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The Latest Breaking News from Oil

Fritters and slow-cooked: Ben Tish’s recipes for cooking with courgettes

This often underrated but hugely versatile vegetable can be cooked in copious delicious ways. Here are two of them

The Guardian - UK

North Sea oil industry urges Burnham to approve new drilling in UK waters

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approval

The Guardian - UK

Fourth Australian interest rate rise more likely if Trump’s Iran conflict not resolved within a week

Economists warn continued airstrikes could push oil prices beyond US$100 a barrel, increasing chance of further RBA rate hike

The Guardian - AU

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Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower

Oil prices are higher and Asian shares have fallen, dragged lower by losses for artificial-intelligence stocks

The Independent UK

Gold prices snap 2-day fall, silver at Rs 2.18 lakh/kg despite rising oil prices, rate hike fears. Key levels to watch today

Gold and silver prices rebounded on MCX on Tuesday, snapping a two-session losing streak, as escalating US-Iran tensions boosted safe-haven demand. Investors are now awaiting the U.S. June CPI data for fresh cues on inflation and the Federal Reserve's interest rate trajectory.

The Economic Times

Why reopening the Strait of Hormuz may demand more than US airstrikes

President Trump seeks to reopen the Strait of Hormuz amid ongoing conflict with Iran. Securing this vital waterway may require tens of thousands of American troops on Iranian soil. Increased U.S. naval presence also carries risks of higher service member losses. Iran's threats alone can deter commercial vessels from using…

The Economic Times

Why it's so difficult for the US to fully reopen the Strait of Hormuz

President Donald Trump has been trying to force Iran to fully reopen the Strait of Hormuz for months

The Independent UK

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Iran-US war latest: Trump threatens to hit civilian targets in Iran as US resumes Strait of Hormuz blockade

The US launched more strikes against Iran and reinstated its naval blockade in the Strait of Hormuz Tuesday

The Independent UK

Trump’s inflation problem isn’t over as Iran tensions drive up oil prices

Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again

The Independent UK

A $2.5 billion FII buying has domestic investors asking: Is foreign money shifting to India?

Foreign investors bought Indian equities in July after significant selling periods. This return follows easing geopolitical concerns and improved global risk sentiment. India's growth story and diversified opportunities attract foreign capital for the long term. Analysts remain cautious, awaiting sustained inflows to confirm a trend. Crude oil prices and US…

The Economic Times

Iran's tankers take secret route through Hormuz to dodge US sanctions

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against US allies, striking UAE oil tankers and killing an Indian sailor. The US announced a reinstated naval blockade of Iranian ports and coastal…

The Economic Times

Sensex falls 500 points, Nifty slips below 24,100 as US-Iran conflict escalates. What lies ahead?

Indian stock markets edged lower on Tuesday, with major indices Sensex and Nifty falling. Escalating Middle East tensions contributed to rising oil prices, impacting investor sentiment negatively. Several prominent companies like HCL Technologies and Bajaj Finance saw significant share price drops. While some sectors like IT and Metal showed marginal…

The Economic Times

Rupee's fall past 96/USD erases rally spurred by dollar inflow measures

The rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in the Middle East deepened, leading to fresh strikes between the US and Iran. Indian equities also faced pressure, with the Nifty 50 index experiencing losses. The…

The Economic Times

US Fifth Fleet targeted in Bahrain, says Iran, in latest exchange of strikes – as it happened

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The Guardian - AU

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The Economic Times

Explained: Venezuela's complex and contested debt puzzle

Venezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and $240 billion. External commercial Eurobond debt totals approximately $60 billion, with accrued interest. Bilateral lending accounts for about $25 billion, including significant amounts to Russia and China. Arbitration claims and…

The Times of India

Middle East crisis: Indian killed, sirens blare across Gulf states as US-Iran trade strikes - top developments

In a significant escalation, two Emirati oil tankers were hit by Iranian cruise missiles in the Strait of Hormuz. Tragically, one Indian national lost their life, while eight crew members suffered injuries during the assault. Calling this act unacceptable, the United Arab Emirates pledged a robust response. Iran defended its…

Pedestrian.tv

Grab Ya Wallets Because Go-To Skincare Just Dropped A Haircare Range & We Can Confirm It’s Good, Real Good

"As a curly hair girl, hair oil can often be my best friend or my worst enemy. In this case, I think we're going to be besties."

The Economic Times

Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged 9.6%, marking its biggest single-day jump since May 2020. Crude prices are now at their highest levels since the…

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Times Life

Most Indian Salons Are Getting Nail Care Wrong: What You Should Be Doing for Your Nail Beds

The Cuticle Problem Every Indian Salon HasWalk into almost any nail salon in Mumbai, Delhi, or Bengaluru and the first thing a technician will do is clip your cuticles. It feels thorough. It looks clean. It is also the single most damaging thing you can do to a nail bed.…

Times Life

What Dry, Peeling Cuticles Reveal About Your Nutrition, Hydration, and Vitamin Deficiency

The Cuticle Is Not Just SkinThe thin strip of skin at the base of each nail is one of the body's most exposed and least buffered tissues. It has no sebaceous glands of its own, so it depends entirely on what you eat and drink to stay intact. A 2019…

The Economic Times

Gold drops to 2-week low as oil surge drives inflation, rate-hike fears

Gold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Christopher Waller's hawkish remarks fueled interest rate hike bets. Investors await U.S. CPI data for inflation and Fed policy clues. European Union sanctions targeted Sudan's gold trade…

The Economic Times

Dollar steady before US inflation data, yen under pressure

The dollar remained steady as traders awaited United States inflation data. Middle East tensions caused oil prices to increase significantly on Monday. The Japanese yen held a soft tone due to intervention concerns and policy comments. Federal Reserve officials indicated potential rate hikes if inflation persists above target. Investors are…

Benzinga

Trump Tells Congress Iran War Has Resumed, Launches Fresh US Strikes; Brent Oil Tops $85 as Dow Futures Fall 143 Points

President Donald Trump formally notified Congress that hostilities with Iran resumed earlier this month as U.S. forces carried out another round of strikes, sending oil prices higher and weighing on global markets.

The Economic Times

Iraq PM to meet Trump in Washington under pressure over Iran ties

Iraqi Prime Minister Ali al-Zaidi will meet US President Donald Trump in Washington on Tuesday, as the US administration piles pressure on Baghdad to curb Iranian influence. Washington had suspended the payments earlier this year as it pressured Baghdad to disarm the pro-Iran armed groups.

The Economic Times

Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz

Oil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran. Two United Arab Emirates tankers were struck by Iranian missiles. The United States conducted strikes against Iran for a third night. Houthi rebels fired missiles at Saudi Arabia after accusing them.

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