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The Latest Breaking News from Oil

Vance says keeping gas prices low ‘goal number one’ for Iran war

Vice President JD Vance moves to reassure voters that the Trump administration is working to resolve the conflict and bring down the cost of oil, which has spiked with the blockading of the Strait of Hormuz

The Independent UK

Andy Burnham breaks silence on climate change as wildfires leave homes 'gutted'

ANDY Burnham has “remained silent” on climate change despite wildfires causing havoc across the UK, green campaigners have blasted.

The National (Scotland)

Cotton Bulls Push Back on Friday Morning

Cotton futures posted modest losses of 41 to 90 points across most contracts on Thursday. Crude oil was down $2.06 per barrel, with the US dollar index $0.054 lower. Export Sales showed a total of 778,939 RB carried over from the 2025/26 marketing year in the week of 8/6, with...

Barchart

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How Imperial Japan turned to the sardine to help build a war machine

Empires have risen and fallen in their pursuit of precious resources such as oil, gold, tea or spices. But in the first half of the 20th century, an increasingly assertive Imperial Japan relied on a fishier form of wealth to build its military and industrial base: the sardine.

The Conversation

Vice President JD Vance Says The Administration Has a New Primary Goal In The Iran War

Vance said the main goal is "keeping oil and gas cheap for Americans all over our country." The second one is preventing Iran from getting a nuclear weapon.

International Business Times

Lobster dresses and unmade beds: The best exhibitions to see in Europe

From riveting retrospectives to perspective-shifting showcases, 2026 has already spoilt us with an incredible selection of exhibitions. Here's a round-up of the best ongoing ones to catch across Europe.

Euronews

India bonds end week flat, but demand for long notes firms

Indian government bonds traded within a narrow range this past week. Fading inflation and rate-hike concerns left traders seeking market direction. Buyers entered long bonds as the yield curve steepened, attracting value. Rising oil prices exerted some pressure, but liquidity and softer inflation eased worries. Expectations now suggest neither the…

The Economic Times

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Forex reserves up by $14.1 billion to $707 billion

India's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substantially to this overall increase. The Indian Rupee also appreciated slightly against the US dollar on Friday. Forex traders noted pressure on the rupee due to fund outflows and oil prices.…

The Economic Times

5 Herbs That Thrive on Neglect – For Easy, Delicious Harvests With Almost No Effort

Drought, poor soil, and even a lack of pruning don’t faze these herbs

Homes & Gardens

Inflation Eased Again in July. But The Middle East Energy Shock Is Putting The Relief at Risk.

The Consumer Price Index rose just 0.1% in July after declining 0.4% in June, and annual inflation eased to 3.4% from 3.5% the previous month. PPI prices were also below expectations.

International Business Times

Current price of oil as of Aug. 14, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Rupee logs weekly decline, with RBI intervention curbing losses

The Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite this, central bank interventions and steady dollar sales by state banks helped mitigate more significant losses. With India relying on imports for about ninety percent of its oil, the economy…

The Economic Times

Sensex falls 71 points, Nifty closes below 24,400; broader markets underperform. What lies ahead?

The Indian stock market ended lower on Friday as Sensex dropped 71 points and Nifty closed at 24,366. Broader midcap and smallcap indices underperformed, falling 0.7% each. Analysts cite global yield uncertainty and oil prices for the sideways movement, while technical indicators point to key support near 24,200.

The Economic Times

Talk TV Host Andre Walker Found Guilty of Assaulting Anti-Oil Protester, Storms off Courtroom After Sentencing

TalkTV presenter Andre Walker was convicted of assaulting climate activist Dr Kush Naker during a protest at a Windsor dinner. Walker received an 18-month conditional discharge and must pay compensation.

International Business Times UK

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Euronews

Iran claims 'trillion-dollar' pollution damage as Gulf oil spills spread

Oil residues from a struck bulk carrier reached Iran's Qeshm Island and its protected mangrove forests, while a sanctioned Russian shadow fleet tanker grounded off Oman has leaked a slick that has grown to more than 2,000 square kilometres, fouling 40 kilometres of Omani coastline.

The Independent UK

2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East

The United Arab Emirates is blaming Iran for firing drones at two tankers operated by a state-owned oil company as they sailed through the Strait of Hormuz, saying Friday the attacks represented acts of piracy

The Economic Times

Global Market: European shares steady near record highs as Iran war, Eurozone data in focus

European shares traded largely flat near record highs as investors weighed stalled US-Iran negotiations, elevated oil prices and upcoming Eurozone economic data. The STOXX 600 remained supported by resilient corporate earnings expectations, although geopolitical tensions and higher energy costs continued to temper risk appetite.

The Guardian - UK

Jimi Famurewa’s sausage, egg and shiitake mushroom breakfast mazesoba – recipe

New Guardian Food show FEED with Jimi Famurewa travels the UK in search of food trends. A new wave of ‘renegade ramen’ shops inspired this brothless take

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Benzinga

Iran Blasts US Intelligence 'Failures,' Warns Trump of 'Bigger Miscalculation' in Hormuz—Bessent Vows 'Never Been Seen' Economic Isolation

Seyed Abbas Araghchi, Minister of Foreign Affairs of Iran, called the U.S.-Iran war a miscalculation and blamed Washington for repeatedly suffering from intelligence failures.

The Economic Times

Pakistan celebrates Independence Day: Here's how its stock market performed in last one year

Pakistan celebrates its 79th Independence Day as the KSE-100 index delivers a 23% return over the past year despite geopolitical tensions and market volatility. From a record high in January, the index has slipped around 6%. Meanwhile, younger investors are increasingly entering Pakistan’s stock market, boosting participation and account openings.

The Independent UK

Drone shot down over Latvia as Ukraine hits Russian oil refinery

IN FULL

Fortune

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

Greenland Energy is facing almost 18 months of delays, but plans to drill for oil as soon as late 2027.

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures were mixed heading into Friday morning as Wall Street digested an impending batch of retail and consumer data against a backdrop of escalating tensions in the Middle East.

The Independent UK

Asian shares mostly fall and US futures are little changed after US inflation data improves

Shares are mostly lower in Asia and U.S. futures are little changed after U.S. inflation data showed an improvement in July

The Economic Times

Rupee gains 2 paise to 95.43 against US dollar in early trade

The rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the outflow of foreign investments from Indian equities is weighing on the rupee's performance. Compounding this issue, rising crude oil prices linked to geopolitical conflicts further affected market sentiments,…

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