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The Latest Breaking News from Oil

Australian shares edge lower amid Mideast conflict

Ongoing conflict between Israel and Iran continues to worry investors after US President Donald Trump called for people in Tehran to evacuate.

AAP

Supreme Court to hear appeal from Chevron in landmark Louisiana coastal damage lawsuits

The Supreme Court will hear an appeal from Chevron, Exxon and other oil and gas companies that lawsuits seeking compensation for coastal land loss and environmental degradation in Louisiana should be heard in federal court

The Independent UK

I’ve switched to a plant-based electric toothbrush and will never look back

The Suri brush uses corn starch and castor oil in its recyclable brush heads

The Independent UK

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

Stocks Settle Higher on Possible De-Escalation of Israel-Iran War

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.94%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.42%. June E-mini S&P futures (ESM25 ) are up +1.00%, and June E-mini Nasdaq futures...

Barchart

Here's why oil markets are relatively muted from the Israel-Iran conflict

The biggest key is that Israel has yet to touch Iran's oil-exporting facilities.

Fortune

Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

Jeff Buchbinder, chief equity strategist for LPL Financial, says the U.S. market is holding up well.

Fortune

Crude Prices Turn Lower as Iran Seeks to End Hostilities

July WTI crude oil (CLN25 ) Monday closed down -1.21 (-1.66%), and July RBOB gasoline (RBN25 ) closed down -0.0077 (-0.35%). Crude oil prices surged by +5% initially on Sunday night as the Israel-Iran conflict entered its fourth day. However, crude prices gave up their advance and fell sharply on...

Barchart

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Grain Market Bulls Look to Extend Friday’s Rallies, but Speed Bumps Are Ahead

Potential weather scares and boiling geopolitical tensions face off against bullish technicals in grains.

Barchart

Donald Trump repeats call for Russia to be readmitted at G7 summit in Canada

US president said Ukraine war would not have happened if Moscow had not been thrown out in 2014 over Crimea

The Guardian - UK

Kosmos Energy (KOS) Gets a Boost Amid Crude Surge and Unusual Options Activity

As geopolitical tensions drive oil higher, KOS stock sees increased options volume and a rare market sequence pointing to a potential upside move.

Barchart

'You worry': fears in Iranian community after bombing

Iranians in Australia say there is growing community fear over the safety of family members caught up in escalating violence in the Middle East.

AAP

I’m a beauty writer and these are the SPFs I’m taking to Greece (with 30% off)

The scent alone is enough to make you reach for these skincare saviours

The Independent UK

Crude Prices Retreat as Iran Seeks to End Hostilities

July WTI crude oil (CLN25 ) today is down -2.42 (-3.32%), and July RBOB gasoline (RBN25 ) is down -0.0238 (-1.07%). Crude oil prices surged by +5% initially on Sunday night as the Israel-Iran conflict entered its fourth day. However, crude prices gave up their advance and fell sharply on...

Barchart

Stocks Rally as Iran Signals it Wants an End to Hostilities

The S&P 500 Index ($SPX ) (SPY ) is up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.49%. June E-mini S&P futures (ESM25 ) are up +1.11%, and June E-mini Nasdaq futures (NQM25...

Barchart

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The Guardian - AU

Middle East crisis risks igniting inflation. Here are the markets to watch out for in Australia

Interest rate cuts still likely, experts say, but oil and gold prices are up and the share market is likely to remain volatile

Barchart

Stocks Rebound on Hopes Israel-Iran Conflict Will be Contained

The S&P 500 Index ($SPX ) (SPY ) is up +0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM25 ) are up +0.91%, and June E-mini Nasdaq futures (NQM25...

The Guardian - UK

Iran and Israel crisis: what does it mean for the price of oil?

Banks and forecasters say price trajectory will depend on how far the military and humanitarian crisis escalates

Al Jazeera

What would an Israel-Iran war mean for the global economy?

As attacks between Israel and Iran persist, the global economy could face an adverse shock if tensions aren’t contained.

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RideApart

Be Careful, Honda Riders, There's a Big Recall On 3 Models Right Now

American Honda is recalling some 2025 Africa Twin 1100s, Rebel 1100s, and XL750 Transalps due to a bolt manufacturing issue that could leak oil onto the rear tire.

Fortune

Stock markets are ignoring the war as they wait for the Fed

Here’s a snapshot of the action this morning prior to the opening bell in New York.

Euronews

European stock markets opened higher despite escalating Israel-Iran conflict

The major European stock indexes opened slightly higher while oil prices stayed elevated due to the uncertainty around the Israel-Iran crisis.

The Guardian - UK

Israel issues Tehran evacuation order as Iran threatens to leave nuclear weapons treaty

Euronews

Israel-Iran crisis: How vital is the Strait of Hormuz for oil market?

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and LNG. Experts warn that even the threat of closure could rattle markets and push energy prices sharply higher.

The Independent UK

Will a spike in oil price mean I pay more for my flight or holiday?

Tour operators can add 8% to the cost of a package – but they must show their working

The Guardian - UK

Bank unveils green loans plan to unlock trillions for climate finance

IADB’s proposals involve lenders using public money to buy up renewable energy loans in poor countries

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