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The Latest Breaking News from Oil

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From a bestselling collagen jelly to trending glass-skin face masks, these are the K-beauty buys that need to be on your radar...

Woman & Home

Middle East War Day 16: UAE and other Gulf countries report fresh attacks; Kuwait airport hit

Explosions rocked Dubai as Iran claimed missile and drone strikes on the UAE's Al Dhafra airbase. Kuwait International Airport also reported drone impacts damaging radar, though no injuries occurred. These actions follow Iran's warnings and accusations of UAE ports being used for attacks on its oil facilities, escalating regional tensions.

The Times of India

After attacks on Iran's oil facilities, toxic black rain endangers the public

Black rain fell in Iran's capital after airstrikes on oil facilities sent up dark clouds of toxic smoke

The Independent UK

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Trump urges US allies to send warships to Strait of Hormuz as Iran vows to retaliate

Iran has warned people to evacuate three major ports in the United Arab Emirates, including the busiest in the Middle East, as its war with the U.S. and Israel enters its third week

The Independent UK

Trump says Iranian oil facility is ‘totally demolished’ but US may continue to bomb it ‘just for fun’

U.S. president has called on allies to send ships to the Strait of Hormuz to help keep the critical shipping channel open

The Independent UK

South Central 66: LPG crisis fears and why Opposition wants impeachment of CEC Gyanesh Kumar

In the first segment of this week’s South Central, hosts Dhanya Rajendran and Pooja Prasanna discuss the LPG crisis and what that could mean for India going forward. They are joined by energy journalist and policy expert Shreya Jai, and climate journalist and researcher Aruna Chandrasekhar.

Newslaundry

‘Just for fun’: Trump signals fresh US strikes on Iran’s Kharg Island

US President Donald Trump indicated potential further strikes on Iran's Kharg Island oil export hub, stating previous actions "totally demolished" most of its oil infrastructure. While reporting strikes on military facilities, Trump warned energy infrastructure could be targeted if Iran disrupts shipping through the Strait of Hormuz.

The Times of India

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Why Govt Suddenly Stopped LPG Refills for PNG Homes

For many Indian families, a cooking gas cylinder is part of daily life. You book a refill, the delivery arrives, and the kitchen keeps running smoothly. But now, a new rule has quietly changed that routine. The government has announced that households with Piped Natural Gas connections can no longer…

MyLifeXP

‘Blue-sky flood’ as waters reach outskirts of Longreach – as it happened

This blog is now closed

The Guardian - AU

Interest rate hike 'no slam dunk' amid Iran uncertainty

Traders and economists widely expect the Reserve Bank to lift interest rates but uncertainty over the Iran war could convince the board to keep them on hold.

AAP

Strait of Hormuz open? Iran FM says key oil route closed only to 'enemies'

Iran's foreign minister stated the Strait of Hormuz remains open to all nations except the US and Israel, following US airstrikes. He asserted that while many ships avoid the passage due to security concerns, this is not Iran's doing. Meanwhile, former President Trump urged global powers to send warships to…

The Times of India

Trump says US may strike Iran’s Kharg Island oil export hub ‘just for fun’

In comments to NBC News, US president also deflates hope of deal with Tehran, saying ‘terms aren’t good enough’

The Guardian - US

UK could send minehunter drones to Strait of Hormuz and is ‘intensively’ looking at options to unblock key route

Energy secretary Ed Miliband says there is ‘a range of things’ the UK could do to secure the route after Donald Trump urged allies to send warships to defend key shipping route

The Independent UK

Military chiefs mulling use of minehunter drones amid Iran oil blockade

Donald Trump on Saturday urged the UK and other nations to send naval vessels to help secure the Strait of Hormuz.

Evening Standard

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The Times of India

Another fire hits Gulf energy infrastructure: Sharjah petroleum storage blaze ignites security fears amid Iran vs US-Israel war

A fire at a petroleum storage facility in Sharjah's Sajaa Industrial Area was brought under control late Saturday night. Emergency services responded swiftly to contain the blaze, believed to have been triggered by a tank leak. No casualties were reported but the incident highlights regional security concerns surrounding energy infrastructure.

The Times of India

'Must take care': Trump urges nations to send warships to Strait of Hormuz as conflict with Iran intensifies

Former US President Donald Trump urged global nations to deploy warships to secure the Strait of Hormuz amidst Iranian retaliation. He stated the US would assist in coordinating efforts to ensure smooth passage for oil shipments. Trump also indicated the US would take strong action against Iranian vessels.

The Independent UK

US Energy secretary directs oil company to restore operations off California

U.S. Energy Secretary Chris Wright has directed a Texas-based oil and gas company to restore operations in waters off southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act

Axios

Trump claims international coalition to send war ships to reopen strait of Hormuz

U.S., Israeli and Western officials say the situation at the strait has been the key concern for the Trump administration in recent days.

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The Mary Sue

As Iran war rages, White House ignores Ukraine’s game-changing drone proposal

Ukraine is currently awaiting White House approval for a significant drone production agreement that Kyiv proposed last year, according to Ukrainian President Volodymyr Zelenskyy. This deal is significant, especially as countries worldwide are scrambling to modernize their air defenses after the ongoing Iran war highlighted some serious shortcomings in current…

Fortune

'Peak war panic' will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn't want to make a deal with Iran yet

"The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame."

The Times of India

Evacuate ports, docks in Dubai, Abu Dhabi, Fujairah: Iran warns; claims 'American hideouts' in UAE emirates 'used' to strike oil hub Kharg Island amid war with US-Israel

Tensions surge as Iran warns residents to evacuate UAE ports, including Dubai and Abu Dhabi, claiming they are used by US forces. This unprecedented threat follows US strikes on Iran's oil hub, escalating fears of a wider regional conflict. The warning highlights the vulnerability of vital economic centers and global…

International Business Times UK

Trump Reduced to Begging China, the UK, and Allies He Once Scorned to Send Warships as Hormuz Crisis Spirals

Trump publicly urged China, the UK, France and other allies he once alienated to send warships to the Strait of Hormuz as Iran's blockade chokes global oil supplies.

The Times of India

Force majeure explained: Why Gulf countries are invoking it amid Iran vs US-Israel war

Middle East conflict triggers force majeure declarations from Gulf energy producers like Qatar, Bahrain and Kuwait. Attacks and shipping disruptions in the Strait of Hormuz have halted oil and gas exports, causing global price spikes and supply chain concerns amid Iran vs US-Israel war. This legal clause highlights the immediate…

The Guardian - AU

Rate rises, helium shortages, EV sales spikes: how is the disruption in Iran’s strait of Hormuz affecting Australia?

The ‘largest supply disruption in history’ due to the US-Israeli war on Iran is affecting prices from plastic to jet fuel to fertiliser

The Times of India

Donald Trump rejects Middle East mediation to end Iran war: Report

Middle Eastern allies' diplomatic efforts to end the two-week Iran war were rebuffed by the Trump administration, with both Washington and Tehran appearing set for an extended conflict. Iran rejected any ceasefire until US and Israeli strikes ceased, while the US focused on weakening Tehran's military capabilities. The war has…

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