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The Latest Breaking News from Oil

Boiler Upgrade Scheme 2026: Can I still apply for the £7,500 grant?

From July, the government grant programme will be the most generous it has ever been for a significant group of homeowners

The Independent UK

India needs to diversify its sources of energy needs, says NITI vice-chairman

NITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores India's need to diversify energy sources. He expressed optimism about an upcoming India-US trade agreement and advocated for including pharmaceutical products in future FTAs. Lahiri likened the crisis to a…

The Economic Times

Goldman Sachs Flags Three Major Threats To Southeast Asia's Food Supply

Food supply pressures in Southeast Asia are drawing renewed attention as higher energy prices linked to the Iran war, rising fertilizer costs and concerns surrounding El Niño add strain to agricultural markets across the region.

International Business Times

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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns.

The Economic Times

Saudi PIF's governor wants the kingdom to become a global investment center

After deploying billions in capital around the world, Saudi now wants to attract global investment to the kingdom

Fortune

Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report

Iran is actively seeking new buyers for its oil in Asia, including India, Japan, and South Korea, following a temporary US sanctions waiver. This move aims to clear millions of barrels stored at sea and diversify its customer base beyond China. While some refiners are cautiously exploring opportunities, uncertainty surrounding…

The Times of India

Saudi Aramco’s chairman calls for “energy realism”

As the world grapples with the greatest oil shock in history, Saudi Aramco's Chairman calls for "energy realism"

Fortune

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US waives Iran oil sanctions as part of 60-day peace negotiations

The United States temporarily waived sanctions on Iranian oil exports on Monday, opening the door for Tehran to return to global energy markets as negotiations between the two countries continue. In this edition, we look at the impact this has had on oil prices, while also examining major job cuts…

France 24

Iran-US war in numbers: Five charts that lay bare the impact of Trump’s conflict

IN FOCUS: Nearly four months after the US and Israel launched a war on Iran, the lasting global impact is becoming clearer. Alex Croft reports

The Independent UK

Investor Shannon Saccocia Talks Oil Prices, Opportunities and Stock Outlook for 2026

The chief investment officer – wealth at Neuberger, an investment management firm, speaks with Kiplinger.

Kiplinger

Trump warns Iran over breaking ceasefire agreements as oil sanctions are lifted

IN FULL

The Independent UK

Oil prices fall to early March levels as US-Iran peace talks progress

JD Vance stated that extensive discussions with senior Iranian officials have established a ‘good foundation’ for a comprehensive final peace deal

The Independent UK

Oil prices hit lows not seen since early March on US-Iran peace talk progress

Brent crude dropped nearly 2% to 76.5 US dollars a barrel at one stage in morning trading on Tuesday.

Evening Standard

7 Car Parts You Should Always Check Before Buying a Vehicle

Buying a vehicle is an exciting experience, but it can also be a costly mistake if you overlook important mechanical issues. Many buyers focus on a car's color, design, technology features, or mileage while ignoring the parts that keep the vehicle running safely and efficiently. Whether you are considering a…

MyLifeXP

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The Economic Times

Rupee flat as traders mull Fed rate path, keep eyes peeled for flow clues

The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Reserve rate hikes. While policy measures have helped the rupee recover, the prospect of higher US interest rates poses a challenge. Analysts are closely watching the impact of these…

The Economic Times

India bonds rangebound as oil-led rally loses steam

Indian government bonds held steady as a recent rally paused, with investors now awaiting cues from Bloomberg's index inclusion decision and the monsoon's impact. Yields on the benchmark 2036 note saw a slight dip. Expectations of foreign inflows, boosted by potential index inclusion and easing oil prices, are supporting the…

The Guardian - UK

Global shares tumble after US tech sell-off; UK services sector shrinks at fastest pace since 2023 – as it happened

US stock futures point to lower Wall Street open; British grocery inflation slows to 3%, says Worldpanel, while heatwave boosts sales of suncare and syrups for water amid #WaterTok trend

The Economic Times

No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources

Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the region. The tenders sought to move significant quantities of…

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The Economic Times

Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish outlook. Brokerages remain constructive on select businesses, though views differ on valuations as investors assess growth, cyclicality and execution risks.

The Times of India

'He hurt himself very, very badly': Trump's blunt response to Keir Starmer's resignation as UK PM

US President Donald Trump has sharply criticized outgoing UK Prime Minister Keir Starmer's policies on energy, immigration, and foreign relations, suggesting they contributed to his downfall. Trump specifically pointed to Starmer's approach to North Sea oil and the UK's energy independence. He also mentioned a disagreement over the use of…

The Economic Times

Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?

Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.

Newslaundry

The Strait of Hormuz’s future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that constricted global oil supplies and fueled inflation, but questions surrounding control of the vital waterway and whether vessels will be charged tolls to cross it could…

The Economic Times

Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal Sen

Geopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disruptions and elevated insurance costs will keep prices elevated. While optimism is priced in, uncertainty persists, potentially leading to further volatility. Oil marketing companies may see earnings improve, while upstream firms…

The Independent UK

MasterChef may be over, but these recipes deserve a second helping

MasterChef may have crowned a winner, but these are the dishes we’re still thinking about, says Hannah Twiggs. From Thai-cured sea bream to a decadent take on steak frites, two finalists share the recipes that wowed the judges

The Economic Times

Railways showed the way. What should India electrify next?

If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of India’s freight system may yet become one of the defining strategic decisions of the twenty-first.

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