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The Latest Breaking News from Oil

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

The Guardian - UK

Starmer and European allies condemn Iran attacks in joint statement

The leaders expressed their ‘deep concern’ about the escalating conflict, calling on Iran to ‘cease immediately its threats’

The Independent UK

ECB keeps rates steady as rising energy prices fuel inflation concerns amid Iran war

The European Central Bank (ECB) kept its key policy rates on hold on Thursday, as fresh spikes in oil and gas prices threaten to derail recent progress in reducing inflation.

Euronews

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The West has long characterized Iran’s oil as a prize to be claimed

With the recent outbreak of hostilities in the Persian Gulf, the focus of international attention has returned to one of the world’s most important energy chokepoints: the Strait of Hormuz.

The Conversation

Not Just Oil: 3 Fertilizer Stocks Boosted by Hormuz Closure

Fertilizer prices are starting to rise due to the Strait of Hormuz crisis, which benefits North American producers that can manufacture inputs domestically.

MarketBeat

Trump Appears To Blame Israel After Iran Gas Field Strike Sparks Gulf Fears, Claiming They Acted Alone

Donald Trump seeks to distance the US from Israeli strikes on Iran's South Pars gas field as Gulf tensions rise and energy infrastructure comes under attack.

International Business Times UK

'Europe must make itself heard' on Middle East war, says former EU commissioner

As EU leaders meet in Brussels for a high-stakes summit dominated by the war in the Middle East, Thierry Breton – former European commissioner for the Internal Market and France's former economy and finance minister – spoke to RFI about the current escalation and called on Europe to act in…

Radio France Internationale

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Asia scrambles to conserve energy as Iran war disrupts oil and gas supplies

Asian countries are racing to save energy and shield consumers as the war on Iran disrupts oil and gas flows

The Independent UK

Current price of oil as of March 19, 2026

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

Fortune

How to Reduce Fungus Gnats Naturally

A cloud of tiny black flies hovering over a plant can ruin the entire vibe of a beautiful indoor garden in seconds. Those little pests don’t just look annoying, they signal a deeper issue happening right at the soil level. Fungus gnats thrive in damp conditions, and they turn overwatered…

Frugal Gardening

Iranian strikes on energy sites serious escalation of conflict, says John Healey

The Defence Secretary was speaking during a visit to Dreghorn Barracks in Edinburgh.

Evening Standard

The 2 Top Energy Stocks to Buy Now for Shelter in the Oil Price Storm

As oil supply disruptions return to center stage, these two energy stocks could emerge as timely winners in a shifting market landscape.

Barchart

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

The Guardian - UK

Flights alert: UK issues global travel disruption warning over Donald Trump’s Iran war

Airlines and passengers have been told about potential flight cancellations and delays over the Easter holidays

Evening Standard

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International Business Times UK

US Markets Crash After Fed Keeps Rates Unchanged as Oil Price Shock Amid the Middle East Conflict Plays Out

Crippled energy infrastructure in the Middle East continues to drive up price and compels the US Fed to keep rate unchanged.

Euronews

Bank of England holds rate at 3.75% amid Iran war inflation fears

The Bank of England has held its main interest rate at 3.75% in the wake of rising oil and gas prices following the start of the Iran war.

Barchart

Cotton Slipping Back on Thursday Morning

Cotton prices are down 20 to 40 points early on Thursday morning. Futures crept lower into the Wednesday close, as contracts were down 1 to 18 points on the session. Crude oil was back up $3.61 to $99.82, with the US dollar index up $0.725 to $100.055. The Seam showed...

International Business Times UK

Iran Missile Attack on Qatar's Ras Laffan Threatens Global LNG Supply and Energy Security

Iran's missile attack on Qatar's Ras Laffan Industrial City, a key LNG hub, raises urgent global energy security concerns amid escalating Gulf tensions.

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The Independent UK

Blackouts and rationing: The Iran crisis is our wake-up call to just how vulnerable the UK is

INTERVIEW: This latest dilemma should prompt fresh thinking about how to rely less on other nations for energy, says Octopus founder Greg Jackson. But the answer isn’t just the North Sea: oil and gas aren’t the only way to keep the lights on. If other governments are taking alternatives seriously,…

The Independent UK

Bank of England unanimously votes to press pause on interest rates as Iran worries grow

City still thinks borrowing costs will fall – but not until later this year

The Guardian - UK

Stir-fries, crab cakes and carbonara: Georgina Hayden’s crab recipes

Sweet and delicate crab is a taste of spring. Here are five dishes perfect for lighter, sunnier days

Euronews

‘Sheer fantasy’: Why drilling the North Sea for oil won’t lower Europe’s soaring energy bills

Escalating conflict in the Middle East has emboldened calls for the UK to open up North Sea drilling licences.

The Independent UK

Iran war underscores risks of Trump's relentless focus on oil

The Iran war is underscoring the risks of President Donald Trump’s relentless focus on fossil fuels as he pursues what he calls American energy dominance

The Independent UK

Why Israel’s attack on the South Pars gas field in Iran is such a major escalation

Trump claims that he knows nothing about the Israeli strike that has prompted heavy retaliation from Tehran

The Guardian - UK

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

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