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The Latest Breaking News from Oil

Free rides for some as petrol pump pain continues

Free public transport will be offered across two states to offset petrol price pain and soaring demand amid the global oil crisis.

AAP

Kemi Badenoch to launch ‘Get Britain Drilling’ campaign amid living cost hikes

The Conservatives will put the campaign at the heart of their proposals for bringing down the spike in energy prices.

Evening Standard

Badenoch dismisses calls for fuel rationing as her North Sea oil drilling proposal branded ‘dangerous fantasy’

Tory leader’s plans branded ‘a dangerous fantasy’ by campaigners

The Independent UK

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

Some major US airlines may ‘not survive’ unless oil prices come down soon, experts warn

Jet fuel prices have ‘more than doubled in the last three weeks,’ United Airlines’ CEO warned

The Independent UK

Badenoch criticised for ‘peddling dangerous fantasy’ about North Sea oil drilling

Conservative leader expected to call for government to lift suspension on licences in drive to reduce energy prices

The Guardian - UK

Oil spill deals economic blow to fishermen in the Gulf of Mexico

A major oil spill off the Gulf of Mexico has spread more than 373 miles or 600 kilometers across the ocean and seeped into seven nature reserves

The Independent UK

Houthi Entry Into Iran-Israel War Stokes Fresh Alarm Over Red Sea Trade Routes and Global Oil Prices

Iran-backed Houthis fired missiles at Israel for the first time since the month-old war began, raising fears of renewed Red Sea shipping disruption and surging oil prices.

International Business Times UK

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Dollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the 'petroyuan' as U.S. security shield weakens

"The world saves in dollars in large part because it pays in dollars," Deutsche Bank said.

Fortune

The psychology of panic buying: what prompts consumers to start stockpiling – and how do we stop it?

The scarcity heuristic, exploited by advertisers to trigger impulse buys, can cause panic buying. But telling consumers not to panic, may make them panic more

The Guardian - AU

A Houthi missile attack on Israel stokes fears of renewed Red Sea shipping strikes

Iranian-backed Houthi rebels in Yemen have launch missiles toward Israel and raised fears of new attacks on Red Sea shipping

The Independent UK

Spring Houseplant Pests Are Waking Up, But This $17 Organic Spray Gets Rid of Them Instantly – and Leaves Your Plants Looking Glossy

Shoppers say it even has a pleasant scent

Homes & Gardens

Texas Gas Prices Hold Steady While Other States Climb — What’s Keeping Costs Down?

If you’ve been watching gas prices lately, you’ve probably noticed something strange—costs are rising across much of the U.S., but Texas gas prices are still...

Saving Advice

One Of The Ships Carrying Russian Oil In The Atlantic Arrived In Venezuela Rather Than Cuba

One of two ships carrying Russian oil that appeared to be heading to Cuba arrived in Venezuelan waters, according to a new report.

Latin Times

How EVs could be part of answer to UK’s fuel reserve worries

More use of two-way charging will earn money for owners and could avoid the need to expand North Sea oil drilling

The Guardian - UK

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The Guardian - UK

‘Dangerously moreish’: the best supermarket Easter eggs, tasted and rated

With an egg-cellent roster on offer, which chocolate treats are the most moreish and which aren’t worth shelling out on?

International Business Times UK

Gold Price Gains: Bullion Rises To $4,550 Despite Turkey's 60-Ton Sell-Off Shock

Gold prices have clawed back above $4,500 an ounce, heading for their first weekly gain since the Iran war began, even as Turkey's central bank dumped 60 tonnes of bullion.

International Business Times UK

Oil Price Update: Brent Crude Hits $107.81 Per Barrel Following $2 Daily Gain

Brent crude climbed to $107.81 per barrel on Thursday, extending a steep month-long rally that is reviving concerns about inflation and fuel costs.

The Conversation

Trump’s ‘God Squad’ pits energy vs. endangered species, but it’s a false choice – protecting wildlife can be good for business

There’s a well-worn debate in U.S. politics that goes something like this: Would you rather have abundant and affordable energy or a clean, healthy planet where wildlife can flourish?

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news in one place.

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Kiplinger

I Bought a House With Solar Panels. What Do I Do With Them Now?

The $20 utility bills are definitely a "pro."

The Independent UK

Thailand strikes deal with Iran for safe oil passage through Strait of Hormuz, PM says

Development would alleviate concerns over fuel imports, Thai PM says

Fortune

Iran's Hormuz toll booth points toward an L-shaped price plateau, not the V-shaped recovery traders want

True market clarity will emerge only when we shift our focus from fleeting financial reactions to the physical engineering realities that power the globe.

The Times of India

One month of Iran war: Tehran's defiance turns Trump's regime-change dream into nightmare

On February 28, what began as Donald Trump’s “dream” project to topple Iran’s regime under Ali Khamenei now appears to have shifted into a pressing push for a “deal”, a term the US president frequently invokes, aimed at reopening the vital oil chokepoint, the Strait of Hormuz.

Euronews

Yemen's Houthis say they carried out their first military operation targeting Israel 'successfully'

Yemen’s Iran-backed Houthi rebels say they launched their first military operation targeting Israeli military positions in support of Iranian and Hezbollah resistance efforts. The group said its attacks will continue until Israel halts its military offensives on all fronts.

Fortune

An uneasy mix of celebration and anxiety dominates the ‘Davos of energy’ as the month-long Iran war further disrupts the global economy

The longer the Iran war lasts the more long-term demand destruction, inflation, and a global recession take hold.

The Guardian - UK

Hundreds of North Sea licences granted by Tories ‘produce only 36 days of gas’

Exclusive: Findings cast doubt on claims new drilling would help cut bills and boost energy security, researchers say

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