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The Latest Breaking News from Oil

After Hormuz, China looks to the promise – and peril – of the Arctic’s ‘ice silk road’

China has established the first scheduled transit through the northern sea route, but questions remain over the environmental and political risks

The Guardian - AU

Decision on Jackdaw and Rosebank could be ‘life or death’ in North Sea – Tories

Labour ministers must decide whether drilling should go ahead.

The Independent UK

65 weird-ass things that are actually super practical

These picks are cheap and strange yet practical, and they’ll make whoever's over at your place ask where you got it.

Mic

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read the most diverse news in one place.

How To Squeeze Iran Financially. Is US Taking Aim At Chinese 'Teapot' Entities

Trump's latest announcement is likely to target independent Chinese refineries, known as "teapots." Teapots account for a quarter of Chinese refinery capacity. China accounts for more than 80% of Iran's shipped oil and teapots absorb much of this trade.

International Business Times

Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the chokehold

Satellite images revealed that Saudi ships on both sides of the Strait of Hormuz are preparing to transport oil out of the Persian Gulf.

Fortune

Interest rate dilemma for central banks as inflation rises but growth slows

The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran war

The Guardian - UK

10 Car Maintenance Tasks Drivers Should Not Keep Delaying

Car maintenance has a troubling way of turning “I’ll deal with that next weekend” into “Why is the dashboard doing that?” Delaying routine work can turn manageable problems into expensive repairs, while a few simple checks can keep a vehicle safer, more reliable, and easier on the wallet.

Clever Dude

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Customer Comes Into Shop At 8 A.M. They Put Something Unthinkable In Their Windshield Washer Fluid Reservoir: ‘Charge Them Double’

"Better than olive oil in the oil."

Motor1

Trump wants more economic pressure on Iran. What are his options?

The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks that aid Tehran. The administration may also target entities helping Iran evade existing sanctions. A land blockade is another potential strategy to increase pressure on Iran.

The Economic Times

I Swear By Facial Cupping for a More Sculpted, Less Puffy Face—This £6 Tool Is My Secret

This simple at-home technique reduces puffiness and leaves my face looking noticeably more sculpted in minutes.

Marie Claire

ONGC gets US licence to resume full Venezuela operations, eyes operatorship

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover pending dividends and potentially take operatorship. India seeks to diversify…

The Economic Times

Government fixes LPG production targets for refiners, Reliance gets largest share

India has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after import disruptions. The government will review these production schedules every six months. Companies must maintain adequate infrastructure for LPG storage and transport. This framework ensures adequate domestic availability…

The Economic Times

Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this week

Indian equities are likely to remain range-bound in the week of August 17–21, with elevated crude prices, global uncertainty and shifting US Fed expectations keeping investors cautious. Sensex fell around 500 points and Nifty 205 points last week, while broader markets declined further. Analysts highlight four key factors that could…

The Economic Times

Small, microcaps offer better alpha opportunities; midcaps look expensive: Equitree CIO Pawan Bharaddia

Indian equities may stay supported by a resilient domestic economy, but future returns are likely to depend more on earnings growth than valuation re-rating, says Pawan Bharaddia of Equitree Capital Advisors. He sees alpha opportunities in select small and microcaps, especially those with a ₹1,000–5,000 crore market cap, while largecaps…

The Economic Times

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Times Life

A Week in Jharkhand's Forest Interior Reveals What Adivasi Communities Have Always Known About Survival

The Silence That Arrives Before You DoSomewhere past Chaibasa, the highway stops pretending. The road narrows, the phone signal drops in stages, and the sal forest closes in on both sides with a density that feels less like scenery and more like a position the trees have taken. You are…

The Independent UK

PM urged to stick to spirit of Labour manifesto and reject Jackdaw and Rosebank

The plea to Andy Burnham comes from campaigners at Stop Climate Chaos Scotland.

The Independent UK

US oil reserves are so low amid Trump’s Iran war the caverns holding them could be damaged

The supply strain comes as drivers face unprecedented late-summer pump prices, with the national average hitting a mid-August record of $4.07 per gallon

The Economic Times

Iran fires back at Trump's threat to declare Hormuz a U.S. territory

Iran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US territory after defeating Iran. An unnamed White House official later clarified Trump was joking about the declaration. Attacks in the strait continue, impacting regional shipping and oil prices…

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The Economic Times

Hormuz ship attacks mount as US vows to cripple Iran economy

The Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessels from the Abu Dhabi National Oil Co were targeted while navigating this crucial passage. In response, the United States intends to implement further economic sanctions in an effort…

The Economic Times

E20 petrol not sole reason for lower mileage, Centre says

The government clarified that vehicle mileage depends on many factors, not just fuel. Extensive testing confirms E20 petrol meets quality standards and is not contaminated. Motorists' concerns about fuel economy are being addressed by the ministry. Oil companies conducted inspections at numerous fuel stations nationwide. Real-world fuel consumption results from…

Kiplinger

My First $1 Million: Retired Oil Industry 'Gofer,' 73, Oklahoma

"I lost a lot of money on bad stock decisions. Fortunately, I was lucky on my good decisions. I usually bought on dips."

The Economic Times

What Bessent’s economic isolation of Iran could look like

The US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-China relations and oil prices. Exchange houses in countries like the UAE help Iran move its funds. Secondary sanctions could pressure trading partners, including US allies like Turkey. The administration…

Grocery Coupon Guide

How to Store Groceries After Opening the Original Package

Opening a bag of flour, a jar of pasta sauce, or a package of crackers initiates a countdown toward staleness, oxidation, or spoilage. Many shoppers mistakenly believe that leaving items in their original packaging, often rolled up or sealed with flimsy plastic clips, maintains freshness. However, most commercial packaging loses…

MyLifeXP

Why Your Hair Looks Perfect on a Lazy Day, but Oily and Messy When You Actually Want It to Look Good?

You wake up, glance in the mirror, and somehow your hair looks fuller, shinier, and just right, on a day you are not even trying. Then the next morning, before an event you actually care about, your roots go flat and greasy within hours. It feels random, almost personal, but…

The Times of India

US used dioxin-laden oil for dust control in a town with 2,000 residents, years later it spent $33.1 million for their relocation in order to protect their lives

The residents of Times Beach faced a critical situation when dioxin contamination was discovered, leading to their permanent relocation. Originally, this toxic substance was used on dirt roads for dust control during the 1970s. A devastating flood in 1982 heightened the community's concerns about contamination. To address the issue, an…

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