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The Latest Breaking News from Oil

Trickle-down impacts of Middle East war, from pistachios, to copper, to leather

As oil prices surge and key shipping routes close because of the war in the Middle East, the downstream effects are impacting different markets around the world, from pistachios and bananas to luxury leather goods, as industries are being forced to adapt to disrupted supply chains and increased costs.

Radio France Internationale

The truth about cooking oils: 14 essential facts for healthier, cheaper meals

From avocado to hemp, extra virgin olive and rapeseed, the shops are packed with various oils. But what is worth spending money on? And are any of them actually better for you?

The Guardian - UK

I feel like my screenshots are coming to life through the oil paintings created by ArtbyEri

Art imitates virtual life.

PC Gamer

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Pipelines and Automation: 2 Energy Plays Built for Any Oil Price

Kinder Morgan and Halliburton offer stable energy exposure with fee-based pipelines and efficiency services that perform in any oil price environment

MarketBeat

Chevron's Pullback May Be a Buying Opportunity—Even If the War Ends

Chevron has pulled back from highs, but with oil still elevated and analyst support strong, the setup continues to favor further upside.

MarketBeat

I Asked ChatGPT When Oil and Gas Prices Will Stabilize: Here’s What It Said

I turned to ChatGPT for a straightforward, simple answer to the one question many may be asking: When will oil and gas prices stabilize?

GOBankingRates

Financial CEO Says Inflation Could Go Up in 2026, Not Down

JPMorgan CEO Jamie Dimon explained that one possibility is inflation ticking up in 2026. Other experts share mixed outlooks based on prices, wages and oil.

GOBankingRates

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The great energy pivot: US oil and Chinese solar are the winners in Trump’s war on Iran

Exposure of world’s reliance on Middle East supplies accelerates global shift towards new energy superpowers

The Guardian - UK

The war in Iran is in a ‘limbo’ phase. Here’s why it could leave the world facing chaos

IN FOCUS: Despite Iran’s foreign minister Abbas Araghchi travelling to Pakistan, there are still no plans for direct talks with the US. Should the current impasse continue, analysts tell James C. Reynolds that it could hurt the west and strengthen Tehran

The Independent UK

Strait of Hormuz Remains Largely Closed as US-Iran Tensions Escalate Despite Extended Ceasefire

The Strait of Hormuz, the world's most critical energy chokepoint, stayed effectively closed to normal commercial traffic Sunday as U.S. naval forces hunted Iranian mines and Iran continued seizing vessels, even as a fragile ceasefire entered its third week and indirect talks resumed in Pakistan.

International Business Times

'All They Have to Do is Call!': Trump Goes on Angry Rampage Over Iran's 'Leadership Confusion' Amid the War

Trump cancels Iran peace talks amid leadership turmoil, sparking mixed reactions as US-Israel-Iran conflict escalates, causing heavy casualties and disrupting global oil supplies.

International Business Times UK

From maritime trench warfare to a 'sloppy peace': Here's how the Strait of Hormuz standoff could play out, according to Goldman Sachs

"And a sloppy peace is basically a bunch of half solutions on all the big issues."

Fortune

Government ramps up planning for possible supply shortages from Iran war

Oil prices have soared since the US-Israel war on Iran began, driven by the closure of the Strait of Hormuz

The Independent UK

Cop negotiations chief on how Iran war oil shock paves road to climate talks in Turkey

Exclusive: As countries meet at key climate crisis meetings, Australia’s Chris Bowen says war underlines need to move away from fossil fuels

The Guardian - AU

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Fortune

U.S. oil producers aren't coming to the rescue despite high prices as mistrust and chaos hit outlook. The 'market is being manipulated'

"Uncertainty is problematic in the oil and gas business, and this administration is the definition of uncertainty."

International Business Times

US Energy Exports Smash Records as Hormuz Blockade Creates Global Supply Crisis

U.S. energy exports have surged to unprecedented levels in April 2026 as the ongoing closure of the Strait of Hormuz has rerouted global oil and liquefied natural gas flows, positioning American producers as the primary swing suppliers amid the U.S.-Iran conflict.

The Guardian - US

California’s jet fuel supply drops to three-year low as Middle East turmoil squeezes global oil market

Industry analysts say fuel price surge could lead to canceled flight routes that could snarl travelers’ plans

Clever Dude

Avoid These 5 Cars If You Like Doing Your Own Oil Changes

Changing your own oil saves money, builds confidence, and keeps a vehicle running smoothly for years. Some cars, however, turn this simple task into a frustrating, time-consuming ordeal that even seasoned DIYers dread. Tight engine bays, hidden filters, and awkward drain plug placements can quickly transform a routine oil change…

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The Times of India

British Airways warns of higher airfares as UK govt monitors oil price surge amid Iran war

The ongoing conflict in the Middle East, linked to the wider Iran war situation, has sparked a rise in global oil prices after disruption concerns around the Strait of Hormuz.

The Times of India

'Doctrine of dominance': Russia accuses US of energy grab, says Iran, Venezuela actions 'about oil'

Russia's foreign minister Sergei Lavrov has accused the US of prioritizing oil and energy dominance, alleging military actions in Iran and Venezuela are resource-driven. He claims Washington disregards international law, opting for power over rules. Lavrov urged the US towards dialogue, criticizing policy shifts that strain relations and push Europe…

MyLifeXP

8 Bada Mangal in 2026? The Rare Reason Revealed

What if a single month could quietly reshape the rhythm of devotion? In 2026, something rare unfolds not one, not four but eight Bada Mangal days. To some, it may look like just another calendar detail But for devotees, it carries a deeper meaning. Because when time itself stretches, it…

The Guardian - UK

New global panel aims to accelerate move away from fossil fuels

Scientists and economists will help countries develop plans to reduce dependence on oil, gas and coal

Barchart

Cotton Slips Lower on Friday

Cotton futures were down 1 to 12 points across most front months on Friday, with May the lone hold out, up 20 points. May was still down 40 points this week. The US dollar index is slipping 0.2622 lower at $98.340. Crude oil was back down 97 cents to $94.88....

The Independent UK

US won't renew Iranian and Russian oil waivers, Bessent says

Treasury Secretary Scott Bessent says the U.S. does not plan a third renewal of a waiver allowing the purchase of Russian oil that is currently at sea

Barchart

Does the Iran War Still Matter to Grains Traders?

Based on recent trading activity, it seems the grains are mostly getting caught up in headlines and social media posts, not fundamentals.

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