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The Latest Breaking News from Oil

G7 'not there yet' on releasing oil reserves as Iran war drives price surge

After oil prices jumped above $100 a barrel overnight, finance ministers from the G7 countries held a conference call on Monday but did not agree on releasing oil stockpiles to stabilise the market.

Euronews

Crude Prices Surge after Israel Bombs Iranian Fuel Depots

April WTI crude oil (CLJ26 ) today is up +5.49 (+6.04%), and April RBOB gasoline (RBJ26 ) is up +0.0878 (+3.25%). Crude oil and gasoline prices today are sharply higher after Israel on Saturday bombed 30 Iranian oil depots. In addition, Saudi Arabia became the latest Middle East oil producer...

Barchart

What international law says about the Israeli strikes on Iranian oil facilities

Israeli strikes targeted oil facilities near the Iranian capital of Tehran over the weekend. Two oil refineries, both of which had been attacked by Israel in 2025, and two oil storage facilities were hit. According to Iran’s deputy health minister, Ali Jafarian, at least four people were killed by the…

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

U.S. Intercepted Encrypted Communications Potentially Activating Iranian Sleeper Cells Around The World: Report

The U.S. intercepted encrypted communications believed to be coming from Iran, and could potentially be activating sleeper cells around the world, according to a new report.

Latin Times

Euronews on the ground: Iran strikes rattle Gulf as oil price surges

Iran’s escalating strikes rattle Gulf states on Monday as oil soars and questions grow over who controls Tehran, Euronews' Jane Witherspoon reports.

Euronews

Why aren’t renewables better protecting the UK from energy price shocks amid Trump’s war on Iran?

How the UK's gas addiction keeps energy bills high despite the rising role of wind and solar

The Independent UK

Donald Trump calls the biggest oil surge since 1983 a ‘very small price to pay’ – ‘only fools’ would disagree

Ain’t that reassuring?

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Investors priced in a 6-week Iraq War, but it lasted 8 years and cost $3 trillion. They’re doing it again

Oil is over $100 per barrel, Iran has a new supreme leader, and the White House has no exit strategy. What does history say?

Fortune

Donald Trump urges tankers to ‘show some guts’ in Strait of Hormuz as oil prices surge

President Trump urged tanker crews navigating the Strait of Hormuz to "show some guts," asserting that Iran's naval capabilities have been significantly diminished. He stated there is "nothing to be afraid of" as global oil prices surged over $100 per barrel due to fears of supply disruptions.

The Times of India

Easter and summer holidays: Expensive flights because of the Iran war?

Flight tickets are rising due to the war in Iran. German holidaymakers must be prepared for higher prices when booking their Easter and summer holidays. Some European destinations and early booking could be worthwhile in this situation.

Euronews

Donald Trump Labels Critics 'Fools' as Oil Prices Surge Past $100 Amid Iran War, Middle East Energy Production Plummets

Donald Trump suggests that oil prices will decrease rapidly after addressing Iran's nuclear threat, despite current spikes due to Middle East tensions.

International Business Times UK

Dollar Moves Higher on Latest Oil Price Spike

The dollar index (DXY00 ) today is up +0.27%. The dollar is seeing support from today's upward spike in oil prices to the $100 per barrel area, which is hawkish for Fed policy. Also, higher oil prices are beneficial for the dollar since the US is the world's largest oil-producing...

Barchart

Trump Dismisses Oil Spike Fears and Calls Critics 'Fools' as Other Countries Scramble for Oil Reserves

US President Trump downplays the crisis, calling it a minor sacrifice for global security. But the recent escalation in the Middle East has led to a significant rise in oil prices, prompting an emergency meeting among G7 leaders.

International Business Times UK

The two major money worries from Middle East instability

INDEPENDENT MONEY: Business and Money Editor Karl Matchett explains how Middle East instability could push up energy bills and mortgage rates – and what it might mean for your finances – in the latest Independent Money newsletter

The Independent UK

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Fortune

Odds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns

“The U.S. economy and stock market are stuck between Iran and a hard place currently.”

Euronews

Why blocking Hormuz could threaten the world's food supply

While most of the world is focused on the impact of oil disruptions in the Strait of Hormuz, the current blockade could also pose long-term risks to the global food supply.

Frugal Gardening

March Fungal Diseases to Watch For

March marks the moment when gardens wake up, but fungi wake up too. Damp soil, melting frost, chilly nights, and bursts of daytime warmth create a dream environment for plant diseases that thrive on moisture and instability. While gardeners often focus on planting schedules and soil preparation, fungal threats quietly…

International Business Times

Key Factor of Iran War is Plunging World Economy Into Unprecedented Energy Crisis, Analyst Says

Experts are warning that the world is headed for an unprecedented energy crisis due to the Iran war and threats to shipping in the Strait of Hormuz.

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MyLifeXP

6 Everyday Foods Quietly Raising Your Heart Attack Risk

Heart attacks rarely arrive without warning. But the warning signs are often invisible. Many people believe heart problems come only from obvious unhealthy foods like deep-fried snacks or greasy fast food. The reality is far more surprising. According to vascular surgeons, some of the most common foods people eat every…

The Independent UK

Dow plummets and oil prices soar on tenth day of Trump’s Iran war

IN FULL

Latin Times

French President Macron Announces 'International Mission' To Reopen Strait Of Hormuz: 'Purely Defensive'

French President Emmanuel Macron announced on Monday an "international mission" to escort ships across the Strait of Ormuz and help reopen the key waterway as energy prices soar as a result of the war in Iran.

Evening Standard

SNP calls for emergency cost-of-living support as prices expected to rise

The price of oil rose over 100 dollars per barrel for the first time since 2022, while the FTSE 100 Index dropped 2% soon after opening on Monday.

Everybody Loves Your Money

Why Gas Prices Spike During Middle East Conflicts — And How Long It Usually Lasts

A missile launch thousands of miles away can push the price of gasoline up before the next morning commute even begins. That reality surprises many people, yet global oil markets react with lightning speed whenever tension rises in the Middle East. Traders, governments, and energy companies all watch the region…

Barchart

Stocks Fall as Oil Prices Spike up to $100 Per Barrel

The S&P 500 Index ($SPX ) (SPY ) today is down -0.9%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.2%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.9%. March E-mini S&P futures (ESH26 ) are down -1.3%, and March E-mini Nasdaq futures...

The Conversation

How the U.S.-Israel attack on Iran helps Russia in its war against Ukraine

The American and Israeli attacks on Iran and the confusion within the United States over the war’s objectives are making headlines.

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