The Latest Breaking News from Oil

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This dividend stock stands out for its high dividend yield of 9.6% and management’s focus on maintaining and even growing its yearly payments.

Barchart · Jun 23, 2025

Servos urged not to price gouge after oil price hike

The consumer watchdog is being urged to make sure motorists aren't ripped off at the bowser after Middle East strikes led to a surge in fuel costs.

AAP · Jun 23, 2025

Oil prices plunge after Iran retaliates with attack on American air base

The price of West Texas Intermediate, the U.S. benchmark for crude oil, fell 7.2 percent to $68.51 per barrel on Monday

The Independent UK · Jun 23, 2025

Oil Was Supposed To Soar On Iran Strikes—It Just Crashed Instead

Oil markets defied all expectations Monday, crashing more than 7% to $68 a barrel even as Iran launched a barrage of missiles at U.S. military installations in Qatar in retaliation for American strikes on Iranian nuclear facilities over the weekend.

Benzinga · Jun 23, 2025

Oil prices pare back losses amid doubts over Israel-Iran ceasefire

Stock markets including FTSE 100 edge higher as traders hope conflict will not disrupt oil supplies

The Guardian - UK · Jun 23, 2025

Crude Prices Plunge as Iran's Retaliation Misses Energy Assets

August WTI crude oil (CLQ25 ) Monday closed down -5.33 (-7.22%), and August RBOB gasoline (RBQ25 ) closed down -0.1114 (-4.82%). Crude oil and gasoline prices on Monday gave up sharp overnight gains and then plunged Monday afternoon after Iran's retaliation for the US attack on the country's nuclear sites...

Barchart · Jun 23, 2025

Oil Flares, Bitcoin Wobbles: Why Crude Now Moves The Crypto Needle

Tensions in the Middle East aren't just fueling oil prices – they're shaking the crypto charts too. As Brent crude flirts with volatility, Bitcoin (CRYPTO: BTC) briefly dipped below $90,000 over the weekend before bouncing back Monday, a move that James Toledano, COO of Unity Wallet, says is anything but…

Benzinga · Jun 23, 2025

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

The conflict with Iran is the latest in a decadeslong series of regime change operations, long-term entanglements, and all-out wars that always seem to invite more problems.

Reason · Jun 23, 2025

The Plunge in Crude Oil Undercuts Sugar Prices

July NY world sugar #11 (SBN25 ) Monday closed down -0.06 (-0.37%), and August London ICE white sugar #5 (SWQ25 ) closed down -7.60 (-1.60%). Sugar prices on Monday gave up an early advance and closed lower after a -7% plunge in crude prices (CLQ25 ) sparked long liquidation in...

Barchart · Jun 23, 2025

US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips

Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).

Benzinga · Jun 23, 2025