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The Latest Breaking News from Oil

Oil price expected to surge after Iran strikes and strait of Hormuz closure

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

The Guardian - UK

Middle East crisis: Oil tanker hit near Oman in Strait of Hormuz amid Iranian retaliation; 15 Indian nationals evacuated

An oil tanker, the Skylight, was attacked off Oman's coast, injuring four crew members and prompting an evacuation. This incident follows Iran's warning to close the vital Strait of Hormuz, a key global oil route. Shipping giants are suspending transit, and insurers are withdrawing cover, raising fears of severe global…

The Times of India

First oil tanker attacked in the Strait of Hormuz according to Oman

An oil tanker was attacked off the coast of Musandam in the Strait of Hormuz. Four people were injured and all 20 crew members were evacuated, according to Oman's Maritime Security Centre.

Euronews

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Iran State Media Confirms Khamenei Death As Tehran Retaliates And Region Braces For Escalation

State television confirms the supreme leader's death as the IRGC vows a "crushing response." Israeli defenses intercept incoming projectiles while U.S. forces move to heightened alert and oil prices rise amid escalating tensions.

International Business Times

What is the strait of Hormuz and why is it crucial for oil supplies?

Effective closure of the narrow waterway could spell trouble for many developed economies

The Guardian - UK

UAE announces petrol and diesel prices for March 2026: Are drivers paying the war tax amid Iran and US–Israel clashes?

UAE drivers will pay more for fuel in March 2026 as prices for Super 98, Special 95, E-Plus 91 and diesel see an increase. This rise, ending a brief dip, is attributed to global oil market pressures, including Middle Eastern geopolitical tensions. The monthly review aligns local rates with international…

The Times of India

US Strikes on Iran Could Possibly Trigger Oil Prices Shock of $10 to $20 per Barrel

Global energy markets are on edge as US-Iran tensions rise, potentially causing a $10-$20 surge in oil prices.

International Business Times UK

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2026 is the year I ditch gels and revive my damaged, paper-thin nails - here's how

Expert advice, treatments and tools to bring weak, brittle nails back from the brink

Woman & Home

UAE market stability, food prices, stock update amid Iran–US-Israel escalation: Panic buying in the emirates as oil prices surge?

Amidst escalating West Asian tensions, the UAE assures its markets and food reserves are secure. Authorities are actively monitoring supplies and maintaining price stability, with robust strategic reserves and diversified import routes. Residents are urged against panic buying, as the nation's preparedness ensures everyday life and commerce remain unaffected by…

The Times of India

Fuel price increase for customers ‘inevitable’ after US and Israeli strikes on Iran, warns AA

The US and Israel launched strikes against Iranian targets overnight, prompting retaliation by Tehran

The Independent UK

Fisch Oliver Boulder Quest Guide – All 5 Demolition Crew Locations

The Oliver is an NPC on the Lost Jungle Island who is waiting for a Demolition Crew from the Oil Rig POI to arrive in order to save his partner. However,

Pro Game Guides

South Sudan faces turmoil as former officials arrested in wave of detentions

A former finance minister of South Sudan is the latest former government official arrested in a wave of detentions that analysts say shows cracks in the government of President Salva Kiir, who also faces an armed rebellion

The Independent UK

Oil prices set for swings next week as US-Israel strikes raise supply uncertainty

Oil traders brace for big moves next week as the fallout from U.S. and Israeli strikes on Middle East oil supply stays unclear

The Independent UK

‘No ship allowed’: Iran blocks Strait of Hormuz; US urges ships to avoid Gulf after US-Israel strike

Vessels transiting the Strait of Hormuz are reportedly receiving radio warnings, attributed to Iran's Revolutionary Guards, stating passage is prohibited. This critical oil route, vital for global energy supplies, faces heightened tensions following recent regional strikes. Iran has not officially confirmed issuing such an order, raising concerns for commercial shipping.

The Times of India

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Axios

How the U.S. attack on Iran could shake oil prices

Americans are about to feel the impact of the military strikes.

Euronews

What does the US-Israel attack on Iran mean for oil prices?

The US and Israel launched a joint operation at Iran on Saturday morning. Iran retaliated as it had threatened, with explosions reported in the United Arab Emirates, Qatar, Bahrain and Kuwait, risking a wider conflict across the region.

The Conversation

US-Israeli attack on Iran risks plunging the world into turmoil

The US and Israel have launched extensive, coordinated attacks on numerous targets across Iran, prompting retaliatory strikes in the region. Donald Trump neither tried to obtain Congressional approval, nor did he pursue a United Nations security council resolution ahead of these actions. And the attack has come in the middle…

Marie Claire

I've Fallen Head Over Heels in Love With February’s Best New Beauty Products

Officially in a committed relationship with these launches.

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The Independent UK

Trump’s unprovoked attack on Iran risks terror, turmoil and the spread of nuclear weapons

NEWS ANALYSIS: Israel and America have attacked Iran without provocation – the consequences will be dire, as World Affairs Editor Sam Kiley reports

The Times of India

From oil to religion: Five things to know about Iran

Iran, an ethnically diverse, Shia-majority Islamic republic since 1979, possesses vast hydrocarbon reserves and a strategic location. Governed by a dual system of elected officials and clerical oversight, the nation faces economic strain from sanctions and structural challenges despite its energy wealth.

Woman & Home

The tried and tested new beauty launches our team deem worthy of being on your radar this month

From plumping lip tints to a clever root cover-up wand, these buys mark the créme de la créme of beauty newness this month

Euronews

'Something has to give': EU weighs options to lift Hungarian veto on Ukraine loan

Officials in Brussels are scrambling to find a solution to lift the Hungarian veto on the €90 billion loan to Ukraine. What options are on the table?

The Times of India

UAE petrol prices March 2026: Will February’s dip last? Here’s what you need to know

As motorists across the UAE wait for the March 2026 fuel price announcement, global oil markets are sending mixed signals. February brought relief at the pump, but a sharp rebound in crude prices, driven largely by renewed US-Iran tensions, is raising the possibility that March could reverse that trend.

The Times of India

Why lithium is not the answer to oil

Lithium's journey from the Big Bang to powering electric vehicles highlights unsustainable mining practices. The article argues for a Rights of Nature approach over critical minerals, criticizing oversized EVs and market-driven resource nationalism. True sustainability requires shifting from infinite growth logic to valuing nature's complexity, not just changing fuels.

Barchart

Cotton Sees Higher Trade on Friday

Cotton futures posted 25 point gains across the nearby contracts on Friday, with May down 2 points on the week. December was up 40 points this week. Crude oil futures were up $2.08 per barrel on the day at $67.29. The US dollar index was down $0.125 at $97.615. Commitment...

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