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The Latest Breaking News from Oil

FTSE 100 Live 17 June: Index in red as oil price rises, date set for Direct Line deal

Donald Trump’s sudden exit from the G7 summit put markets on edge today as the FTSE 100 index fell back and oil prices resumed their ascent.

Evening Standard

‘Tough test…Delhi can’t be isolated from Global South sentiment’: Editorials on Israel-Iran conflict

A dangerous new phase of hostilities has erupted between Iran and Israel, drawing international concern amid fears of a wider regional war. Beyond the immediate devastation, the conflict has also sparked global alarm over its potential to destabilise critical energy corridors.

Newslaundry

Oil prices rise and US futures fall as Israel urges residents of Iran's capital to evacuate

Oil prices have resumed their upward climb and U.S. futures are lower after Israel's military issued an evacuation warning to 330,000 people in Iran's capital Tehran

The Independent UK

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Jim Chalmers faces ‘captain’s call’ over Abu Dhabi bid for Australian oil and gas giant Santos

Board expresses support for offer but deal depends on regulatory approvals and treasurer’s tick-off

The Guardian - AU

Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

Evening Standard

Oil Prices Jump After Trump's Warning, Stocks Extend Gains

Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.

International Business Times

Australian shares edge lower amid Mideast conflict

Ongoing conflict between Israel and Iran continues to worry investors after US President Donald Trump called for people in Tehran to evacuate.

AAP

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Supreme Court to hear appeal from Chevron in landmark Louisiana coastal damage lawsuits

The Supreme Court will hear an appeal from Chevron, Exxon and other oil and gas companies that lawsuits seeking compensation for coastal land loss and environmental degradation in Louisiana should be heard in federal court

The Independent UK

I’ve switched to a plant-based electric toothbrush and will never look back

The Suri brush uses corn starch and castor oil in its recyclable brush heads

The Independent UK

Stocks Settle Higher on Possible De-Escalation of Israel-Iran War

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.94%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.42%. June E-mini S&P futures (ESM25 ) are up +1.00%, and June E-mini Nasdaq futures...

Barchart

Here's why oil markets are relatively muted from the Israel-Iran conflict

The biggest key is that Israel has yet to touch Iran's oil-exporting facilities.

Fortune

Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

Jeff Buchbinder, chief equity strategist for LPL Financial, says the U.S. market is holding up well.

Fortune

Crude Prices Turn Lower as Iran Seeks to End Hostilities

July WTI crude oil (CLN25 ) Monday closed down -1.21 (-1.66%), and July RBOB gasoline (RBN25 ) closed down -0.0077 (-0.35%). Crude oil prices surged by +5% initially on Sunday night as the Israel-Iran conflict entered its fourth day. However, crude prices gave up their advance and fell sharply on...

Barchart

Grain Market Bulls Look to Extend Friday’s Rallies, but Speed Bumps Are Ahead

Potential weather scares and boiling geopolitical tensions face off against bullish technicals in grains.

Barchart

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The Guardian - UK

Donald Trump repeats call for Russia to be readmitted at G7 summit in Canada

US president said Ukraine war would not have happened if Moscow had not been thrown out in 2014 over Crimea

Barchart

Kosmos Energy (KOS) Gets a Boost Amid Crude Surge and Unusual Options Activity

As geopolitical tensions drive oil higher, KOS stock sees increased options volume and a rare market sequence pointing to a potential upside move.

AAP

'You worry': fears in Iranian community after bombing

Iranians in Australia say there is growing community fear over the safety of family members caught up in escalating violence in the Middle East.

The Independent UK

I’m a beauty writer and these are the SPFs I’m taking to Greece (with 30% off)

The scent alone is enough to make you reach for these skincare saviours

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Barchart

Crude Prices Retreat as Iran Seeks to End Hostilities

July WTI crude oil (CLN25 ) today is down -2.42 (-3.32%), and July RBOB gasoline (RBN25 ) is down -0.0238 (-1.07%). Crude oil prices surged by +5% initially on Sunday night as the Israel-Iran conflict entered its fourth day. However, crude prices gave up their advance and fell sharply on...

Barchart

Stocks Rally as Iran Signals it Wants an End to Hostilities

The S&P 500 Index ($SPX ) (SPY ) is up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.49%. June E-mini S&P futures (ESM25 ) are up +1.11%, and June E-mini Nasdaq futures (NQM25...

The Guardian - AU

Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia

Interest rate cuts still likely, experts say, but oil and gold prices are up and the share market is likely to remain volatile

Barchart

Stocks Rebound on Hopes Israel-Iran Conflict Will be Contained

The S&P 500 Index ($SPX ) (SPY ) is up +0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM25 ) are up +0.91%, and June E-mini Nasdaq futures (NQM25...

The Guardian - UK

Iran and Israel crisis: what does it mean for the price of oil?

Banks and forecasters say price trajectory will depend on how far the military and humanitarian crisis escalates

Al Jazeera

What would an Israel-Iran war mean for the global economy?

As attacks between Israel and Iran persist, the global economy could face an adverse shock if tensions aren’t contained.

RideApart

Be Careful, Honda Riders, There's a Big Recall On 3 Models Right Now

American Honda is recalling some 2025 Africa Twin 1100s, Rebel 1100s, and XL750 Transalps due to a bolt manufacturing issue that could leak oil onto the rear tire.

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