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The Latest Breaking News from Oil

10 Clues Your Mechanic Might Be Lying to You

You bring your car in for a routine oil change and somehow leave with a $1,200 bill. Sound familiar? If so, you’re not alone. Auto shops thrive on the fact that most drivers don’t fully understand what’s going on under the hood. And while many mechanics are honest, there’s a…

Clever Dude

Starmer tightens screws on Putin as he announces raft of fresh sanctions against Russia

Keir Starmer said his sanctions would choke off Putin’s ability to continue his war

The Independent UK

US action against Iran would fuel 'broader conflict' in the Middle East, Kallas warns

Kaja Kallas has spoken against the idea of the United States direct involvement in the military escalation between Israel and Iran.

Euronews

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Ouai’s haircare products deliver ‘unrivalled shine’ – and my favourites are reduced

From the detox shampoo to the hair oil, I tested the brand’s bestsellers

The Independent UK

Global Oil Demand To Dip In 2030, First Drop Since Covid: IEA

Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday.

International Business Times

What’s the secret to really crisp tofu?

Give it a squish to remove the moisture, then hard-fry in a robust coating – these are among the solutions our expert culinary panel suggests to achieving addictively crisp tofu

The Guardian - UK

Gloomy trading in the European markets as oil keeps climbing

Shares slide and crude oil prices bounce higher as Israel warns people in Iran's capital to evacuate.

Euronews

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Stocks are having a good war but the dollar is not

Here’s a snapshot of the action this morning prior to the opening bell in New York.

Fortune

German economic morale soars in June: 'Confidence is picking up'

Germany’s economic sentiment soared to 47.5 in June, its highest since March, driven by stronger demand and policy support. But European stocks fell as Israel-Iran tensions escalated, oil prices rose, and investors awaited the Fed’s policy decision.

Euronews

What impact could the Iran-Israel conflict have on the African continent?

The Middle East is bracing for another protracted conflict after Israel's surprise bombardment on Friday of Iranian nuclear and military sites killed several of the country's top generals and nuclear scientists. Iran has responded with strikes on Israel. As the situation escalates, there are concerns about the global impact. RFI…

Radio France Internationale

Best omega-3 supplements to introduce into your diet, according to experts

These supplements have the power to improve brain, eye and heart health while boosting your overall wellbeing

The Independent UK

Trump claims EU is not offering a fair trade deal; Reeves pitches UK as ‘oasis of stability’; oil climbs as shares fall – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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

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The Independent UK

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 Guardian - AU

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

Evening Standard

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.

International Business Times

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.

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AAP

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.

The Independent UK

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

Barchart

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...

Fortune

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.

Barchart

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...

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