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The Latest Breaking News from Oil

Fuel duty hike could be scrapped if Middle East war drags on, Miliband suggests

The Energy Secretary said the Government will ‘stand by the British people’ as ministers consider whether to ditch a planned rise in fuel duty amid surging oil prices

Evening Standard

Oil Prices Surge Again as Middle East Supply Risks Mount, Pressuring Markets

Oil prices continue to act as a major macro driver in the short term, boosting energy sector stocks while dragging on growth‑oriented sectors and reinforcing investor caution across global markets.

International Business Times

UAE Reports Early Sunday Missile Attack As Iran Says US Used Its Territory For Strikes

Debris from an intercepted Iranian drone struck a major oil facility at the port of Fujairah, sparking a fire and leading authorities to temporarily halt some oil‑loading operations at the strategic export hub.

International Business Times

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Trump says US may keep bombing ‘totally demolished’ Iranian oil facility ‘just for fun’

IN FULL

The Independent UK

Beyond the strait: why attacks on Kharg Island could keep oil prices high

Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran war

The Guardian - UK

Iran continues strikes on Gulf states day after US threatens oil facilities

Bahrain, Saudi Arabia and the UAE warned people that they were working to intercept incoming projectiles, a day after Iran called for port evacuations, threatening for the first time a neighbouring country’s non-US assets.

Euronews

So, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next

With gas prices up 11%, rationing being debated in California, and a dozen countries already restricting fuel, the 1970s playbook is back. Here's what it looked like then, and what it could look like now.

Fortune

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Everyone in the know is using these bestselling Korean skincare buys – and you can snap them up at Amazon

From a bestselling collagen jelly to trending glass-skin face masks, these are the K-beauty buys that need to be on your radar...

Woman & Home

Middle East War Day 16: UAE and other Gulf countries report fresh attacks; Kuwait airport hit

Explosions rocked Dubai as Iran claimed missile and drone strikes on the UAE's Al Dhafra airbase. Kuwait International Airport also reported drone impacts damaging radar, though no injuries occurred. These actions follow Iran's warnings and accusations of UAE ports being used for attacks on its oil facilities, escalating regional tensions.

The Times of India

After attacks on Iran's oil facilities, toxic black rain endangers the public

Black rain fell in Iran's capital after airstrikes on oil facilities sent up dark clouds of toxic smoke

The Independent UK

Trump urges US allies to send warships to Strait of Hormuz as Iran vows to retaliate

Iran has warned people to evacuate three major ports in the United Arab Emirates, including the busiest in the Middle East, as its war with the U.S. and Israel enters its third week

The Independent UK

Trump says Iranian oil facility is ‘totally demolished’ but US may continue to bomb it ‘just for fun’

U.S. president has called on allies to send ships to the Strait of Hormuz to help keep the critical shipping channel open

The Independent UK

South Central 66: LPG crisis fears and why Opposition wants impeachment of CEC Gyanesh Kumar

In the first segment of this week’s South Central, hosts Dhanya Rajendran and Pooja Prasanna discuss the LPG crisis and what that could mean for India going forward. They are joined by energy journalist and policy expert Shreya Jai, and climate journalist and researcher Aruna Chandrasekhar.

Newslaundry

‘Just for fun’: Trump signals fresh US strikes on Iran’s Kharg Island

US President Donald Trump indicated potential further strikes on Iran's Kharg Island oil export hub, stating previous actions "totally demolished" most of its oil infrastructure. While reporting strikes on military facilities, Trump warned energy infrastructure could be targeted if Iran disrupts shipping through the Strait of Hormuz.

The Times of India

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MyLifeXP

Why Govt Suddenly Stopped LPG Refills for PNG Homes

For many Indian families, a cooking gas cylinder is part of daily life. You book a refill, the delivery arrives, and the kitchen keeps running smoothly. But now, a new rule has quietly changed that routine. The government has announced that households with Piped Natural Gas connections can no longer…

The Guardian - AU

‘Blue-sky flood’ as waters reach outskirts of Longreach – as it happened

This blog is now closed

AAP

Interest rate hike 'no slam dunk' amid Iran uncertainty

Traders and economists widely expect the Reserve Bank to lift interest rates but uncertainty over the Iran war could convince the board to keep them on hold.

The Times of India

Strait of Hormuz open? Iran FM says key oil route closed only to 'enemies'

Iran's foreign minister stated the Strait of Hormuz remains open to all nations except the US and Israel, following US airstrikes. He asserted that while many ships avoid the passage due to security concerns, this is not Iran's doing. Meanwhile, former President Trump urged global powers to send warships to…

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The Guardian - US

Trump says US may strike Iran’s Kharg Island oil export hub ‘just for fun’

In comments to NBC News, US president also deflates hope of deal with Tehran, saying ‘terms aren’t good enough’

The Independent UK

UK could send minehunter drones to Strait of Hormuz and is ‘intensively’ looking at options to unblock key route

Energy secretary Ed Miliband says there is ‘a range of things’ the UK could do to secure the route after Donald Trump urged allies to send warships to defend key shipping route

Evening Standard

Military chiefs mulling use of minehunter drones amid Iran oil blockade

Donald Trump on Saturday urged the UK and other nations to send naval vessels to help secure the Strait of Hormuz.

The Times of India

Another fire hits Gulf energy infrastructure: Sharjah petroleum storage blaze ignites security fears amid Iran vs US-Israel war

A fire at a petroleum storage facility in Sharjah's Sajaa Industrial Area was brought under control late Saturday night. Emergency services responded swiftly to contain the blaze, believed to have been triggered by a tank leak. No casualties were reported but the incident highlights regional security concerns surrounding energy infrastructure.

The Times of India

'Must take care': Trump urges nations to send warships to Strait of Hormuz as conflict with Iran intensifies

Former US President Donald Trump urged global nations to deploy warships to secure the Strait of Hormuz amidst Iranian retaliation. He stated the US would assist in coordinating efforts to ensure smooth passage for oil shipments. Trump also indicated the US would take strong action against Iranian vessels.

The Independent UK

US Energy secretary directs oil company to restore operations off California

U.S. Energy Secretary Chris Wright has directed a Texas-based oil and gas company to restore operations in waters off southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act

Axios

Trump claims international coalition to send war ships to reopen strait of Hormuz

U.S., Israeli and Western officials say the situation at the strait has been the key concern for the Trump administration in recent days.

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