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The Latest Breaking News from British Petroleum

The West has long characterized Iran’s oil as a prize to be claimed

With the recent outbreak of hostilities in the Persian Gulf, the focus of international attention has returned to one of the world’s most important energy chokepoints: the Strait of Hormuz.

The Conversation

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

The Guardian - UK

BP moves back to central London as it chooses Bankside development for new global HQ

Energy giant will occupy at 15 storeys of the Ink building at Timer Square

Evening Standard

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BP hikes cost-cutting target again after striking deal to sell German refinery

The energy giant will sell the Gelsenkirchen refinery to independent European refiner Klesch Group.

Evening Standard

‘It’s not panic-buying’: farmers defend stockpiling as regional Australia bears brunt of fuel crisis

Independent retailers are struggling to get fuel from the majors and say farmers have only responded to soaring prices and lack of availability

The Guardian - AU

'Permanent High Point': Did Fuel Stations Overcharge Australians Amid Middle East Conflict?

The NRMA has accused some fuel stations of jacking up prices during the Middle East conflict and warned that record-high fuel costs in Sydney, Melbourne and Brisbane may now represent a 'permanent high point'.

International Business Times UK

Steve Kerr Misplaces Anger As Shorthanded Warriors Continue to Lose

The Warriors’ coach admitted after the game that he probably got a little too emotional during this play.

Sports Illustrated

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Starmer warned UK should brace for fuel rationing amid Iran war

IN FULL

The Independent UK

UK should brace for fuel rationing over Iran war crisis, former BP chief warns Starmer

Former adviser says UK should be preparing for ‘significant shortfall of supply over the next two months’

The Independent UK

Dozens of petrol stations around Australia run out of fuel as panic-buying continues

NRMA says record-high fuel may be here to stay in Sydney, Melbourne and Brisbane after prices soared early in the Middle East conflict

The Guardian - AU

Oil company shares soar to all-time highs as Middle East war turbocharges price per barrel

Energy supply shock from US-Israeli attack on Iran fuels record valuations for Shell, ExxonMobil and Chevron

The Guardian - UK

FTSE 100 falls as Iran war lifts inflation fears

The FTSE 100 index closed down 58.47 points, 0.6%, at 10,353.77.

Evening Standard

14 years later, former EA exec is still mad about getting the "Worst Company in America" award over BP and Bank of America just because "f***ing Colonel Shepard dies in Mass Effect 3"

Peter Moore might not remember Commander Shepard's title, but he's still sore about that award

GamesRadar

FTSE 100 rallies as inflation fears ease

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24.

The Independent UK

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Evening Standard

Maxine Peake among 200 figures urging British Museum to support Palestine

The letter comes amid reports that the museum has removed the word ‘Palestine’ from several of its gallery displays.

Marie Claire

The Transitional Basics I’m Wearing on Repeat for the Next Month—All for Under $100

My spring outfits have never looked better.

The Guardian - UK

BP’s new boss will take home at least £11.7m this year, more than double her predecessor

Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in April

The Independent UK

Three ways to combat energy bill rises as Iran-US war sparks price hike fears

Energy price rises are coming, despite Ofgem’s best efforts

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Evening Standard

Reeves reaffirms commitment to end windfall tax in talks with North Sea bosses

The Chancellor met figures from BP, TotalEnergies and Serica in Downing Street.

Evening Standard

Oil prices rise further as Iran blocks vital shipping route

Brent crude rose by more than another 3% on Tuesday to a one-year high of 80 US dollars a barrel.

Evening Standard

European stocks sink amid Middle East uncertainty

The FTSE 100 Index ended down 130.44 points, 1.2%, at 10,780.11.

The Guardian - UK

‘You’re sweet – and I’m old!’: Billy Porter and Sam Morrison on teaming up for a comedy about love and death

The Emmy-winning singer and actor was so struck by the comedian’s autobiographical one-man show Sugar Daddy that he signed on as producer. The pair discuss ‘bears’, blood sugar and bridging the divides between generations of gay men

Evening Standard

FTSE 100 pauses rally as Iran tensions escalate

Donald Trump urged Tehran to strike a ‘meaningful’ deal.

Evening Standard

FTSE 100 climbs as US jobs data beats expectations

The FTSE 100 index closed up 118.27 points, or 1.1%, at 10,472.11.

The Guardian - UK

Activist investor Elliott builds up stake in London Stock Exchange Group

US firm held talks with LSEG to push performance at time of reduced listings and AI concerns

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