The Latest Breaking News from Oil

Trump told G7 leaders Iran was ready to surrender. Iran’s new supreme leader has a very different message

This ain’t going as he had hoped.

We Got This Covered · Mar 13

Dollar Rallies as Surging Oil Prices Spark Inflation Fears

The dollar index (DXY00 ) rallied to a 9.5-month high on Friday and finished up +0.65%. The dollar rallied on Friday as the war in Iran shows no signs of easing, threatening to keep crude oil prices elevated and prompting the Fed to hold off on cutting interest rates. Higher...

Barchart · Mar 13

Romans used human feces as medicine: 1,900-year-old vial from Turkey reveals shocking treatment

A 1,900-year-old Roman glass bottle from Turkey has yielded direct chemical proof of ancient physicians using human feces as medicine. Scientists identified human excrement mixed with thyme oil, matching descriptions by the famed physician Galen. This discovery confirms ancient medical texts and offers a rare glimpse into Roman healing practices,…

The Times of India · Mar 13

Rachel Reeves to set out extra support for UK households facing surge in heating oil costs

Exclusive: Chancellor plans help for vulnerable and low-income customers due to conflict in Middle East

The Guardian - UK · Mar 13

UK food prices could spike as fertiliser supplies at risk due to Iran war

National Farmers Union warns against farmers 'becoming collateral damage' in Trump's war on Iran

The Independent UK · Mar 13

‘Breathing in cold air will kill my husband – but we can’t afford heating oil’

Gail Thompson has said she is deeply concerned about the hikes in the price of heating oil, which could make it hard for her husband to breathe in their Kent home

The Independent UK · Mar 13

Oil prices hit $103 per barrel despite Trump easing some Russian sanctions

Analysts estimate about 125 million barrels of Russian oil are currently being shipped

The Independent UK · Mar 13

Kharg Island, the fragile oil lifeline behind Iran’s war economy

A small island in the Gulf has become a flashpoint in the widening war involving Iran, the United States and Israel. Kharg Island handles almost all of Iran’s oil exports – making it a vital economic lifeline for Tehran.

Radio France Internationale · Mar 13

FTSE 100 falls as Strait of Hormuz uncertainty continues

The FTSE 100 Index closed down 44 points at 10,261.15.

Evening Standard · Mar 13

How Trump’s bid to cut oil prices will fill Russia’s war chest with billions

ANALYSIS: Russia is set to earn up to two-thirds more a month from its oil and gas revenue than it did in February, experts say, potentially wiping out months of losses in a matter of weeks. Stuti Mishra reports

The Independent UK · Mar 13