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The Latest Breaking News from Oil

Iran and the Arabian Peninsula depend on desalination plants to survive – why water has become a target

The Gulf region has been defined by oil for decades. Tankers, pipelines and refineries have long been seen as the region’s most critical – and vulnerable – assets.

The Conversation

The war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that

The war’s global energy consequences could ripple far beyond its eventual end-date.

Fortune

Trump Temporarily Lifts Sanctions On Russia In Desperate Bid To Avoid Energy Crisis

President Trump has temporarily lifted oil sanctions against Russia as part of a desperate effort to stave off an energy crisis created by the war with Iran.

International Business Times

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Economy showed cracks pre-Iran attack, data shows

The economy was flashing stagflation signals even before the Iran conflict added an oil shock to the mix.

Axios

Jimmy Kimmel on Trump being gifted an Olympic medal: ‘Yet another award he didn’t win’

Late-night hosts addressed Melania Trump’s women’s history month speech, Maga’s Iran messaging and the ongoing oil crisis

The Guardian - US

Crude Oil Prices Underpinned as Iran War Rages On

April WTI crude oil (CLJ26 ) today is up +0.14 (+0.15%), and April RBOB gasoline (RBJ26 ) is up +0.0216 (+0.73%). Energy prices are moving higher today as news headlines whipsaw prices. Today's rally in the dollar index ($DXY ) to a 3.5-month high is weighing on crude prices. Also,...

Barchart

Should You Buy the Dip in GE Aerospace Stock Today?

GE Aerospace stock sinks as rising oil prices weigh on the broader market. But should you load up on GE shares on the pullback?

Barchart

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Rising Inflation Could Hit Your Budget Soon — Experts Share Simple Ways to Fight Back

Explore how geopolitical tensions and rising energy prices could affect UK household budgets, and discover strategies to mitigate the impact.

International Business Times UK

Where are Crude Oil Prices Heading?

Crude oil prices have surged after the U.S. and Israel attacked Iran, and Iran retaliated with attacks throughout the Middle East. Critical logistical chokepoints have become war zones, heightening supply concerns. Crude oil prices have been in a bullish freight train, but while the trend is higher, an end to…

Barchart

Rising Oil Prices Create an Opportunity in This 1 Undiscovered Stock

REX American Resources (REX) demonstrates strong technical momentum and is trading at new all-time highs. Shares are up 121% over the past 52 weeks. The stock maintains a 100% “Buy” technical opinion. Rising oil (CLJ26) prices position REX’s ethanol business as a compelling energy alternative. Today’s Featured Stock Valued at...

Barchart

Stocks Erase Early Gains on Iran War Anxiety

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. March E-mini S&P futures (ESH26 ) are down -0.19%, and March E-mini Nasdaq futures...

Barchart

How the Iran War Could Quietly Drain Your Bank Account?

Explore how rising global tensions, particularly involving Iran, are impacting UK households. Discover the ripple effects on fuel prices, mortgage rates, energy bills, and inflation, and learn how these changes could affect your everyday expenses.

International Business Times UK

Portugal's food basket cost at all-time high but not due to Iran war

The basket of food products monitored by the Portuguese Association for Consumer Protection reached an all-time high this week. However, the increase cannot yet be justified by the Iran war.

Euronews

France treads 'a fine line between defensive and offensive’ in Middle East

President Emmanuel Macron has condemned the attacks on Iran by the United States and Israel as a violation of international law, while France deploys military forces to protect its interests in the region and defend its allies hit by Iranian reprisals – a balancing act that could prove to be…

Radio France Internationale

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Barchart

Dollar Strengthens as Iran War Shows No Signs of Easing

The dollar index (DXY00 ) today is up by +0.28% and posted a new 3.5-month high. The dollar is climbing as the war in Iran shows no signs of easing, which threatens to keep crude oil prices elevated. Higher crude prices threaten the European and Japanese economies that rely on...

Barchart

Stocks Retreat From Initial Highs as Oil Prices Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. After initially opening higher, stocks are now mixed. WTI crude oil has rebounded off...

The Times of India

Cart of giant gold bars spotted in White House hallway during Donald Trump meeting. But why?

Massive gold bars, initially rumored to be seized from Nicolas Maduro, were displayed at the White House. The real story involves a new licensing deal between a Venezuelan state-owned mining company and Trafigura Group, aimed at re-integrating Venezuela into the global economy and boosting American industry.

The Independent UK

Zelenskyy says US 30-day waiver on Russian oil sanctions is 'not the right decision'

Ukrainian President Volodymyr Zelenskyy says the U.S. 30-day waiver on Russian oil sanctions amid the Iran war is “not the right decision” and won’t help bring a stop to Russia’s more than 4-year-old invasion of Ukraine

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The Times of India

‘Certainly does not help peace’: Zelenskyy says US easing of Russian oil sanctions could hand Moscow $10 billion for war

Ukraine's President Zelenskyy criticized a US decision to temporarily ease sanctions on Russian oil, warning it could provide Moscow billions for the war and undermine peace efforts. French President Macron echoed concerns, stating Russia is mistaken if it believes the Middle East conflict offers respite. The US claims the waiver…

The Independent UK

Iraq is caught in the crossfire of the Iran war, with attacks by both sides on its soil

Iraq is caught in the crossfire of the Iran war and is the only country facing strikes from both sides, threatening to drag the nation that has so far avoided two years of regional turmoil into a full-blown crisis

Evening Standard

UK calls for allies to keep pressure on Russia after US eases oil sanctions

No 10 said the decision ultimately lay with the US but that Britain remained committed to bringing ‘maximum’ financial strain on Moscow.

Euronews

EU pushes back on US decision to ease sanctions on Russian oil stranded at sea

The Trump administration's decision to allow the purchase of Russian oil stranded at sea was met with criticism in the EU, with Merz and Costa claiming the move undermines support for Ukraine at critical moment.

MarketBeat

3 Ways to Play Gold Amid the Ongoing Middle East Conflict

The Iran war may change investors' approach to gold, and these three ETFs are a good place to start for those looking to capitalize on new opportunities.

The Independent UK

How latest rise in oil prices will affect cost of petrol and inflation

Rising petrol, energy bills, food shop and mortgages- how the Iran war trickles down into your wallet

The Guardian - US

‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge

Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on Iran

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