The Latest Breaking News from Oil

I’m a beauty writer and these are the SPFs I’m taking to Greece (with 30% off)

The scent alone is enough to make you reach for these skincare saviours

The Independent UK · Jun 16, 2025

Crude Prices Retreat as Iran Seeks to End Hostilities

July WTI crude oil (CLN25 ) today is down -2.42 (-3.32%), and July RBOB gasoline (RBN25 ) is down -0.0238 (-1.07%). Crude oil prices surged by +5% initially on Sunday night as the Israel-Iran conflict entered its fourth day. However, crude prices gave up their advance and fell sharply on...

Barchart · Jun 16, 2025

Stocks Rally as Iran Signals it Wants an End to Hostilities

The S&P 500 Index ($SPX ) (SPY ) is up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.49%. June E-mini S&P futures (ESM25 ) are up +1.11%, and June E-mini Nasdaq futures (NQM25...

Barchart · Jun 16, 2025

Be Careful, Honda Riders, There's a Big Recall On 3 Models Right Now

American Honda is recalling some 2025 Africa Twin 1100s, Rebel 1100s, and XL750 Transalps due to a bolt manufacturing issue that could leak oil onto the rear tire.

RideApart · Jun 16, 2025

Stock markets are ignoring the war as they wait for the Fed

Here’s a snapshot of the action this morning prior to the opening bell in New York.

Fortune · Jun 16, 2025

European stock markets opened higher despite escalating Israel-Iran conflict

The major European stock indexes opened slightly higher while oil prices stayed elevated due to the uncertainty around the Israel-Iran crisis.

Euronews · Jun 16, 2025

Israel issues Tehran evacuation order as Iran threatens to leave nuclear weapons treaty

Order similar to those issued in Gaza a further sign Israeli campaign is evolving towards war of attrition

The Guardian - UK · Jun 16, 2025

Israel-Iran crisis: How vital is the Strait of Hormuz for oil market?

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and LNG. Experts warn that even the threat of closure could rattle markets and push energy prices sharply higher.

Euronews · Jun 16, 2025

Will a spike in oil price mean I pay more for my flight or holiday?

Tour operators can add 8% to the cost of a package – but they must show their working

The Independent UK · Jun 16, 2025

Bank unveils green loans plan to unlock trillions for climate finance

IADB’s proposals involve lenders using public money to buy up renewable energy loans in poor countries

The Guardian - UK · Jun 16, 2025