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The Latest Breaking News from Oil

How Is Occidental Petroleum's Stock Performance Compared to Other Oil & Gas E&P Stocks?

Due to Occidental Petroleum’s underperformance compared to its peers over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

FTSE 100 Live 04 March: Oil price higher but index steady, Vistry shares slump

Brent Crude oil prices today continued to rise amid the escalation of the Middle East conflict.

Evening Standard

Middle East conflict offers economic lifeline to Russia’s flagging war machine

With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and India

The Guardian - UK

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Stuffed peppers and aubergine dip: Sami Tamimi’s recipes for savoury Palestinian snacks

Peppers stuffed with freekeh, lamb and spicy tomato sauce, and a classic Levantine aubergine dip with preserved lemon and dill

The Guardian - UK

The Latest: Explosions heard in Tehran and Jerusalem on fifth day of war

Explosions are sounding in Iran’s capital city as its war with the U.S. and Israel enters a fifth day

The Independent UK

European stock markets rally after report of ‘secret outreach’ by Iran to try to end war

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%

The Guardian - UK

Australian economy picks up speed, but managing inflation and rates is getting harder

Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards.

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Bo French, Jim Wright head to runoff for seat on Texas Railroad Commission

The Texas Railroad Commission is responsible for regulating the state’s oil and gas industry. The election included a clash over China and diversity rules.

The Texas Tribune

Asian shares extend losses as the war with Iran widens and oil surges higher

Asian shares have resumed their decline after a global sell-off for stocks hit Wall Street, while oil prices climbed even higher

The Independent UK

Aussie shares dive as investors brace for energy shock

Australia's share market has plunged as surging oil prices dimmed the global growth outlook and dragged on industrial metals producers.

AAP

Trump’s strikes on Iran could cost the American economy up to $210B, report says

The president has said the U.S. could give military escorts to oil tankers in the region to ease the strain on global energy supplies

The Independent UK

Cotton Losses Continue on Tuesday

Cotton futures are down 45 to 55 points in most front months on Tuesday. Crude oil was up $3.58 on the day to $74.81. The US dollar index is another $0.940 higher at $98.505. Uncertainty with China, as they have called for a halt to the strikes on Iran continues...

Barchart

Soybeans Power Higher Late on Tuesday

Soybeans saw late session strength, with contracts closing 5 to 7 cents higher There were another 27 deliveries issued overnight. The cmdtyView national average Cash Bean price was up 6 1/2 cents at $10.97 1/2. Soymeal futures were up 20 cents to $2.20 on the day, with Soy Oil futures...

Barchart

Corn Sees Late Day Strength to Close with Gains

Corn futures posted gains across most contracts on Tuesday, with contracts fractionally to 2 cents higher. The CmdtyView national average Cash Corn price was up 1 cent to $4.06 3/4. Crude oil strength remains supportive. USDA reported a private export sale of 196,000 MT of corn to unknown destinations this...

Barchart

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Fortune

U.S. oil and gas exporters profit from the Iran war, but they can’t begin to fill the supply gap as global prices spike

Energy prices continue to spike, but a worst-case scenario has yet to unfold.

International Business Times

Dow Jones Plunges Over 1,100 Points as Iran Conflict Escalates, Oil Surges to Multi-Year Highs

NEW YORK — The Dow Jones Industrial Average tumbled more than 1,100 points in early trading on March 3, 2026, as the deepening U.S.-Israel conflict with Iran triggered a sharp global risk-off move, sending oil prices soaring and reigniting inflation fears across Wall Street.

International Business Times

Tesla Stock Closes Near $403 Amid Geopolitical Pressures and Autonomy Focus

Tesla Inc. (NASDAQ: TSLA) shares closed at $403.32 on March 2, 2026, up 0.20% or $0.81 from the prior session, capping a resilient performance despite broader market volatility tied to Middle East tensions and surging oil prices.

Barchart

Stocks Settle Lower on Iran War Anxiety

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.94%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.09%. March E-mini S&P futures (ESH26 ) fell -0.94%, and March E-mini Nasdaq futures...

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The Independent UK

Trump will deploy US Navy to protect oil tankers in Middle East ‘if necessary’

The president also said he was offering government-backed risk insurance for ships passing through the Gulf region

The Times of India

'Not happy with UK either': Donald Trump slams European nations, singles out Spain over Iran campaign

US President Trump has sharply criticized European nations, particularly Spain, for their stance on the US-Israel military campaign against Iran. While Germany is praised, Spain's refusal to allow base usage for operations against Iran has drawn Trump's ire. The conflict escalates with regional attacks and rising oil prices.

International Business Times UK

$1 Trillion Has Been Wiped Out From Stock Market as Middle East Tensions Ignite Investor Panic

A single session sees $1 trillion wiped from the stock market as Middle East tensions escalate, impacting global energy routes and investor confidence.

Axios

Trump offers U.S. insurance, military escorts to energy tankers in Mideast

The White House is seeking to ease oil price spikes that are starting to boost U.S. gasoline prices.

MarketBeat

The Dividend Safe Harbor: 2 Stocks to Watch

Rising geopolitical tensions, surging oil prices, and increasing volatility are pressuring U.S. equities and driving a shift toward defensive positioning.

Barchart

Dollar Strengthens as Fed Rate Cut Chances Dim

The dollar index (DXY00 ) rose by +0.61% on Tuesday and posted a 3.25-month high. The dollar extended Monday’s rally on Tuesday after oil prices soared to an 8.5-month high, boosting inflation expectations and reducing the chance of additional Fed rate cuts, a supportive factor for the dollar. Market expectations...

The Times of India

‘Free flow of energy’: Donald Trump orders US Navy to escort tankers through Strait of Hormuz

President Trump has ordered the US Navy to escort oil tankers through the Strait of Hormuz if needed and directed a federal agency to offer political risk insurance for maritime trade in the Gulf. This immediate action aims to guarantee the uninterrupted global energy supply amidst escalating Middle East tensions.

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