The Latest Breaking News from Oil

I’m an Economist: 5 Ways the Iran War Could Impact Your Retirement Savings

Rising Iran tensions could further impact markets, oil prices and inflation -- putting 401(k)s, IRAs and retirement savings at risk in unexpected ways.

GOBankingRates · Mar 12

Iran conflict creating ‘largest oil supply disruption in history’, says IEA

It came as oil prices lifted higher again on Thursday as Iran continued to strike key energy and shipping infrastructure in the Middle East.

Evening Standard · Mar 12

Explosive boats set fuel tankers ablaze in Gulf as Iran ramps up threats on global shipping

Iran continues to claim attacks on commercial ships and lay mines in an effort to squeeze international energy markets

The Independent UK · Mar 12

Save our soles! Cobblers on the 15 best ways to look after your shoes

Rotate your trainers, oil your leather footwear and use toe protectors – and whatever you do, don’t chuck your shoes in the washing machine

The Guardian - UK · Mar 12

Stocks Slip Before the Open as Middle East Conflict Lifts Oil, U.S. Economic Data on Tap

March S&P 500 E-Mini futures (ESH26) are down -0.62%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.61% this morning as the escalating Middle East conflict pushes oil prices higher and weighs on risk appetite.

Barchart · Mar 12

Zelenskyy says Ukraine awaits White House sign-off on US drone production deal

Ukrainian President Volodymyr Zelenskyy says he is awaiting White House approval for a major drone production agreement proposed by Kyiv last year

The Independent UK · Mar 12

Shell CEO’s pay jumps 60% despite slump in profits at oil company

Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025

The Guardian - UK · Mar 12

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

MyLifeXP · Mar 12

Iran escalation risks 'stagflation shock' for Europe, Commissioner Dombrovskis tells Euronews

EU economy chief says intensity and duration of the Iran war will define fallout of the crisis on Europe as global coalition agrees to the biggest release of oil reserves in history to stabilise energy market.

Euronews · Mar 12

Israel and the US are fighting Iran together. Are they on the same page though?

The differences between what Trump and Netanyahu want out of this war are starting to show and complicating how it will end

The Guardian - US · Mar 12