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The Latest Breaking News from Oil

Aluminium foil hack to clean chimney filters: How it works, benefits and steps to remove stubborn grease

Clean your kitchen chimney filters with a simple aluminum foil trick. By crumpling the foil, you can easily scrub away layers of grease, especially when paired with warm soapy water to loosen the buildup. Make sure your filters are uncoated metal and unplug the unit before getting to work. This…

The Economic Times

Iran says Hormuz won’t reopen until US ‘corrects’ its behavior

Iran issued new demands for the Strait of Hormuz reopening and the UAE reported an Iranian missile attack. Yemen's military launched attacks against Iran-backed Houthi rebels in response to recent strikes. Turkey's parliament approved a draft law advancing peace efforts with Kurdish insurgents. The Strait of Hormuz remains crucial for…

The Economic Times

Will Nifty, Sensex extend losses on Monday? Middle East tensions, Q1 results and 3 other factors to steer D-St this week

Indian stock markets ended lower as benchmark indices Sensex and Nifty diverged. Investors face crucial triggers next week, including over 2,000 Q1 earnings announcements, crude oil price movements amid Middle East geopolitical tensions, US nonfarm payroll data influencing Federal Reserve interest rate policy, and ongoing foreign institutional investment trends.

The Economic Times

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Strait of Hormuz standoff: What conditions have US, Iran set to reopen waterway

Iran has made clear that a deal with Oman on a new shipping arrangement for the Strait of Hormuz will not, by itself, reopen the strategic waterway. Tehran says the strait will reopen only after the United States accepts a broader set of Iranian conditions, while Washington has indicated that…

The Times of India

Rohu: India's Most Beloved Freshwater Fish Has a Surprisingly Complex Role in River Ecosystems

The fish everyone eats, almost nobody studiesLabeo rohita, rohu, is the single most cultured freshwater fish in India by volume, accounting for a significant share of inland aquaculture production alongside catla and mrigal in the IMC (Indian Major Carp) system. It grows fast, tolerates crowded ponds, and takes to supplementary…

Times Life

Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessions

Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongoing war and resuming normal oil traffic. However, Iran insists on further conditions, including U.S. compensation and an end to threats. The United Arab…

The Economic Times

Donald Trump shoots from Senate shoulders to punish Russia, by making India and China pay

The US Senate approved a bill allowing President Trump to impose tariffs. This legislation targets nations buying Russian oil and gas, including India. India faces potential 100% tariffs for its energy purchases from Russia. The bill grants the president discretion and includes exemption provisions for allies. This move could impact…

The Times of India

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US working to establish safe shipping route through Strait of Hormuz, Vance says 'we don't trust' Iran

US-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and Oman are in talks to establish a temporary shipping lane for oil transport. However, the U.S. remains doubtful about Iran's commitments to maritime safety. Both countries aim for…

The Economic Times

America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert says

India's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally impact India's economy. Shifting away from Russian supplies offers limited financial benefits now. India has strengthened non-dollar payment channels to mitigate risks. Global price shocks pose a greater threat than…

The Economic Times

US Senate Nod For Russia Sanctions. Ukraine Cheers Move, But Will Moscow Blink

The backers of the bill and the Trump administration believe that such a step would force Russia to tone down its war rhetoric and drag it to talks to end the conflict, which has raged on since 2022. Russia has not shown any signs of backing down.

International Business Times

Greenland issues ‘strong warning’ as Trump-linked US oil firm pushes ahead with Arctic drilling

A US oil firm has moved equipment to Greenland without local approval. This action occurs while President Trump seeks greater US influence over the territory. Greenland's government issued a strong warning regarding the unauthorized logistical operation. The company plans to drill for oil, which faces environmental and political questions. The…

The Times of India

In 2024, a Canadian study found salvaged boreal forest topsoil supported 61 plant species on reclaimed oil sands sites within three years

The application of salvaged forest topsoil is a pivotal technique in fostering rapid plant growth on oil sands reclamation sites. By retaining its original seed bank, this organic material has led to the emergence of sixty-one plant species within three years. Notably, shallower salvage techniques yielded higher densities of native…

The Times of India

India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumes

India's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refiners. Russia remained India's largest crude oil supplier during this period. The nation imports most of its annual crude oil consumption. This dependence makes India vulnerable to global price fluctuations.

The Economic Times

This burning summer is the proof: the voices of climate denial aren’t just delusional, they’re deadly

Look at our blazing forests and parched cities. Green policies aren’t a ‘luxury’, and we can’t burn more oil and gas. People need the truth, says London mayor Sadiq Khan

The Guardian - UK

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The Guardian - UK

Sadiq Khan calls on Andy Burnham to commit to climate action as pressure grows over North Sea oil

London mayor points to ‘terrifying scenes’ this summer amid speculation Burnham may back Jackdaw and Rosebank projects

The Economic Times

India’s $40 billion Russian oil lifeline shouldn’t buckle under Trump’s 100% tariff threat: GTRI

As long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threatens to impose significant tariffs on countries engaging in Russian energy purchases. Being one of the leading buyers, India might suffer trade penalties. This leads to…

Fortune

How Chevron became the AI darling of Big Oil

Chevron's West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

The Guardian - UK

Greenland issues ‘strong warning’ as Trump-linked oil firm prepares to drill

Island’s government says no approval given after Greenland Energy brings kit ashore for exploratory drilling

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news in one place.

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The Economic Times

Iran's leaders believe a victory is within reach, and that time is on their side

Iran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy prices favor its strategy. Iran's leaders feel their victory is at hand without epic patience. This strategy carries significant risks for Iran's battered economy and internal stability. However,…

The Economic Times

Wall Street Week Ahead: Inflation data to test record-setting US stocks, Fed rate views

Upcoming inflation data poses a challenge to the stock market's recent technology-driven surge. Analysts predict a rise in consumer prices, which might sway the Federal Reserve’s monetary policy. Meanwhile, easing geopolitical concerns and dipping oil prices have provided some reprieve to investors. Strong corporate earnings are exceeding forecasts, fostering a…

The Economic Times

100% tariff threat looms over India as US senate passes Russia sanctions bill

The US Senate passed a sanctions bill targeting Russia's energy sector. This legislation grants the President power to impose tariffs on major oil buyers. India and China are among the top five purchasers of Russian oil. The bill aims to reinforce support for Ukraine and pressure Russia. It now moves…

Barchart

Soybeans Slip into Friday’s Close

Soybeans were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean rice was up a penny at $11.33 ¾. Soymeal futures were down $2.60, with August down $6 on the week. Bean oil was up 40 to 50...

Barchart

Cotton Rallies into the Weekend

Cotton futures saw gains of 120 to 130 points on Friday with December up 261 points on the week. Crude oil was up 21 cents per barrel, with the US dollar index $0.308 lower. Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options...

Motor1

Woman Goes To Honda Dealership. 90 Minutes Later, She Catches The Workers At An Ice Cream Truck

“Like what the [bleep] are they doing for an hour and half?”

Bangkok Post

New LPG subsidy strains fuel fund

The Energy Ministry has announced an increase in the subsidy for liquefied petroleum gas (LPG) to keep domestic cooking gas prices unchanged, though the move adds financial pressure on the state Oil Fuel Fund.

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