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The Latest Breaking News from Oil

Trump says charging countries to use Strait of Hormuz could be ‘joint venture’ with Iran: ‘It’s a beautiful thing’

Iran wants to keep charging commercial ships to pass through the waterway - a move that could be in breach international law but could reportedly rake in millions of dollars

The Independent UK

Dow Jones ends day on historic note as investors rush to buy after Trump’s Iran ceasefire deal

Market rebound comes as President Trump struggles with low approval ratings over his Iran war

The Independent UK

Did Watson Blow a Fuse With the Latest TACO Tuesday Trade?

After bouncing back and forth all day Tuesday, algorithms got the headline Tuesday night that the US president had backed off his threat to end Iran's civilization forever. Markets responded accordingly.

Barchart

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US-Iran war will still hit energy bills despite ceasefire, experts warn

Gas prices are ‘likely to stay elevated’ for some time, one consultant said

The Independent UK

Are You And Your Bike Ready For Spring? This Vintage Yamaha Is Just About There

No matter how old your bike is, it's good to check that all your maintenance items are ticked off the list before you head out for fun.

RideApart

Helium Stocks Soar on Conflict and Chip Demand: 5 Names to Know

Oil stocks aren't the only ones getting a huge boost from the conflict in Iran. See why helium stocks are also putting up big-time returns.

MarketBeat

Stocks Soar as US and Iran Agree to a Ceasefire

The S&P 500 Index ($SPX ) (SPY ) today is up +2.35%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.89%. June E-mini S&P futures (ESM26 ) are up +2.31%, and June E-mini Nasdaq futures...

Barchart

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Oil's Sharpest Slide In Years: How Rare Is This Kind Of Plunge And What It Signals

Experts note that while short-term relief has emerged, structural supply constraints and global demand trends may continue to drive volatility, highlighting the oil market's sensitivity to geopolitical risk.

International Business Times

Key Saudi Pipeline To Red Sea Hit By Iranian Drone Attack Despite U.S.-Iran Ceasefire Announcement

A key Saudi pipeline taking oil to the Red Sea was hit by a drone attack on Wednesday, hours after a regional ceasefire between the U.S. and Iran was announced, according to a new report.

International Business Times

Takeaways from AP’s story on how oil drilling is fueling a migrant surge in Brazil's Amazon

Exploratory oil drilling off the coast of Brazil’s Amazon rainforest is reshaping life in Oiapoque, a small city in the poor state of Amapa that is receiving thousand of migrants looking for work

The Independent UK

'I'm going there.' Oil drilling fuels a migrant surge in isolated city in Brazil's Amazon

Exploratory oil drilling off the coast of Brazil's Amazon rainforest are reshaping life in Oiapoque, a small city in the poor state of Amapa that is receiving thousand of migrants looking for work

The Independent UK

Reform calls for ‘every last drop’ of oil and gas to be extracted in UK

Energy spokesperson Richard Tice made the call at a press conference in Aberdeen.

Evening Standard

Current price of oil as of April 8, 2026

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

Fortune

Iran ceasefire has brought a sudden fall in oil prices – but this pause underscores the volatility in the market

Before the temporary ceasefire in the Gulf, the world had been experiencing the biggest oil price shock ever, surpassing even the crises of the 1970s. The scale and speed of movements were comparable to some of the most disruptive episodes in modern energy markets.

The Conversation

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Barchart

Cotton Falling in Early Wednesday Trade

Cotton price action is down 24 to 48 points on Wednesday morning. Futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil is down $19.46 so far this morning following a 2-week ceasefire between Iran and...

Barchart

Corn Facing Pressure to Start Wednesday as Oil Collapses

Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week...

Latin Times

Airfares Surge More Than 200% in Weeks as Iran War Drives Global Price Shock

Airfares on some international routes have surged by more than 200% in the past month as the war in Iran sends jet fuel prices soaring and forces airlines worldwide to pass costs directly to travelers.

International Business Times

Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly

World oil prices tumbled sharply Wednesday after President Donald Trump announced a framework ceasefire between the United States, Israel and Iran, easing fears of prolonged disruption to crude flows through the Strait of Hormuz and sending Brent crude futures plunging more than 13% in early trading.

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International Business Times

Dow Futures Surge Over 1,000 Points as Oil Tumbles on Trump Iran Ceasefire

U.S. stock futures soared early Wednesday while oil prices plunged after President Donald Trump announced a two-week ceasefire with Iran, contingent on Tehran allowing the safe reopening of the Strait of Hormuz, triggering a sharp relief rally across global markets and easing fears of prolonged energy disruptions from the five-week…

The Independent UK

Global energy system will be ‘profoundly transformed’ by Iran war, watchdog says

International Energy Agency chief says current shock driven by Iran’s blockade of Strait of Hormuz will accelerate shift towards renewable and nuclear power

International Business Times

Is Strait of Hormuz Open Now? Strait of Hormuz Partially Reopens Under Fragile US-Iran Ceasefire

The Strait of Hormuz, the narrow chokepoint that carries roughly one-fifth of the world's oil and liquefied natural gas, is no longer fully closed but remains heavily restricted as a two-week ceasefire between the United States and Iran took effect Tuesday, allowing selective "safe passage" for approved vessels while thousands…

International Business Times UK

Iran Ceasefire: Will Petrol Prices Finally Return To Normal This Week?

A fragile Iran ceasefire has reopened the Strait of Hormuz, driving oil prices down and raising hopes UK petrol costs may fall, but uncertainty lingers over whether relief will reach drivers.

Times Pets

Complete Guide to Pomeranian Dog Health Care and Coat Care for a Happy, Fluffy Companion

The Pomeranian is a tiny, fluffy dog breed that is well-known for its lovely double coat and energetic disposition. Maintaining the health of its coat is crucial for both appearance and general wellbeing. Maintaining a healthy, vitamin-rich diet is crucial for keeping fur soft, glossy, and free of common skin…

The Conversation

Canada and Mexico must work together to help Cuba survive its dire humanitarian crisis

The people of Cuba are facing an unprecedented humanitarian crisis due to the United States government’s energy blockade of the island nation. Although a Russian oil tanker recently passed through the blockade to deliver much-needed fuel, daily life remains precarious for ordinary Cubans, who are facing unemployment and shortages of…

MusicRadar

"There isn't one correct answer": 6 things you need you need know about how to clean and condition your guitar fretboard

A string change is the ideal opportunity to get your 'board back to its best

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