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The Latest Breaking News from Oil

Maxine Peake among 200 figures urging British Museum to support Palestine

The letter comes amid reports that the museum has removed the word ‘Palestine’ from several of its gallery displays.

Evening Standard

TACO vs Tehran: Who will blink first—Trump or Khamenei?

On Day 11 of the US-Iran war, President Trump claims devastating military losses and a swift end, while Iran signals prolonged resistance. This conflict is evolving into a test of endurance, with Iran aiming to outlast Washington and Israel through attrition and disruption, while Trump faces domestic pressure from rising…

The Times of India

'More fun to sink them': Trump recounts exchange with US military after strike on Iran navy ships

US President Donald Trump said American forces sank dozens of Iranian naval vessels during the ongoing conflict with Iran, remarking that US military officials preferred destroying the ships rather than capturing them. Speaking about the attacks, Trump said he had questioned why the vessels were not seized instead of sunk.

The Times of India

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Essential Supplements And Vitamins To Keep Your Pets Healthy And Happy

Pets are more than companions. They are family members who fill our lives with love, joy, and companionship. Just like humans, pets need proper nutrition to stay healthy and thrive. While a balanced diet is crucial, sometimes it is not enough to meet all their nutritional needs. This is where…

Times Pets

Senator begs Israel to stop attacking oil assets, citing humanitarian reasons, but we all know it is just about the oil

Pleads with Netanyahu to "be cautious about what targets you select".

We Got This Covered

Stock Index Futures Turn Lower as Bond Yields Climb

March S&P 500 E-Mini futures (ESH26) are down -0.15%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.14% this morning, giving up earlier gains driven by President Trump’s remarks on the Iran war as Treasury yields climbed.

Barchart

Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz

Only two vessels not linked to Iran or Russia have braved ‘chicken run’ since US president’s promise on Friday

The Guardian - UK

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Saudi Aramco Warns Iran War Could Have ‘Catastrophic Consequences’ for Global Oil Markets

Saudi Arabia’s state oil giant, Saudi Aramco, has warned that the escalating conflict involving Iran could trigger severe disruptions in global oil markets, particularly if shipping through the critical Strait of Hormuz continues to be affected.

Whats Hot

How the US–Iran War Is Impacting India’s Oil, LPG and LNG Supply: 10 Key Points

Oil, LPG and LNG form the backbone of India’s rapidly growing economy. However, the ongoing tensions in West Asia and the closure of the Strait of Hormuz, a key global maritime oil route, have created disruptions in energy supplies. The conflict involving the United States, Israel and Iran has intensified…

Whats Hot

Watchdog urged to clamp down on heating oil costs after 1.7m UK homes hit by soaring bills

Prices have doubled since the US-Iran war broke out with the Conservatives urging the competition watchdog to ensure ‘fairness’ for customers

The Independent UK

Scrapping North Sea windfall tax would not reduce UK energy bills, say experts

Rachel Reeves said to be considering levy cuts for oil and gas firms, but economists say this would just fatten profits

The Guardian - UK

Is Crude Oil Price Going Down Soon Amidst Iran Conflict? Trump Declares 'War Is Almost Over'

Oil prices surged amid Iran conflict fears but fell after Donald Trump said the war could end soon, easing concerns about supply disruptions in the Strait of Hormuz.

International Business Times UK

Oil prices fall as Trump floats possible sanctions relief

Oil markets got their first significant relief in days as Trump signalled Washington could ease sanctions on some countries to cool crude prices.

Euronews

Newsletter: War fears, oil markets and EU energy battles

Also in this newsletter: Fico warns Slovakia may block EU's Ukraine loan if Orbán loses election.

Euronews

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The Times of India

Iran war: Oil surge, midterms worry Trump advisers as they push for an exit plan

Amidst surging oil prices and upcoming mid-term elections, President Trump has reportedly been advised to seek an exit plan from the Middle East. Advisors are urging him to articulate that military objectives have largely been achieved, as polls indicate public opposition to the ongoing conflict.

Axios

Why oil price spikes (probably) won't spur shift away from oil

Energy transitions hinge on stable policies and market signals that last for decades.

Axios

A world at war: Iran conflict goes global

This isn't World War III. But it may be the closest we've come in decades.

Evening Standard

Oil prices fall and stock markets rebound on hopes of end to Iran war

The price of Brent crude dropped sharply in Tuesday trading, sliding by 16% to 83.1 US dollars a barrel when London’s markets closed.

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Evening Standard

EU buying Russian oil would be ‘utterly despicable’ – Ireland’s deputy premier

Vladimir Putin has reportedly said his country is willing to work with European customers amid an energy crisis caused by the Iran war.

Evening Standard

Average five year fixed mortgages surge past 5% as Iran war fallout hits homeowners

FTSE 100 shot up around 150 points in an early trading “relief rally” in the City

Evening Standard

Donald Trump's Iran war is making Britain poorer, warns Nigel Farage's Reform UK amid oil cost turmoil

Petrol prices, mortgage rates and oil home heating costs are rising as the UK economy is rocked by the fall-out from the Middle East conflict

The Guardian - AU

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies, experts say

Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears

The Guardian - AU

Qantas hikes international air fares citing volatile oil prices from war in Middle East

Airline reports spike in ticket sales to Europe in March, as passengers with carriers affected by flight chaos rebook

Euronews

Oil prices: Drivers rush to fill tanks in China before fuel price hike

Drivers queued at petrol stations in Nanjing ahead of a nationwide fuel price increase set to take effect at midnight as global oil prices surged above $100 per barrel.

Evening Standard

US launches 'most intense day of strikes' on Iran yet as Tehran attacks countries across Gulf

Secretary of War Pete Hegseth said the US ‘will not relent until the enemy is totally and decisively defeated’

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