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The Latest Breaking News from Oil

This Mediterranean-style diet could keep your brain sharp as you age – new study

The Mediterranean diet – rich in olive oil, fish, vegetables and legumes – has long been linked to better heart health. Growing evidence suggests it may also help support brain health as we age, with a brain-focused variation of the diet drawing increasing scientific attention.

The Conversation

Trump needs an exit strategy in Iran as $100 oil looms over the midterms

Everything you need to know before you reach the office this morning.

Fortune

Pune Eatery’s ‘Orange-Haired Man’ Jibe Over LPG Price Hike Goes Viral

As tensions between Iran and the United States ripple across global markets, their impact is being felt far beyond geopolitical corridors—reaching even small eateries in India. Rising crude oil prices, exacerbated by disruptions in key transit routes like the Strait of Hormuz, have driven up the cost of essentials such…

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S&P Futures Waver as Concerns Over Middle East Conflict Persist, U.S. PMI Data in Focus

June S&P 500 E-Mini futures (ESM26) are trending up +0.02% this morning, swinging between gains and losses as optimism over a de-escalation in the Middle East conflict wanes.

Barchart

First time buyers face £1200 jump in mortgage bills as war in Iran brings havoc to market

Lenders have been forced to reprice their deals faster than at any time since the mini-Budget in 2022 because of the turmoil in the gilts market

Evening Standard

Is the World Heading for an Energy Lockdown in 2026? Oil Prices, Blackouts, and What's Really Coming

The crisis stems from escalating conflict involving the United States, Israel, and Iran, with the Strait of Hormuz emerging as the critical choke point.

International Business Times UK

How Much Oil Does India Have? Government Shares Big Update

Prime Minister Narendra Modi on Tuesday addressed the implications of the ongoing West Asia conflict on India’s fuel security, assuring the nation that adequate measures are in place to maintain uninterrupted supplies.

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How popular tourist destinations outside of the Middle East are being affected by the Iran conflict

Many Asian countries are heavily reliant on oil that passes through the Strait of Hormuz, and some popular tourist destinations are now enacting measures to limit fuel consumption as the conflict enters its fourth week.

Euronews

Rubio to testify in friend's trial over Venezuela oil deal

The Miami trial sheds light on the unseemly world of shadowy foreign influence efforts in Latin America.

Axios

How Is Texas Pacific Land’s Stock Performance Compared to Other Oil & Gas Stocks?

Texas Pacific Land has outshined other Oil & Gas players lately, and Wall Street remains optimistic about the stock.

Barchart

Hunt for ‘blood oil inside traders' who made millions from Trump’s halt on energy strikes in Iran war

In Britain, the City watchdog is being urged to investigate if there has been any insider trading here linked to Trump’s war

Evening Standard

More North Sea drilling will put UK at mercy of fossil fuel markets, ministers say

Ed Miliband says only clean power will provide ‘energy sovereignty’ amid opposition calls for oil and gas expansion

The Guardian - UK

Locals told to shelter after huge explosion at Texas oil refinery

IN FULL

The Independent UK

The Oil Crisis You Haven't Heard About: Why Vietnam, Bangladesh, and the Philippines Face an Energy Emergency

The US-Israel-Iran conflict impacts global oil markets, causing fuel shortages in Southeast Asia. Discover how Vietnam, Bangladesh, and the Philippines manage the crisis and its effect on supply chains and oil prices.

International Business Times UK

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International Business Times UK

Valero Oil Refinery Explosion: Why the Fire Could Send Shockwaves Through US Gas Pumps

A massive explosion at Valero Oil Refinery in Port Arthur, Texas, has caused a fire and economic concerns. Learn about the impact on gas prices and the ongoing investigation.

The Guardian - UK

Energy price shock and interest rate rises could cause ‘pronounced’ UK recession, economist warns – as it happened

Morgan Stanley warns that UK could fall into a recession at the turn of the year, if energy prices remain high and Bank of England hikes interest rates

International Business Times UK

Trump Pauses Iran Strikes for Five Days After Announcing 'Productive Talks' — But Iran Denies Any Direct Contact

Stay updated on the US-Iran conflict as President Trump pauses military action, claiming productive talks despite Tehran's denial. Learn how this affects global oil prices and market trends.

The Times of India

Is Ghalibaf Iran’s next leader backed by US? Who Trump is really talking to

The Trump administration is reportedly exploring Iran’s parliament speaker Mohammad Bagher Ghalibaf as a potential interlocutor — and even a possible future leader — as it signals a shift from military pressure to a negotiated endgame.

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Caixin Global

Business Brief (March 24): China Adjusts Fuel Prices Amid Middle East Tensions

China responds to Iran oil security question; Chinese drone maker DJI sues Insta360 over patents it says involve core technology

The Independent UK

Politics latest: Reeves’ energy bill support plan branded ‘unbelievably weak’ and ‘waste of time’

Zak Polanski says chancellor ‘does not understand the scale of the cost of living crisis about to hit this country".

Evening Standard

FTSE 100 Live 24 March: Shares mixed as oil tops $100, manufacturing costs soar

The oil price today stayed above $100 a barrel amid mixed signals over the Middle East conflict.

Euronews

Iran launches strikes against Israel and Gulf states after denying talks with US

Tehran continued to launch strikes against targets in the region, after denying the US president's claims of "very good" talks between the two sides to end the Iran war.

International Business Times UK

US-Iran War Update: Could Trump's 'Strait of Hormuz Will Open Soon' Claim Signal a Peace Overture or a Bluff?

President Trump's potential peace move with Iran and its impact on the Strait of Hormuz. How this could affect global oil prices

The Times of India

Weaponising Strait of Hormuz is 'economic terrorism': UAE minister warns of global fallout

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC) said on Monday that weaponising the Strait of Hormuz is an act of 'economic terrorism' while highlighting the global consequences that affect far…

The Independent UK

Spring has arrived: These are the vegetable recipes to cook right now

As British spring begins, it’s time to swap slow winter cooking for something fresher. These simple recipes – from a bright asparagus tart to a rustic galette and a classic quiche – make the most of the season’s best vegetables, with just enough richness to still feel satisfying

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