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The Latest Breaking News from Oil

How Iran could retaliate after US bombs its nuclear program

It could be days or weeks before the full impact of the U.S. strikes on Iran's nuclear sites is known

The Independent UK

How could Iran respond to the U.S. attack on key nuclear sites? Its options are the ‘strategic equivalent of a suicide bombing,’ expert says

“They can strike U.S. embassies and bases, attack oil facilities in the Persian Gulf, mine the Strait of Hormuz, or rain missiles on Israel—but the regime may not survive the blowback.”

Fortune

Scotland's 'bucking international trends' on investment. Is that a good thing?

BILLIONS of pounds are set to flow out of Scotland due to foreign investment figures celebrated by the Scottish Government ...

The National (Scotland)

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Spotlight on inflation as state treasurers come clean

Monthly inflation data and state budget updates are set to dominate the economic agenda and shape the Reserve Bank's next cash rate call.

AAP

Sean ‘Diddy’ Combs kept astonishing collection of baby oil and lubricant in humidity-controlled case

As part of evidence presented during his sex trafficking trial, it has emerged Sean ‘Diddy’ Combs kept his astonishing collection of baby oil and lubricant in a humidity-controlled case.

BANG Premier

Nigerian monarch demands $12 bn for clean-up before oil giant Shell exit

An influential traditional chief in Nigeria's oil-rich Niger Delta has demanded that UK energy giant Shell pay $12 billion for environmental pollution before it leaves the region.

Radio France Internationale

Crude Prices Slip as US Holds Back from Iran Attack

July WTI crude oil (CLN25 ) Friday closed down -0.21 (-0.28%), and July RBOB gasoline (RBN25 ) closed up +0.0209 (+0.91%). Crude oil and gasoline prices settled mixed on Friday, with gasoline posting a 10-1/4 month high. Friday's weaker dollar was bullish for energy prices. Crude oil prices turned lower...

Barchart

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Weak retail sales and falls in key oil and drug stocks stifle FTSE 100

The FTSE 100 index closed down 17.15 points, 0.2%, at 8,774.65.

Evening Standard

Crude Prices Pressured on Reduced Concern About an Imminent US Strike on Iran

July WTI crude oil (CLN25 ) today is down -0.26 (-0.35%), and July RBOB gasoline (RBN25 ) is up +0.0057 (+0.25%). Crude oil and gasoline prices today are mixed, with gasoline posting a 10-1/4 month high. Today's weaker dollar is bullish for energy prices. Also, concern about the Israel-Iran conflict...

Barchart

Trump’s first term lies at the heart of escalation between Iran and Israel

The US president, Donald Trump, is weighing up whether to join Israel in attacking Iran. The fact he is even contemplating such a move is, in my opinion, a direct consequence of his 2018 decision to tear up the agreement negotiated during Barack Obama’s presidency that limited Iran’s nuclear capabilities…

The Conversation

These 3 Dividend Stocks Combine Strong Yields With Upside

These three high-yield dividend stocks are well-positioned to deliver a strong return, making them attractive to both income and growth-oriented investors

MarketBeat

Nigerian communities set to have oil pollution High Court claims tried in 2027

Members of the Bille and Ogale communities began legal action in 2015, claiming they have suffered systemic and ongoing oil pollution for years.

Evening Standard

EU squeezes Russia financially to reach ‘peace through strength’ in Ukraine

After banning Russian oil in 2022, the EU proposes phasing out Russian gas and maximising profits from Russian assets.

Al Jazeera

Wall Street reports 65% chance that U.S. will intervene in Iran. Goldman Sachs says OPEC will be key buffer in oil volatility

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there’s a 50% chance of a deal being reached this year.

Fortune

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The Texas Tribune

Texas creating task forces to target Permian Basin oil field thefts

Texas lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.

International Business Times

Crude Sinks As Trump Delays Decision On Iran Strike

Oil prices tumbled Friday and equity traders fought to end a volatile week on a positive note after Donald Trump said he would consider over the next two weeks whether to join Israel's attacks on Iran.

Creative Bloq

How to achieve expressive life drawing an an iPad

Artist Rick Graham shows us how he captures a live figure session using an iPad app that replicates real paint.

The Conversation

Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

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The Independent UK

Tinned fish: The surprisingly sexy new status symbol

FOOD FOCUS: Once a sad back-up for beans on toast, tinned fish is now a chic deli staple, an Instagram collectable – and surprisingly expensive. Hannah Twiggs meets the man behind the tins everyone’s showing off

The Independent UK

Asian shares are mixed and oil gains as world waits to see if US will join Israel's war against Iran

Crude oil prices have climbed and Asian shares are trading mixed as markets await more clarity on whether or not the U.S. will join Israel’s war against Iran

AAP

Australian stock market snaps five-week winning streak

The ASX200 has retreated from last week's record highs as tariffs, conflict in the Middle East and global economic headwinds weigh on investors.

The Independent UK

California is to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador

The California Senate has introduced a landmark resolution to have the state examine its crude imports from the Amazon, following a visit this week by Indigenous leaders from Ecuador who urged lawmakers to help stop oil expansion in their territories

Latin Times

Clandestine Cartel Oil Refinery Raided by Mexican Authorities

The refinery fits a pattern long associated with fuel theft and money laundering by criminal groups in Mexico, especially the Jalisco New Generation Cartel (CJNG).

The Independent UK

These foods might be spiking your blood pressure without you knowing, doctors say

High blood pressure can result in heart disease and stroke

Barchart

Sugar Futures Remain Bearish- Can the Sweet Commodity Rally?

World sugar futures have been in a bearish trend since November 2023, making lower highs and lower lows. The price of the continuous ICE futures contract recently probed below 16 cents for the first time since April 2021. However, one factor could cause a recovery over the coming weeks and…

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