Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Oil spikes and European stock markets slide as Trump says Iran ceasefire over

Crude oil prices rose more than 6% to a two-week high after US President Donald Trump declared the interim accord to end the war with Iran "over", while fresh US military strikes renewed concerns about oil supplies through the Strait of Hormuz.

Euronews

‘He saw signs saying No Blacks – but he never got bitter’: Sterling Betancourt, the man who brought steelpan music to the UK

Moving to the UK in the 1950s, the Trinidadian musician endured racism and built his own instruments from waste. After his death aged 96, his widow recalls his patience and positivity

The Guardian - UK

Nato chief defends Trump’s strikes on Iran as ‘absolutely necessary’ despite threat to ceasefire

Iran targeted US bases in Kuwait and Bahrain in response to the latest US strikes

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead losses

European shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology stocks traded mixed amid concerns over the sustainability of the AI-driven rally. Airline, banking and auto stocks led the losses, although select technology names and Swedish broadband provider Bahnhof outperformed.

The Economic Times

Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: Experts

Market experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion supply disruptions, reducing vulnerability to shocks. However, prolonged conflict may push India's crude basket beyond $75 per barrel. Higher crude prices could create near-term macroeconomic pressures and inflation risks.

The Economic Times

Truce over? Trump reveals why he ended the ceasefire with Iran

US President Trump declared the Iran truce effectively over after attacks on shipping. The United States launched retaliatory strikes on Iranian military targets. These actions followed Iran's attacks on commercial ships in the Strait of Hormuz. Fresh uncertainty now surrounds planned negotiations between Washington and Tehran. Global energy markets reacted…

The Economic Times

US revokes waiver for Iranian oil sales amid renewed Gulf strikes

The US Treasury Department has announced it will no longer allow Iranian oil sales to be conducted in US dollars on global markets after several tankers were hit by projectiles while attempting to cross the Strait of Hormuz. The move has left more than 60 million barrels of Iranian crude…

France 24

Read news from The Economist, FT, and more,
with one subscription

Oil prices rising after fresh round of strikes threaten US-Iran ceasefire

The price of Brent crude oil was up by as much as 3% on Wednesday morning to around 76 US dollars a barrel.

Evening Standard

Sensex sinks 1,680 points; Nifty closes below 23,900. 5 key factors behind today’s market mayhem

Sensex Nifty Crash: Indian stock markets experienced a significant downturn on Wednesday afternoon. Rising crude oil prices and geopolitical tensions battered investor sentiment across exchanges. US President Donald Trump's remarks on Iran further fueled fears of escalation in the Middle East. This led to a sharp decline in the Sensex…

The Economic Times

Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets

Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation concerns. Geopolitical tensions escalated after the United States and Iran exchanged military strikes. Money markets now price in more interest rate hikes by the European…

The Economic Times

Oil prices continue to rally as US and Iran step up mutual attacks

Oil prices jumped more than 3 percent on Wednesday as the Middle East crisis burst back into the spotlight, with United States and Iranian forces exchanging strikes after attacks on ships in the Strait of Hormuz, fuelling fresh supply fears.

Radio France Internationale

Why Hormuz windfall may prove short-lived for oil refiners

Global refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventories, this lucrative period for refiners may soon come to an end as crude prices are anticipated to rise.

The Economic Times

Oil prices jump over 5% after Trump suggests ceasefire with Iran has ended following fresh US strikes – as it happened

Brent crude spikes to a daily high of $79.26, gas prices rise, stock markets slide and government bond yields surge on inflation and rate hike fears

The Guardian - UK

Rupee slips as oil prices jump, modest portfolio inflows cushion fall

The Indian rupee weakened slightly on Wednesday due to Middle East hostilities. Renewed conflict lifted oil prices, impacting risk sentiment across markets. Modest portfolio inflows helped cushion the rupee's downward pressure. Elevated oil prices pose a risk to India's economic growth and inflation. Investors also await U.S. Federal Reserve policy…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

Euronews

The key global economic risks to watch in the second half of 2026

After six months defined by war, an oil shock and a frenzied AI trade, economists say the rest of the year hangs on a chain of interlocking risks, with the fragile peace between the US and Iran as the key factor.

Bangkok Post

US hits over 80 targets in Iran strikes, military says

The U.S. military unleashed a new wave of strikes against Iran on Tuesday (July 7) and revoked a license allowing the country to sell oil after three tankers were hit by projectiles in the Strait of Hormuz. The U.S. Central Command said that it had struck over 80 targets during…

The Economic Times

India bonds dragged by rise in oil prices, Treasury yields on fresh US-Iran hostilities

Indian government bonds experienced a decline in early trading on Wednesday. This downturn followed Middle East tensions that pushed oil prices higher. The benchmark bond yield rose, ending a recent period of decline. Foreign investors continue to provide strong support through significant debt purchases. Overnight index swap rates also started…

Radio France Internationale

TotalEnergies to discuss Syria offshore exploration, still wary of insecurity

TotalEnergies CEO Patrick Pouyanné said security concerns still rule out a return to onshore oil operations, but confirmed the French company is rebuilding its Iraq-Syria oil transit routes.

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

Sami Tamimi’s recipes for aubergine dolma bake with a spicy herb and spinach salad

This comforting dish gives all the pleasure of stuffed vine leaves without the hours of labour. Serve alongside a lemony salad that’s rich with toasted seeds

The Independent UK

Oil prices jump and markets tumble as Trump says interim deal with Iran ‘over’

US president says he doesn’t want to engage with Tehran

The Economic Times

Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiver

Around 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Iran to sell oil without facing American penalties. The waiver, introduced as part of an interim US-Iran peace deal, was withdrawn following Iranian attacks on tankers in the…

The Economic Times

Airtel to Trent: 44 cos likely to report double-digit profit slump in Q1. Are your stocks on the list?

Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.

The Economic Times

Iran claims it downed US MQ-9 drone, struck American bases in Bahrain and Kuwait

Iran's Revolutionary Guards stated they struck US military sites in Bahrain and Kuwait. This action was a direct response to recent American strikes, according to the statement. The joint operation involved missile and drone attacks on 85 key facilities. Iran also reported shooting down an American MQ-9 drone during the…

The Economic Times

IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories…

The Economic Times

Gold prices fall for 3rd straight session; silver dips to Rs 2.30 lakh/kg as rising oil prices fuel rate hike bets. Buy, sell or hold?

Gold and silver prices extended their losses for a third straight session on the MCX as rising oil prices and a stronger U.S. dollar fuelled expectations of higher U.S. interest rates. Investors now await the Federal Reserve's meeting minutes for further policy cues, while analysts expect bullion prices to remain…

1 … 66 67 68 69

People

Ayatollah Ali Khamenei

Mohammad Baqer Qalibaf

20 stories

Rifaat alAssad

12 stories

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the European Central Bank

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.