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The Latest Breaking News from Oil

How Much Will Gas Prices Go Up After Iran Conflict?

Oil prices jumped after the US strikes on Iran. Should drivers expect prices at the pump to jump, too?

Kiplinger

Bitcoin, Ethereum, XRP, Dogecoin Rebound As Week Opens - $103,000 Emerges As Key Battleground

Crypto markets opened the week in the green, buoyed by renewed institutional interest and strong ETF inflows. As geopolitical tensions ease and oil prices stabilize, risk-on sentiment is returning, fueling a rebound across major digital assets.

Benzinga

Oil Was Supposed To Soar On Iran Strikes—It Just Crashed Instead

Oil markets defied all expectations Monday, crashing more than 7% to $68 a barrel even as Iran launched a barrage of missiles at U.S. military installations in Qatar in retaliation for American strikes on Iranian nuclear facilities over the weekend.

Benzinga

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Oil prices pare back losses amid doubts over Israel-Iran ceasefire

Stock markets including FTSE 100 edge higher as traders hope conflict will not disrupt oil supplies

The Guardian - UK

Crude Prices Plunge as Iran's Retaliation Misses Energy Assets

August WTI crude oil (CLQ25 ) Monday closed down -5.33 (-7.22%), and August RBOB gasoline (RBQ25 ) closed down -0.1114 (-4.82%). Crude oil and gasoline prices on Monday gave up sharp overnight gains and then plunged Monday afternoon after Iran's retaliation for the US attack on the country's nuclear sites...

Barchart

Oil Flares, Bitcoin Wobbles: Why Crude Now Moves The Crypto Needle

Tensions in the Middle East aren't just fueling oil prices – they're shaking the crypto charts too. As Brent crude flirts with volatility, Bitcoin (CRYPTO: BTC) briefly dipped below $90,000 over the weekend before bouncing back Monday, a move that James Toledano, COO of Unity Wallet, says is anything but…

Benzinga

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

The conflict with Iran is the latest in a decadeslong series of regime change operations, long-term entanglements, and all-out wars that always seem to invite more problems.

Reason

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The Plunge in Crude Oil Undercuts Sugar Prices

July NY world sugar #11 (SBN25 ) Monday closed down -0.06 (-0.37%), and August London ICE white sugar #5 (SWQ25 ) closed down -7.60 (-1.60%). Sugar prices on Monday gave up an early advance and closed lower after a -7% plunge in crude prices (CLQ25 ) sparked long liquidation in...

Barchart

US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips

Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).

Benzinga

Donald Trump issues bizarre ultimatum, says ‘everyone’ who won’t lower oil prices is conspiring with ‘the enemy’

Everyone keeps oil prices down.

We Got This Covered

Orderly, coherent or flat-footed: PM rejects criticism

Anthony Albanese has dismissed suggestions he was "flat-footed" after US bombing raids on Iran, as he called for a ceasefire to hold between Iran and Israel.

AAP

The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it

About 20 million barrels of oil a day flow through the Strait of Hormuz, or the equivalent of 20% of global petroleum liquids consumption.

Fortune

7 Supplements That Interfere With Common Heart Medications

Supplements are everywhere—on store shelves, in influencer videos, and even recommended casually by friends. But if you’re taking medications for heart health, it’s not always safe to assume that “natural” means “harmless.” In fact, many over-the-counter supplements can cause dangerous heart medication interactions that impact blood pressure, rhythm, and even…

Grocery Coupon Guide

US Bonds Trailed S&P 500 For 5 Straight Years — Will Iran Shock Snap The Streak?

U.S. bonds are on track to log ten straight six-month periods of underperformance relative to stocks, a record-breaking stretch of underperformance since 2020 that’s rippling through markets and shaking up traditional investor portfolios.

Benzinga

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Evening Standard

Stocks falter but avoid sell-off after US strikes on Iranian nuclear sites

The FTSE 100 index closed down 16.61 points, 0.2%, at 8,758.04.

Benzinga

Crude Oil Falls 1%; US Services PMI Declines In June

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining over 50 points on Monday.

The Conversation

How might the US-Iran conflict escalate? Expert Q&A

On Sunday June 22, Donald Trump announced that several of Iran’s most important nuclear facilities had been “completely obliterated” and that the country’s nuclear weapons programme had been crippled. Iran denied this and vowed to retaliate. The Iranian parliament has already given approval to closing the strait of Hormuz, a…

The Independent UK

The Strait of Hormuz is a vital route for oil. Closing it could backfire on Iran

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most important oil chokepoint

Get all your
news in one place.

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Benzinga

Houston American Energy (HUSA) Stock Explodes 58% Monday: What's Going On?

Houston American Energy Corporation (NYSE:HUSA) shares are trading higher by 58% to $23.76 Monday morning, driven by intensifying geopolitical tensions in the Middle East that threaten global oil supply routes.

Euronews

China calls for global efforts to defuse tensions over vital Strait of Hormuz

Chinese foreign affairs spokesperson issued an appeal during a press briefing in Beijing following US calls for China to intervene with Iran on the vital global waterway.

Benzinga

How A Strait Of Hormuz Shock Could Ignite A Surge In Energy And Defense ETFs

The Strait of Hormuz, accounting for nearly a third of the world’s oil supply, is once again under geopolitical pressure, and ETF investors are rushing to reposition.

Grocery Coupon Guide

10 Things You Should Never Flush or Drain—But Most People Still Do

It may feel harmless to toss certain items down the drain or toilet and never think about them again. Out of sight, out of mind, right? Unfortunately, many everyday habits can quietly cause major plumbing problems, sewer backups, or even environmental damage. In fact, some of the most common things…

Barchart

Palantir, Nuclear Stocks, and the Put/Call Ratio: Key Stocks, Sectors, and Indicators on Watch After U.S. Strikes on Iran

After major geopolitical escalation in the Middle East over the weekend, here's what traders need to know this week.

Barchart

Crude Prices Erase an Early Advance as Iranian Retaliation Appears Limited

August WTI crude oil (CLQ25 ) today is down -0.73 (-0.99%), and August RBOB gasoline (RBQ25 ) is down -0.0129 (-0.56%). Crude oil and gasoline prices today gave up sharp overnight gains and turned lower on speculation that Iran's response to the US bombing of its nuclear sites is unlikely...

The Independent UK

Trump warns oil companies against ‘playing into hands of the enemy’ over prices

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