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The Latest Breaking News from Oil

Like Putin, Trump is a megalomaniac. In Europe, we can shield ourselves, not look for rational motives

I had to deal with the energy shock in Germany after Putin invaded Ukraine. The solution now is the same: buy ourselves out of the fossil fuels trap, says Robert Habeck, former vice-Chancellor of Germany

The Guardian - UK

Iran-US war latest: Oil prices rise as strikes continue and Trump says Tehran ‘afraid’ to admit to talks

China sees 'glimmer of hope' in US peace proposal even as Iran says it has 'no intention' of negotiating

The Independent UK

Israel says it is expanding ‘buffer zone’ in Lebanon – as it happened

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The Guardian - AU

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Iran wants to negotiate with JD Vance, rejects Kushner, Witkoff: Who’s involved in peace talks?

President Trump announced ongoing negotiations with Iran, involving several top officials including Jared Kushner and JD Vance. While Trump expressed optimism for a deal, Iranian officials denied any talks, accusing the US of spreading fake news. Iran reportedly prefers negotiating with Vance, viewing him as more inclined to end the…

The Times of India

The anatomy of a protest: Why workers across refineries in India are striking work?

For the last four years, around 8 am every morning, including Sundays, thousands of men dressed in navy blue and orange overalls, yellow hard-hats and boots have queued up outside the gates leading to the ‘P-25 Project’ site. Hired by private contractors, they work at an intense pace to construct…

Newslaundry

Natural Remedies for Fleas and Ticks

Fleas and ticks are more than just annoying parasites they can cause serious health issues such as skin infections, allergies, and even transmit diseases. For pet owners seeking safer alternatives, natural remedies have become increasingly popular. These solutions are not only gentle on pets but also environmentally friendly. However, using…

Times Pets

Oil falls more than 5% and Asian shares gain over Trump's talk of negotiations with Iran

Oil prices have fallen more than 5% and Asian shares have gained over possibilities of a de-escalation of the Iran war and negotiations between the U.S. and Iran

The Independent UK

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Insolvencies at record highs, set to rise on Iran war

Australia's most essential industries are exposed to major risks from the ongoing conflict in the Middle East, as surging oil prices weigh on economic growth.

AAP

Australian shares soar on Middle East ceasefire hopes

Hopes of de-escalation between the US and Iran have catapulted the bourse higher, on reports the US wants a month-long ceasefire to discuss a path to peace.

AAP

Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

The Independent UK

Starmer to face MPs as planning to reopen Strait of Hormuz continues

The UK is currently leading efforts to formulate a plan to reopen the vital shipping route after oil prices soared.

Evening Standard

The Top High-Yield Dividend Stock to Buy Now for Oil Price Protection

As the situation remains tense, this high dividend-paying consumer staple company can be a prudent choice for investors.

Barchart

Corn Gets a Turnaround Tuesday Bounce

Corn futures saw gains of 2 to 3 cents in most contracts on Tuesday, with some deferred contracts steady to fractionally higher. The CmdtyView national average Cash Corn price was up 3 cents to $4.24. Crude oil finished the day with late pressure to close up just 26 cents, as...

Barchart

Soybeans Fall Lower on Tuesday

Soybeans were pressured into the Tuesday close, with contracts down 2 3/4 to 8 ½ cents across the board. The cmdtyView national average Cash Bean price was down 1 3/4 cents at $10.78 1/2. Soymeal futures were down $2.00 to $4.20, with Soy Oil futures up 15 to 45 points....

Barchart

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Barchart

Cotton Reverts Higher at Midday

Cotton futures were 15 to 46 points higher on Tuesday. The US dollar index was $0.310 higher at $99.035. Crude oil finished the day with late pressure to close up just 26 cents, as reports surfaced of a potential 1 month ceasefire on the Middle East conflict. The Seam showed...

International Business Times UK

Iran Announces the Reopening of the Strait of Hormuz After Trump Revealed a Special Present

Iran to reopen Strait of Hormuz under conditions affecting two rival nations, announced after Trump revealed receiving a valuable gift from the country.

Saving Advice

I’m a Mechanic: These 10 Easy Fixes Can Keep Your Car Running for Years

Most people think that keeping their car running for years and years requires constant trips to the shop. However, as a mechanic who worked in...

Fortune

Iran, the $39 trillion national debt and dedollarization: How Trump exposed America's Achilles Heel in Hormuz

With the national debt at $39 trillion and dollar dominance already at a 30-year low, the petrodollar system is more visible—and threatened—than ever.

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Barchart

Stocks Settle Lower as Iran War Boosts Crude Oil and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.77%. June E-mini S&P futures (ESM26 ) fell -0.35%, and June E-mini Nasdaq futures...

Kiplinger

Stocks Slide Again as Crude Oil Controls: Stock Market Today

The energy shock is starting to show up in survey data, with a resolution of Middle East oil and gas infrastructure disruptions still well over the horizon.

Barchart

Dollar Advances Amid Concerns About Escalation of the Iran War

The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...

The Independent UK

Trump claims Iran gave him a ‘prize’ related to oil and the Strait of Hormuz - that was ‘very significant’

Iran has called claims it is negotiating with the U.S. to end the war ‘fake news’ in recent days

The Guardian - UK

UK offers to host international summit on reopening strait of Hormuz

Defence chiefs have been discussing how they might unblock the conduit for about a fifth of the world’s oil supplies

The Conversation

Our interest in electric vehicles has grown due to oil price spikes. And it’s likely to remain

The US military action in Iran may have an unintended secondary effect – ending the cultural dominance of the internal combustion engine and ushering in the age of electric vehicles.

MarketBeat

As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks

Understand how crack spreads, not crude alone, is driving refiners during the Iran war, and what could pressure CVR Energy and PBF Energy stocks next.

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