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The Latest Breaking News from Oil

Cuba in darkness again: US oil blockade forces another blackout this week as Havana turns to flashlights

A second power outage in five days— and the third this month — left Cuba without electricity on Saturday, with authorities later attributing it to an “unexpected failure” at a generating unit in the Nuevitas thermoelectric plant in Camagüey province.

The Times of India

Six fuel ships bound for Australia cancelled as Bowen concedes ‘flow of oil to Asian refineries has slowed’

Energy minister says war on Iran creating ‘uncertain environment’ but insists government doing ‘all the preparatory work’

The Guardian - AU

'If Iran doesn’t open Strait of Hormuz within 48 hrs ... ': Trump issues ultimatum to Iran

US President Trump has issued a stark ultimatum to Iran, demanding the immediate reopening of the Strait of Hormuz within 48 hours or face the obliteration of its power plants. Tehran's military has vowed retaliation, warning of attacks on US infrastructure if its energy facilities are targeted. This escalation comes…

The Times of India

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Trump Gives Iran 48-Hour Ultimatum: Open the Strait of Hormuz or Face Strikes on Power Plants

Trump threatened Saturday to "hit and obliterate" Iran's power plants if Tehran does not fully reopen the Strait of Hormuz within 48 hours. The ultimatum came as the U.S.-Israel war with Iran entered its fourth week and gas prices hit a nationwide average of $3.91 per gallon.

International Business Times

Donald Trump spells out he can’t be trusted, not-so-subtly teases his secret war plan already in motion

He put his humanity somewhere and apparently forgot where.

We Got This Covered

Australia last rationed fuel in the 1970s. Could we do it again?

As oil prices skyrocket, analysts believe the disruption to the global supply will last months, not weeks. So what other options are there?

The Guardian - AU

Trump's mixed messages on Iran: 'Winding down' the war and easing sanctions but adding more troops

President Donald Trump is sending mixed messages about the U.S. war with Iran, and that's raising even more questions about the direction of the conflict and his administration's strategy

The Independent UK

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United Airlines plans for oil hitting $175 a barrel and staying above $100 next year as industry faces worst shock since COVID

CEO Scott Kirby pointed out jet fuel prices have more than doubled in the last three weeks, representing an additional $11 billion in annual costs if prices stay at that level.

Fortune

Cuba hits back at US embassy’s ‘shameless’ request to import fuel for generators amid Trump’s blockade of island: report

US embassy in Havana attempted to import two containers of fuel earlier this month, according to a new report

The Independent UK

5 Ways to Discuss Inheritance Plans With Adult Children

Money and family often mix like oil and water—especially when it comes to inheritance. The conversation rarely starts with a smile. Yet ignoring it doesn’t make it disappear; it just leaves confusion, hurt feelings, or even messy disputes for later. Having a clear plan and the courage to discuss it…

The Free Financial Advisor

‘Liquid gold’: heating oil thefts rise in Northern Ireland as Iran war sends prices soaring

Police issue alerts and security tips to households reliant on heating oil to deter a crime that can leave victims with bills of thousands

The Guardian - UK

A web of sensors: How the US spots missiles and drones from Iran

The global price of oil continues to skyrocket as Iran’s missiles and drones hit vital infrastructure in Arab Gulf states. Billion-dollar American radar systems have also been targeted and destroyed across the Middle East by Iran, seemingly degrading U.S. defenses.

The Conversation

Why Trump is lifting sanctions on Iranian oil

IN FULL

The Independent UK

7 Foods That Tend to Run Out by the End of the Month

Managing a monthly grocery budget requires careful pacing. Many shoppers start the month with a full pantry and a positive outlook. By the final week, the shelves look bare, and the dinner options shrink. Certain staple foods consistently vanish faster than others. This forces families to make unplanned runs to…

Grocery Coupon Guide

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The Guardian - UK

‘It’s stupid’: why western carmakers’ retreat from electric risks dooming them to irrelevance

Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say

Radio France Internationale

US strikes Iran bases threatening blocked Hormuz oil route

The US military declared on Saturday it had damaged an Iranian bunker housing weapons threatening oil and gas shipments in the Strait of Hormuz, as thousands of Iranians marked Eid al-Fitr with prayer.

Woman & Home

From invisible trims to smoothing treatments, these are the 4 spring hair refreshes our beauty team has booked in for

Whether you're looking for cut and styling inspo or are curious about glossing, here's how our team have prepped their strands for spring.

Evening Standard

The secret to healthy hair starts here: 13 treatments that will help repair your scalp barrier

The scrubs, serums, toners and sprays for a happier scalp

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The Independent UK

Trump’s war in Iran threatens to cause an economic shock – but which countries will be worst hit?

IN DEPTH: The economic aftershocks of Trump’s war are starting to be felt around the world, with analysts warning that a surge in energy prices will drive inflation and a rise in household bills. Experts tell Bryony Gooch that certain countries are particularly vulnerable to the impact

Fortune

Iran war is making the world a little less sweet as oil soars at the worst possible time for sugar

Harvest season in Brazil is about to begin, and cane farmers must decide how much goes to sugar and how much to ethanol.

Euronews

Iran says Natanz nuclear site was struck, as Tehran launches ballistic missiles at US-UK base

US President Donald Trump said he was considering “winding down” military operations in the Middle East, even as the United States deploys more troops and warships to the region.

Fortune

Three weeks into the Iran war that's requested $200 billion, here’s what success for Trump might look like

The top priority remains reopening the Strait of Hormuz after the military offensive achieves enough success to weaken Iranian capabilities.

Fortune

How the closed Strait of Hormuz poses an existential threat to Asia’s economic engine

“Asia is at the heart of this drama."

Euronews

'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

The Independent UK

Game changer: How to make Italian pheasant ragu – richer, leaner and higher in protein than chicken

Nima Safaei swaps beef for pheasant in this rich Italian ragu – a lean, high-protein pasta that makes the most of game season and is surprisingly simple to cook at home

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