5 publishers covering this story in the last 6 hours

28m ago Allies unite behind Saudi Arabia as Houthis step up attacks
45m ago Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?
52m ago Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilities
1h ago Global Market Today: Asian shares slide as bond selloff fuels rate fears
3h ago Saudi reports fresh Houthi attacks as France pledges to defend key oil port

How oil traders bet millions just minutes before Trump’s Iran ‘peace talks’ post

IN FULL

The Independent UK · Mar 25

Larry Fink says the Iran war ends in one of two extremes: Abundance, growth, and oil at $40 a barrel, or a global recession and years of oil at $150

“I could paint a scenario where I could see, a year from now, oil at $40 a barrel; I could see it above $150—we have two very extreme outcomes,” Fink told the BBC this morning.

Fortune · Mar 25

US deploys 2,000 paratroopers from ‘Immediate Response Force’ to Middle East amid escalation: Report

Around 2,000 elite paratroopers are heading to the Middle East, bolstering US military options as President Trump explores diplomatic avenues with Iran. This deployment, alongside thousands of Marines, signals a significant escalation. The troops could be positioned for operations near Iran's oil hub, Kharg Island, or to secure vital shipping…

The Times of India · Mar 25

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Asia braces for ‘Covid-like’ crisis as impacts from Iran war fuel shortage widen

Petrol stations run dry as countries take measures to reserve energy amid uncertainty over ongoing Middle East crisis

The Independent UK · Mar 25

Why is UK inflation steady and how will the Iran war affect it?

February’s inflation rate of 3% means if an item cost £100 a year ago, it would now cost £103.

Evening Standard · Mar 25

S&P/ASX 200 Rebounds Sharply, Gaining Nearly 2% as Miners Rally Amid Easing US-Iran War Tensions

The S&P/ASX 200 index surged more than 1.8% on Wednesday, closing at approximately 8,538 points after climbing as high as 8,564, as investors welcomed signs of de-escalation in the US-Iran conflict and a strong rebound in mining and energy stocks.

International Business Times · Mar 25

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

The Guardian - US · Mar 25

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Marie Claire · Mar 25

Hungary will cut natural gas supplies to Ukraine until Russian oil deliveries resume

Hungary will cut off gas supplies to Ukraine to pressure Kyiv to restore Russian oil flows through the Druzhba pipeline

The Independent UK · Mar 25

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

The Guardian - UK · Mar 25

Michaelina Wautier review: Intensely pleasurable look at neglected female artist

5/5 This almost unknown mid-seventeenth century Flemish artist can stand alongside the greats

Evening Standard · Mar 25

Top central banker thinks businesses may be quicker to raise prices due to Iran war

Businesses might be quicker to raise prices in response to the Iran war due to bitter memories of the energy price inflation that broke out after Russia invaded Ukraine

The Independent UK · Mar 25

There are no missiles raining down on Havana. But what I saw there was still warfare

Trump’s oil blockade is starving the island of vital resources. His brute force isn’t making America great again – it’s breeding resentment across the globe, says Guardian columnist Owen Jones

The Guardian - UK · Mar 25

Soaring oil prices spark fear of global recession

Fears of a global recession have emerged due to soaring prices, exacerbated by the conflict in the Middle East. Larry Fink, CEO of BlackRock, has predicted a global recession if oil prices reach $150 a barrel, citing "profound implications" should Iran remain a threat. UK Chancellor Rachel Reeves warned that…

The Independent UK · Mar 25

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The Independent UK · Mar 25

Iran oil insider trader concern after hundreds of millions are wagered minutes before Trump’s ‘peace talks’ post

Surge in global betting on energy markets seen on Monday morning 15 minutes prior to President Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran

The Independent UK · Mar 25

Cyprus to ‘seek new security deal’ for UK military bases following strike on RAF Akrotiri

Cypriot president has called for ‘open and frank’ discussions over future of UK bases on the island

International Business Times UK · Mar 25

Strait of Hormuz Shock: Trump Reveals Iran's 'Huge Gift' as US-Iran Tensions Spike

Trump says Iran sent a major oil and gas 'gift' tied to the strategic Strait of Hormuz as tensions with Tehran surge and diplomacy heats up

Evening Standard · Mar 25

Oil prices fall back and global stocks rally amid hopes of Iran war ceasefire

Brent crude fell back below 100 US dollars a barrel, down 6% at 98.23 dollars in morning trading on Wednesday, while UK natural gas prices tumbled 8%.

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The Guardian - UK · Mar 25

Stocks rise and oil dips on hopes of 15-point Iran peace plan

Markets in Asia, Europe and US move higher after Iran says it will permit ‘non-hostile’ ships through strait of Hormuz

Euronews · Mar 25

Markets rally, oil prices fall as Trump signals Iran talks

Oil prices fell more than 4% and European shares gained on Wednesday on the possibility of a de-escalation in the Iran war.

Fortune · Mar 25

Goldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge

Goldman said it expected six weeks of Hormuz disruption, with Brent crude averaging $105 per barrel in March and $115 in April before retreating to $80.

Radio France Internationale · Mar 25

Inflation in France jumps as Iran war hits growth and spending

France is heading for a sharp rise in inflation this spring as soaring oil prices linked to the conflict in Iran erode household purchasing power, with growth expected to slow in early 2026, the national statistics agency said.

The Independent UK · Mar 25

What we know about Trump’s 15-point plan to end the Iran war

Iran announced on Wednesday it has received a proposal to end the war from the US via Pakistan

Euronews · Mar 25

In Orbán's 'unacceptable' veto, António Costa finds his biggest challenge yet

With his "unacceptable" veto on the €90 billion loan to Ukraine, Viktor Orbán is not only defying his fellow leaders. He is also directly challenging António Costa's authority and credibility as European Council president.

Fortune · Mar 25

Europe has survived 3 energy shocks in 4 years. The only way out is to stop buying power from its enemies

Oil above $100. Gas prices up 70%. Every crisis has a different trigger—and the same vulnerability. Europe must become the world's first Electro-Continent.

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