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The Latest Breaking News from Oil

Iran war has 'material impact' on inflation, ECB's Lagarde warns

ECB holds rates, warning Middle East tensions and oil risks could push inflation higher. Baseline sees 2.6% in 2026, but energy shocks could lift it to 3.5% or 4.4%, depending on how long supply disruptions persist.

Euronews

Stocks Retreat as Inflation Fears Push Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) today is down -0.43%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. March E-mini S&P futures (ESH26 ) are down -0.40%, and March E-mini Nasdaq futures...

Barchart

Looking for Safety and Yield as Oil Prices Whip Saw? This Stock Has You Covered.

As oil prices rise with increasing global uncertainty, this pharmaceutical stock emerges as a possible safe haven for income investors.

Barchart

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What is behind the Bank’s latest rates decision and inflation warnings?

Policymakers voted unanimously to keep rates at 3.75%, with cuts now looking to be off the table as the conflict in the Middle East escalates.

Evening Standard

Strikes on Gulf energy hubs threaten global LNG supply for months

Strikes on key Gulf energy sites are becoming more frequent and more damaging, beginning to unsettle supply and expose vulnerabilities across the region.

Euronews

Seven U.S. allies back potential Strait of Hormuz coalition

The U.K. led the charge, but the statement is only symbolic for now.

Axios

Oman’s foreign minister says war in Iran is Trump’s ‘greatest miscalculation’ in scathing attack

Badr Albusaidi said ‘this is not America’s war’ and criticised Washington for supporting Israel

The Independent UK

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Global stock markets slide as oil market volatility rattles investors

Increased targeting of oil and gas infrastructure in the Iran war is hitting trader sentiment hard as concerns mount that the current energy crisis is going to have a lasting impact on the global economy.

Euronews

Oil price surge is hurting African economies: scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa take stock

The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world’s oil…

The Conversation

Stocks Slump as Iran War Fans Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) today is down -0.66%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. March E-mini S&P futures (ESH26 ) are down -0.60%, and March E-mini Nasdaq futures...

Barchart

Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance, says Guardian columnist Larry Elliott

The Guardian - UK

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

The Guardian - UK

Starmer and European allies condemn Iran attacks in joint statement

The leaders expressed their ‘deep concern’ about the escalating conflict, calling on Iran to ‘cease immediately its threats’

The Independent UK

ECB keeps rates steady as rising energy prices fuel inflation concerns amid Iran war

The European Central Bank (ECB) kept its key policy rates on hold on Thursday, as fresh spikes in oil and gas prices threaten to derail recent progress in reducing inflation.

Euronews

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The Conversation

The West has long characterized Iran’s oil as a prize to be claimed

With the recent outbreak of hostilities in the Persian Gulf, the focus of international attention has returned to one of the world’s most important energy chokepoints: the Strait of Hormuz.

MarketBeat

Not Just Oil: 3 Fertilizer Stocks Boosted by Hormuz Closure

Fertilizer prices are starting to rise due to the Strait of Hormuz crisis, which benefits North American producers that can manufacture inputs domestically.

International Business Times UK

Trump Appears To Blame Israel After Iran Gas Field Strike Sparks Gulf Fears, Claiming They Acted Alone

Donald Trump seeks to distance the US from Israeli strikes on Iran's South Pars gas field as Gulf tensions rise and energy infrastructure comes under attack.

Radio France Internationale

'Europe must make itself heard' on Middle East war, says former EU commissioner

As EU leaders meet in Brussels for a high-stakes summit dominated by the war in the Middle East, Thierry Breton – former European commissioner for the Internal Market and France's former economy and finance minister – spoke to RFI about the current escalation and called on Europe to act in…

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The Independent UK

Asia scrambles to conserve energy as Iran war disrupts oil and gas supplies

Asian countries are racing to save energy and shield consumers as the war on Iran disrupts oil and gas flows

Fortune

Current price of oil as of March 19, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Frugal Gardening

How to Reduce Fungus Gnats Naturally

A cloud of tiny black flies hovering over a plant can ruin the entire vibe of a beautiful indoor garden in seconds. Those little pests don’t just look annoying, they signal a deeper issue happening right at the soil level. Fungus gnats thrive in damp conditions, and they turn overwatered…

Evening Standard

Iranian strikes on energy sites serious escalation of conflict, says John Healey

The Defence Secretary was speaking during a visit to Dreghorn Barracks in Edinburgh.

Barchart

The 2 Top Energy Stocks to Buy Now for Shelter in the Oil Price Storm

As oil supply disruptions return to center stage, these two energy stocks could emerge as timely winners in a shifting market landscape.

The Guardian - UK

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

Evening Standard

Flights alert: UK issues global travel disruption warning over Donald Trump’s Iran war

Airlines and passengers have been told about potential flight cancellations and delays over the Easter holidays

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