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The Latest Breaking News from Oil

Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba is preparing to receive its first shipment of Russian oil this year, just days after the government announced it was operating on natural gas, solar power and thermoelectric plants as severe power outages continue to hit an island whose power grid is crumbling

The Independent UK

Iran oil attacks trigger 35% gas price spike – and warning of interest rate rises

Iran’s attacks on energy facilities across the Gulf threaten to drag war into new phase

The Independent UK

Venezuela Used $64 Billion in Oil Wealth to Build Cuban-Led Repressive Security Apparatus, Report Says

Venezuela transferred an estimated $64 billion in oil wealth to Cuba over two decades, helping build a Cuban-led intelligence and security apparatus tied to political repression and social control, according to a new report.

Latin Times

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Stocks Continue to Slide on Energy Shock: Stock Market Today

Not even "exceptional" earnings and "stellar" guidance could save one of the hottest chip stocks from the shocks of 2026.

Kiplinger

The Middle East Oil Crisis Just Reached Japan's Snack Aisle and Wasabeef Is First to Go

No heavy oil, no boilers, no chips. The Middle East oil crisis is now food inflation news, and Japanese food trends may never look quite the same.

International Business Times

Trump Reportedly Considering Sending Thousands Of Additional Troops To Middle East To Strengthen Iran War Operation

The Trump administration is considering sending thousands of additional troops to the Middle East to support the war operation in Iran, according to a new report.

Latin Times

Thieves raid restaurant’s cooking oil in suspected biodiesel scam as fuel prices rocket

A pair of thieves were caught on camera stealing used cooking oil from a restaurant, in a raid thought to be prompted by soaring fuel prices.

The Independent UK

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U.S. Treasury Secretary Bessent Mulls Lifting Sanctions on Iranian Oil

Treasury Secretary Scott Bessent said that the Trump administration is considering temporarily lifting sanctions on roughly 140 million barrels of Iranian crude already sitting on tankers at sea.

International Business Times

Crude Oil Prices Erase Gains on Hopes US to Add Supplies to Oil Markets

April WTI crude oil (CLJ26 ) on Thursday closed down -0.18 (-0.19%), and April RBOB gasoline (RBJ26 ) closed up +0.0286 (+0.92%). Crude oil and gasoline prices fell back from early highs on Thursday and settled mixed, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is...

Barchart

War, oil, and an unpaid TSA: The perfect storm of travel chaos feels like the pandemic all over again

Flights face new disruption as war, oil costs, and TSA pay issues hit travelers

Fortune

Is U.S. Natural Gas Entering a New Era?

The wars in Ukraine and Iran have changed the global natural gas market. The U.S. was the top natural gas exporter in 2025, and exports are likely to continue increasing in the coming years.

Barchart

Markets keep the faith – but oil staying above $100 could test that optimism

FTSE 100’s modest retreat suggests investors underestimating inflationary impact if energy prices remain elevated

The Guardian - UK

2 Top-Rated Consumer Staples Stocks to Buy to Protect Your Portfolio From an Oil Price Shock

With global uncertainty rising, investors could snag these two top-rated consumer staples names that offer a blend of stability, income, and defensive strength.

Barchart

Iran says it will show ‘zero restraint’ if energy infrastructure is targeted again

Foreign minister issues warning after Israeli attack on South Pars gasfield, as Qatar reels from retaliatory strike

The Guardian - UK

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The Independent UK

The targeting of key Gulf energy infrastructure raises the risk of long-term disruption

Escalating attacks on key oil and gas facilities in the Persian Gulf have increased the risk of an extended bout of higher prices for everything from gasoline and electricity to computer chips and food

The Independent UK

Trump on Iran: ‘I’m not putting troops anywhere’ but ‘If I were, I certainly wouldn’t tell you’

Oil prices have spiked following multiple attacks on petroleum infrastructure by Iran and Israel

The Conversation

Targeting of energy facilities turned Iran war into worst-case scenario for Gulf states

The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18, 2026, with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since the conflict began.

Evening Standard

Stocks close down as oil rises and gold retreats

The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.

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Barchart

Cotton Showing Weakness on Thursday

Cotton futures are trading with losses of 57 to 95 points on Thursday’s midday. Crude oil is up $2.73 to $99.05, with the US dollar index down $0.393 to $99.480. The Export Sales report from Thursday morning showed a total of 196,691 RB of cotton sold in the week of...

Barchart

Soybeans Posting Midday Gains as Meal Rallies

Soybeans are trading with 5 to 7 cent gains so far on Thursday. The cmdtyView national average Cash Bean price is up 5 ¾ ents at $10.93 1/2. Soymeal futures are $11 to $13.20 higher on the day, with Soy Oil futures 6 points lower. The weekly Export Sales report...

Kiplinger

10 States With the Highest Gas Tax in 2026 and How Much You're Paying Per Gallon

Fuel costs are climbing nationwide. Here’s where drivers are paying the highest taxes per gallon and why gas prices are going up now

Axios

White House says it's not planning oil or gas export restrictions

Restricting exports would represent a sea change after years of expanding shipments.

Euronews

Russia pocketing billions from two weeks of war in Iran, data shows

Moscow's fossil fuel earnings hit €7.7 billion in the two weeks after joint US-Israeli strikes triggered the war in Iran, as the ongoing conflict has sent global oil prices skyrocketing and led the US to ease Russian sanctions.

Axios

The U.S. weighs lifting Iranian oil sanctions to keep price in check

Treasury Secretary Scott Bessent says that the U.S. may unsanction Iranian oil on the water.

Barchart

An Oil Shock, $2 Billion, and 133% Gains: 1 Energy Stock to Watch Now

TechnipFMC (FTI) hit new all-time highs earlier in March 2026. Shares are up more than 130% over the past 52 weeks. FTI maintains a 100% “Buy” technical opinion from Barchart and has strong technical momentum. Consensus analyst ratings are overwhelmingly positive, with multiple “Strong Buy” calls and price targets up...

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