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The Latest Breaking News from Oil

Israel launches major strike on Iran: What is the market fallout?

European stocks fell sharply after Israel struck Iranian nuclear sites, fuelling fears of wider conflict. Oil and gold surged on safe-haven demand, while bank shares dropped. Markets are pricing in higher geopolitical and energy supply risks.

Euronews

Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran

Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle East

The Guardian - US

Oil prices soar after Israel launches strikes on Iran’s capital

The price of Brent crude jumped nearly 10% higher at one stage as financial markets also came under pressure, with the FTSE 100 Index down sharply.

Evening Standard

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Oil surges after Israel’s attack on Iran, risking ‘stagflationary shock’ – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

FTSE 100 Live 13 June: Oil prices surge, airline stocks lead index reverse

Oil and defensive stocks today limited the downside for the FTSE 100 index amid a risk averse session for global markets in the wake of Israel’s attack on Iran.

Evening Standard

Brazil to auction oil exploration rights months before hosting Cop30

Sale covering 56,000 square miles to go ahead despite opposition Indigenous and environmental groups

The Guardian - UK

Oil prices surge, Europe’s markets open lower on Israel Iran strikes

Israel launched strikes targeting Iranian nuclear facilities, which killed top officials according to Iranian state media — including Revolutionary Guard chief Hossein Salami.

Euronews

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'Out of touch': Kemi Badenoch calls for oil and gas windfall tax and licence ban end

KEMI Badenoch’s call for an end to the windfall tax for fossil fuel firms and a ban on new oil and gas licences has been branded “out of…

The National (Scotland)

Oil Prices Jump Over 8%: Mukesh Sahdev Warns of a Looming Blockade of the Hormuz Strait

The underlying fear is not only a reduction in Iranian oil supply but also a broader disruption in the Strait of Hormuz, the world's most important passage point for crude oil transportation, which connects the Gulf of Oman with the Persian Gulf and is a vital shipping route for Middle…

International Business Times

Asian shares slide while oil prices surge after Israel's strike on Iran

Asia shares have opened lower while oil prices surged after Israel attacked Iran’s capital early Friday amid tensions over Tehran’s rapidly advancing nuclear program

The Independent UK

New Middle East conflict sends jitters through market

Escalating conflict between Israel and Iran has sent markets lower, prompting fears of a broader Middle East conflict and heightened inflation risks.

AAP

Kemi Badenoch to call for end to energy windfall tax and oil licence ban

The Conservative leader will accuse Labour of “killing” the oil and gas industry

The Independent UK

Badenoch to call for end to oil and gas windfall tax and ban on new licences

She will speak at her first Scottish Conservative conference since taking over as Tory leader.

The Independent UK

‘Don’t Forget the Dusty Filter:' Woman Calls Out Mechanics Who Show the Old Oil After a Change. Here’s the Real Reason For It

A woman has gone viral on TikTok after calling out what she saw as some oddly performative behavior from her local mechanic during a routine oil change. Amanda Rae (@.amanda_rae_) said she recently went in to get her oil changed when the mechanic pulled out the dipstick and showed it…

Motor1

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Barchart

US Tariff Threats Weigh on Crude Oil Prices

July WTI crude oil (CLN25 ) Thursday closed down -0.11 (-0.16%), and July RBOB gasoline (RBN25 ) closed down -0.0239 (-1.10%). Crude oil and gasoline prices on Thursday erased an early rally and turned lower as the latest tariff threats from President Trump sparked long liquidation in energy futures. Crude...

Barchart

If You Can Only Buy 1 Oil Stock in 2025, It Should Be This

Oil’s next breakout is brewing, and this Latin American explorer, standing out with its operational efficiency, could be a dark horse winner in your 2025 portfolio.

Evening Standard

Best pre-styling cream: Top picks to prep hair and combat frizz

With insights from Issey Cook, stylist at Larry King Haircare, explore the top ingredients for nourished, frizz-free hair

Evening Standard

Stocks mixed amid GDP miss and fresh trade worry

The UK economy fell at a faster pace than expected in April, numbers on Thursday showed, as services output slumped.

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The Independent UK

I tried CeraVe’s new foam cleanser – and it’s not what I expected

Spoiler: it’s replaced my long-time favourite

Barchart

Crude Prices Fall Back on US Tariff Threats

July WTI crude oil (CLN25) today is down -0.53 (-0.78%), and July RBOB gasoline (RBN25 ) is down -0.0240 (-1.11%). Crude oil and gasoline prices erased an early rally and turned lower as the latest tariff threats from President Trump sparked long liquidation in energy futures. Crude prices today initially...

Grocery Coupon Guide

10 Common Scenarios Where Bulk Purchasing Leads to Massive Waste

Buying in bulk is often celebrated as a cornerstone of frugal living. Warehouse clubs and bulk aisles promise significant savings on the per-unit cost of groceries and household goods. When done strategically, this can be an effective way to lower expenses. However, bulk purchasing can easily backfire. It can lead…

Homes & Gardens

For flavorful fireside fare, this hearty dish has it all – sweet, savory, sticky, and a little spicy

The ultimate comfort food, this recipe makes the perfect sharing dish for cooler summer evening gatherings

Marie Claire

Dark Spots Are the Bane of My Existence—Which Is Where My Summer Skincare Routine Comes to the Rescue

Clear, glowing skin for the win.

Barchart

Crude Prices Surge on Security Risks in Iraq

July WTI crude oil (CLN25 ) Wednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25 ) closed up +0.0788 (+3.77%). Crude oil and gasoline prices rallied sharply on Wednesday, with crude posting a 2-1/4 month high and gasoline posting a 3-week high. Wednesday's weaker dollar was supportive of energy...

Reason

New Mexico Appeals Court Dismisses Suit Seeking to Compel Greater Environmental Regulation under State Constitution

The appeals court concludes the lawsuit failed to present a claim upon which relief can be granted under state law.

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