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The Latest Breaking News from Oil

Iran-US war latest: Trump calls off strikes as ‘final points’ of peace deal agreed – but Tehran says otherwise

A formal announcement will be unveiled ‘shortly,’ the Republican president said

The Independent UK

Iran says ceasefire now 'practically meaningless' after US strikes

After a second day of exchange of fire between the US and Iran, Tehran further said the Strait of Hormuz was now shut to all shipping, a claim CENTCOM denied.

Euronews

Petrol, Diesel price today changed amid excise duty relief on ethanol-blended fuel? Check latest rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel price today: Fuel prices remained stable across major Indian cities on June 11, 2026, despite the Centre's excise duty exemption on higher ethanol-blended petrol. This relief targets specific E22-E30 blends, not regular petrol, aiming to boost biofuel adoption and reduce crude oil imports. Consumers will not see immediate…

The Economic Times

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Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losers

Indian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked investors. Broader markets also saw losses, with IT and other sectoral indices leading the downturn. Oil prices initially surged but later erased gains. The rupee weakened against the US dollar.…

The Economic Times

AAP Rolling News Bulletin June 11, 1400

AAP Rolling News Bulletin for June 11 at 1400

AAP

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closure

Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after tensions between the United States and Iran increased. Traders reacted to reports about the Strait of Hormuz closure, military action, lower crude inventories, and…

The Economic Times

US launches new strikes on Iran, which fires back at Gulf states and Jordan

The United States launched a second round of airstrikes on Iran and Iran has fired back at Gulf States after President Donald Trump warned that Tehran would "pay the price" for stalled negotiations

AAP

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AAP Rolling News Bulletin June 11, 1330

AAP Rolling News Bulletin for June 11 at 1330

AAP

US launches new strikes on Iran, which fires back at Gulf states

The United States launched a second round of airstrikes on Iran and Iran has fired back at Gulf States after President Donald Trump warned that Tehran would "pay the price" for stalled negotiations

AAP

AAP Rolling News Bulletin June 11, 1300

AAP Rolling News Bulletin for June 11 at 1300

AAP

FED:Shares dip, oil lifts as the US and Iran trade strikes

Oil prices have bounced following renewed fighting between the US and Iran in the most significant escalation of tensions since a ceasefire was struck in April.

AAP

Shares creep lower as BHP rebounds, Iran worries remain

A resumption of attacks between the US and Iran have put upward pressure on oil prices, dampening risk sentiment as investors weigh an extended energy shock.

AAP

Asian shares slip after another sell-off of AI stocks on Wall St, while oil prices rise

Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower

The Independent UK

US strikes Iran in second day of renewed fire

The U.S. military's Central Command says launched more strikes on Iran after U.S. President Donald Trump warned that Tehran would "pay the price" for stalled negotiations

AAP

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The Economic Times

Gold hits over 6-month low on rate-hike concerns amid Mideast conflict

Gold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with strong U.S. consumer inflation data, reinforces expectations of higher-for-longer interest rates, weighing on the non-yielding metal. Markets await further U.S. economic data for insights into the Federal Reserve's monetary…

The Economic Times

Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. strikes. Iran warned of attacks on any vessels attempting passage, though the U.S. military stated commercial shipping continued unimpeded. The closure threatens to disrupt global oil flows,…

AAP

US military says it's striking multiple targets in Iran in second day of renewed fire

The U.S. military's Central Command says it "completed" its latest round of airstrikes targeting Iran

The Guardian - AU

Ukraine war briefing: Flamingo missiles hit more far-flung Russian targets

Military factory in Cheboksary lies 900km from frontline; Zelenskyy inaugurates ‘Day of the Unmanned Systems Forces’. What we know on day 1,569

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The Economic Times

Gift Nifty signals a negative start; here's the trading setup for the day

Nifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stabilizing, with hopes for a resolution to the Israel-Iran conflict improving confidence. However, Gift Nifty signals a negative start, and oil prices climbed amid escalating tensions in the Strait of Hormuz.

The Economic Times

Asian stocks fall, oil gains as US strikes Iran

US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in tech stocks, rattled Asian equities and Wall Street futures. Investors remain cautious, anticipating potential inflationary pressures and higher interest rates despite a softer US inflation…

AAP

US military says it's striking 'multiple targets' in Iran in second day of renewed fire

Bahrain sounded its missile alert sirens early Thursday morning after Iran threatened to retaliate over a new round of U.S. airstrikes targeting the Islamic Republic

The Economic Times

US launches new strikes after Trump threatens to attack Iran 'very hard'

The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless Tehran quickly agrees to a peace deal. The strikes targeted Iranian air defence and radar sites near the Strait of Hormuz after a US helicopter was downed…

France 24

Trump says canceling Iran strikes on Thursday

This liveblog is no longer being updated.

The Times of India

Iran closes Strait of Hormuz after fresh US strikes; IRGC clashes with American forces, says report

Iran announced the closure of the Strait of Hormuz on Thursday after the United States launched a new wave of strikes on targets inside the country. Iran's top joint military command said the strategically important waterway was closed to all traffic, including oil tankers and commercial vessels, and warned that…

Bangkok Post

Thailand's misleading growth story

Thailand's quarterly GDP growth rate was 1.2% in the third quarter of 2025, rising to 2.5% in the fourth quarter and further to 2.8% in the first quarter of 2026, according to the National Economic and Social Development Council (NESDC).

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