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The Latest Breaking News from Oil

Dollar Supported by Concerns of a Protracted Iran War

The dollar index (DXY00 ) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the...

Barchart

Trump appears to relax oil blockade on Cuba as Russian tanker arrives

US president says he has ‘no problem’ with countries sending oil to Cuba, in potential lifeline to island nation

The Guardian - UK

Stocks Rebound as T-note Yields Tumble

The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...

Barchart

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Ukraine allies sent ‘signals’ against Russian oil strikes

IN FULL

The Independent UK

Reeves urged to follow Europe’s example and protect consumers amid spiralling fuel prices

Diesel price hits highest level since December 2022, prompting more calls for No 10 to protect consumers

The Independent UK

Starmer hosts business chiefs as Trump ratchets up threats to Iran’s oil

US president Donald Trump has threatened to wipe out Iran’s oil infrastructure unless a deal is done to open the Strait of Hormuz.

Evening Standard

'We didn't participate': Iran rejects Pakistan's mediation role

Iran has rejected any suggestion that it is engaging in mediation efforts hosted by Pakistan, insisting it has not taken part in any such diplomatic initiative even as pressure mounts to end the escalating conflict in the region.

The Times of India

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Current price of oil as of March 30, 2026

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

Fortune

Cotton Starting off Monday with Gains

Cotton prices are up 55 to 69 points so far. Futures posted gains of 3 to 45 points on Friday, with a weekly gain of 215 points for May. The US dollar index was $0.337 higher at $100.045. Crude oil saw some late session buying up $6.68 on the day...

Barchart

'Will conclude lovely stay...': Trump threatens to wipe out Iranian energy sites, says talks ongoing with ‘new’ regime

President Trump revealed serious discussions with a "new, more reasonable" Iranian regime, but issued a stark warning: "completely obliterate" Iran's oil facilities, power plants, and Kharg Island if a deal isn't reached soon. He claimed "great progress" in negotiations, while threatening severe retaliation for past Iranian actions. Tehran, however, denies…

The Times of India

Trump threatens to obliterate Iran's Kharg island oil hub if no deal reached 'shortly'

About 90% of Iran’s crude oil exports leave the country via the small island in the Persian Gulf's north, much of it destined for China and other Asian markets.

Euronews

Russian Tanker Arrives In Cuba After Trump Doesn't Enforce U.S. Blockade: 'Not Going To Matter'

A Russian tanker arrived in Cuba this week after President Donald Trump said he wouldn't enforce the U.S.'s oil blockade on the island.

Latin Times

Diesel price hits highest level since December 2022

The fuel has hit 181.2p a litre on average at UK forecourts, according to the RAC.

Evening Standard

Trump wants to take Iran’s oil and thinks seizing Kharg Island would be easy, but the military warns a quagmire beckons

Trump’s dream scenario could lead to a bloodbath

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International Business Times UK

Robert Kiyosaki Says US Boomers Face a Wave of Homelessness as Inflation to Wipe out Social Security

Robert Kiyosaki warns that US baby boomers face mass homelessness as hyperinflation threatens to liquidate Social Security. The Rich Dad Poor Dad author labels the Federal Reserve a 'criminal organisation' amid rising US stagflation risks. Financial experts fear the US-Iran war will drive oil prices higher despite efforts to open…

Evening Standard

White van man ‘bleeding cash’ as diesel price disparity hits new high

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz, sparking rising pump prices.

The Independent UK

Photos show the effects of the Iran war on global energy worldwide

Iran’s attacks on the energy infrastructure of the Middle East and its stranglehold on the Strait of Hormuz has sent oil prices skyrocketing and given rise to growing concerns about a global energy crisis.

The Guardian - UK

First Thing: Iran accuses US of plotting ground assault while publicly seeking talks

Tehran says it will confront any land attack, as Trump says regime’s export hub on Kharg Island could be taken ‘very easily’. Plus, how Americans can rebuild their country’s once robust peace movement

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The Times of India

Watch: Massive blaze engulfs Israeli oil refinery after Hezbollah claims attack

A massive blaze erupted at an Israeli oil refinery in Haifa on Monday after a fresh wave of missiles was detected. Hezbollah claimed responsibility for launching a barrage of advanced missiles targeting a naval base in Haifa, indicating a coordinated escalation on multiple fronts. It was not immediately clear whether…

The Guardian - US

Trump’s Iran war is holding him hostage

If there is any consistency to Trump’s policy, it is a series of frantic attempts to justify his original blunder and extricate himself from its dire consequences

The Guardian - US

Trump to revoke protections for endangered species in Gulf of Mexico

President is convening so-called ‘God squad’ to override provisions of Endangered Species Act for ‘national security’

Barchart

Bear Call Spread Opportunities for March 30

Stocks continue to come under serious selling pressure as the Iran War rages on and oil prices spike.

Times Life

Chaitra Purnima 2026: Date, Puja Vidhi & Divine Significance

The Full Moon day or Purnima is believed to be a deeply sacred opportunity to worship Chandra Dev. Falling on the waxing moon’s 15th day, devotees observe fasts and perform auspicious rituals on this day. Furthermore, this day is also considered as the best time period to express our reverence…

Euronews

TotalEnergies made $1bn profit from Middle East oil bet as war disrupts prices

The French energy giant is reported to have dominated the Middle East crude market in March, snapping up dozens of oil cargoes as wartime disruptions created a historic opening for traders.

Evening Standard

I do not trust Swinney to control Scotland’s energy, says Badenoch

The Tory leader touted her party’s new campaign to ‘get Britain drilling’ in the hopes of increasing energy security.

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