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The Latest Breaking News from Oil

Oil price falls as Iran says Strait of Hormuz ‘completely open’

The announcement came as Sir Keir Starmer and Emmanuel Macron led talks in Paris to safeguard the oil and gas shipping route after the Iran war.

Evening Standard

Household energy bills ‘set to rise by lower-than-first feared’ in July

Wholesale energy costs are not seen coming back down to pre-war levels until the Strait of Hormuz is reopened

The Independent UK

Fuel prices dip for first time since start of Iran oil crisis

The RAC said ‘drivers will be relieved’.

Evening Standard

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

Current price of oil as of April 17, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Cotton Rally Continuing on Friday Morning

Cotton price action is up 60 to 75 points on Friday morning. Futures continued the rally on Thursday, with contracts closing 11 to 71 points higher on the session. The US dollar index was $0.184 higher at $98.035. Crude oil was up $1.90 on the day. USDA Export Sales data...

Barchart

Inflation Shock Ahead? Get Ready for Impact

An inflation shock is coming, but it may not be long-lived. The best thing for investors to prepare for is summer volatility - nothing new about that.

MarketBeat

Britain Is One of the Most Vulnerable Countries in Europe for Jet Fuel; IEA Says Flights Could Be Cancelled From May

Europe faces a jet fuel shortage, raising concerns about potential flight disruptions. The UK is particularly vulnerable due to its reliance on imported fuel and limited refining capacity.

International Business Times UK

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Sanctions don’t result in regime change. Whether against Iran or Russia, western countries need shrewder tactics

Dissent cannot take hold in soil rendered barren by emigration and embargo. Political opposition needs academic and cultural exchange if it is to prosper, says Guardian columnist Simon Jenkins

The Guardian - UK

Crypto tolls in the Strait of Hormuz shows why bitcoin thrives in times of crisis

Bitcoin has long been promised to function as money. In practice, it rarely does.

The Conversation

Why Are Fridays in the Commodity Complex Easy to Predict?

As I've said before, the job of analyzing markets has grown much easier given the repetitive cycle of market drivers.

Barchart

Europe Is on the Brink With Only About Six Weeks of Jet Fuel Left: IEA Energy Chief Issues Dire Warning

Europe may face flight cancellations as jet fuel supplies dwindle due to the Iran conflict and Strait of Hormuz closure, warns the International Energy Agency.

International Business Times UK

Hormuz standoff shows no signs of letting up for vital shipping to resume from Gulf

Maritime traffic in the Strait of Hormuz remained at minimal levels on Friday resulting in a giant parking lot, as the US-Iran standoff continues with the same cautious approach since Monday.

Euronews

Flying soon? What the jet fuel crisis means for travellers and airlines

Jet fuel prices have roughly doubled since the war in Iran began – and shortages could start next.

Euronews

Keir Starmer arrives in Paris for Strait of Hormuz talks

The Strait of Hormuz has been blockaded by Iran since the US-Israeli strikes on the country began, threatening world oil supplies.

Evening Standard

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Player One

'Roblox Oil Empire' Codes April 2026: Drill Deeper to Be Richer

New "Roblox Oil Empire" codes offer free Rainbow Packs and cash boosts, helping players grow faster in this popular tycoon game.

GOBankingRates

Trump Blocks Iran Ports, Sending Prices Soaring on Oil, Fertilizer and More

Trump's blockade of Iranian ports are disrupting global supply chains, risking higher fuel, fertilizer and food costs higher.

The Independent UK

Rachel Reeves unveils oil drilling plan for North Sea

IN FULL

The Independent UK

Latest £100 home heating oil grant set to be paid out by ‘summer at earliest’

Sir Keir Starmer confirmed Northern Ireland will receive a £17 million package in support for home heating oil costs

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Euronews

Iran war energy shock drives nuclear power plans in Asia and Africa

The Iran war has exposed the fragility of global fossil fuel supply chains. Now dozens of countries across Asia and Africa are turning to nuclear power as their answer.

Evening Standard

£100 home heating oil grant to be paid out by ‘summer at earliest’

Communities Minister Gordon Lyons has urged the UK Government to act with measures that can be delivered rapidly to help those struggling with costs.

The Guardian - UK

Colombia convenes climate ‘coalition of the willing’ to break global fossil fuel deadlock

Santa Marta conference born out of frustration at Cop summits, where renewable progress has been stalled by major polluters

Euronews

Europe-led coalition prepares mission to reopen Strait of Hormuz

A group of more than 40 countries is meeting in Paris to finalise early plans to reopen the Strait of Hormuz. The France and UK-led coalition insists the operation will only kick in when the war is over. Countries say they are ready to send warships, personnel and demining support.

AAP

By-election sparked by MP's death ignites fuel debate

A by-election date has been confirmed after an MP's sudden death, triggering debate about a state government's handling of the fuel crisis.

Times Pets

Holistic Nutrition Plans for Stress-Free and Healthy Pets

What is Holistic Pet Nutrition?

A variety of natural foods used to create balanced and nutritious meals for pets.

Holistic nutrition means looking at your pet as a whole considering their age, breed, lifestyle, emotional health, and environment. It combines natural foods, proper feeding habits, and mindful care to…

The Independent UK

Bulletin AM briefing: Hantavirus cruise ship to set sail for Canary Islands amid deadly outbreak

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