Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

‘Nothing off the table’ as Rachel Reeves considers ‘targeted support’ over energy costs

Chancellor does not rule out ditching planned fuel duty rise but tells MPs it is too early to gauge if consumers need extra help

The Guardian - UK

5 Signs Your Car’s Timing Belt Is About to Snap

An engine depends on perfect timing the same way a symphony depends on a conductor. Every valve opens at the exact moment it should, every piston moves in perfect rhythm, and everything stays beautifully synchronized—until the timing belt starts failing. When that belt snaps, chaos erupts inside the engine in…

Clever Dude

US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significant

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Soybeans Posting Double Digit Gains Early on Wednesday

Soybeans are trading with gains of 11 to 18 cents so far on Wednesday morning. Futures closed Tuesday with 5 to 7 cent gains across most contracts on Tuesday. Preliminary open interest rose 2,727 contracts on the day, mostly in the new crop. The cmdtyView national average Cash Bean price...

Barchart

Iran war has blocked the Strait of Hormuz, a vital oil chokepoint. Reopening it is a big challenge

Governments are working on plans to unblock vital oil chokepoint the Strait of Hormuz

The Independent UK

India rations cooking gas as Strait of Hormuz tensions choke supplies

Cooking gas shortages are already forcing eateries to close as industry bodies warn of widespread economic damage in a country that imports the bulk of its oil and gas. Namita Singh reports

The Independent UK

First Thing: US attacks Iran’s mine-laying boats in strait of Hormuz as tensions rise over oil

Iran’s IRGC has said it will not allow even ‘one litre’ to leave the region if US-Israeli attacks continue. Plus, how gen Z women are conquering country music

The Guardian - UK

Read news from The Economist, FT, and more,
with one subscription

Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that…

The Conversation

Oil Market Volatility Eases After Initial Supply Shock From Iran Conflict

Oil prices eased after briefly surging above $100 as fears of major supply disruptions from the Iran conflict began to calm.

International Business Times

Global Oil Supply at Risk As US Navy Refuses to Escort Commercial Tankers Through Hormuz in Fear of Iranian Attacks

The US Navy has declined daily shipping requests for military escorts through the Strait of Hormuz, citing the risk of Iranian attacks as too high amid the ongoing conflict.

International Business Times UK

Oil wars: West releases record 400 million barrels as Iran hits cargo ships in Strait of Hormuz

Meanwhile Tehran threatens to target banks and financial centres in Middle East as Chancellor Rachel Reeves issues warning on inflation and interest rates

Evening Standard

Germany, Austria say they'll release oil from reserves in response to 400 million barrel request

Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency request for its members to release 400 million barrels to help temper energy price spikes due to the Iran war

The Independent UK

Trump may claim the war is 'complete,' but Wall Street expects the Fed to stay hawkish on its effect long after the conflict has ended

Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic data for the April release cycle in May," Macquarie economists warned.

Fortune

Iran’s new supreme leader is injured but reportedly ‘safe' as traders sour on war exit strategy

Sentiment sours on war exit strategy.

Fortune

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Is Halliburton Stock Outperforming the Nasdaq?

Halliburton has surged past the Nasdaq Composite's gains over the past year, and analysts remain moderately optimistic about the stock’s future.

The Independent UK

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

The Chancellor indicated the government could intervene on energy costs if the conflict spiralled

Whats Hot

Iran Warns of Strikes on US- and Israel-Linked Economic Centres Across West Asia

Iran has issued a stark warning that it will target economic and banking centres connected to the United States and Israel across West Asia, following what it claims was an attack on an Iranian bank. The threat was delivered in a statement by the military’s central operational command, the Khatam…

Barchart

S&P Futures Waver as Middle East Conflict Uncertainty Persists, U.S. Inflation Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.09% this morning, swinging between gains and losses as uncertainty surrounding the Middle East conflict remains high, while investors await key U.S. inflation data.

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Trade disruption from Iran war ‘not good for the British economy’, Reeves says

The Chancellor called for rapid de-escalation of the conflict to protect the UK economy.

The Texas Tribune

Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas prices

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.

Evening Standard

MP warns of ‘blatant profiteering’ among home heating oil suppliers

Sudden volatility in the global oil trade due to Middle East disruption has caused prices to immediately soar.

The Guardian - UK

IEA orders largest ever release of stockpiled oil to reduce crude price

Members agree unanimously to release about 400m barrels amid market volatility caused by Iran war

The Times of India

Why Japan keeps the world’s third-largest strategic Oil reserve

As global energy markets face unexpected imbalance due to the Middle East rising tensions, Japan prepares to release oil to maintain surging costs. Holding the third-largest strategic reserve globally, as stated by the International Energy Agency (IEA), Japan's massive 254-day buffer serves as a critical shield against supply shocks. While…

Euronews

Energy Commissioner teases 'more measures' as prices soar on Iran war

EU energy chief says the executive can do more to abate prices while calling on member states to cut taxes on electricity immediately. Oil and gas prices have soared as a result of the war in Iran and its retaliation on the Gulf countries, halting the flow of energy along…

International Business Times UK

Why California Gas Is $5.29 Today: Iran War, Refinery Issues and Expert Predictions

California gas prices have surged to $5.29 per gallon due to the Iran war disrupting oil supplies, local refinery issues, and high taxes

1 … 228 229 230 231

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.