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The Latest Breaking News from Oil

Crude Oil Prices Soar on Israel's Attack on Iran

July WTI crude oil (CLN25 ) is up +4.20 (+6.17%), and July RBOB gasoline (RBN25 ) is up +0.0825 (-3.85%). Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%....

Barchart

Higher Gulf Oil Output Puts These Energy Names in Play

Today's economic cycle places a lot of high upside potential in the energy sector, sending waves of bullishness in these 3 names.

MarketBeat

Stocks Fall and Oil Rallies as Israel Attacks Iran

The S&P 500 Index ($SPX ) (SPY ) is down -0.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.05%. June E-mini S&P futures (ESM25 ) are down -0.79%, and June E-mini Nasdaq futures (NQM25...

Barchart

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This air fryer mistake is the worst thing you can do to your appliance – and I’ve been doing it for years

Have you made this common air fryer mistake?

Kemi Badenoch thinks people leaving Conservatives is a ‘good thing’

Nigel Farage’s Reform party has taken a steady stream of councillors from the Tories in Scotland in recent months

The Independent UK

Defections are ‘good thing’, claims Badenoch

Kemi Badenoch spoke at her first Scottish Tory conference since taking over as leader of the party in the UK.

Evening Standard

Halliburton Stock: Is HAL Underperforming the Energy Sector?

Halliburton has significantly underperformed the Energy sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

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Oil prices surge after Israel's attack on Iran. Trump urges Iran to 'make a deal before there is nothing left'

JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst-case scenario.

Fortune

‘Prescient’ painting of Oasis singers Liam and Noel Gallagher at height of ‘tension’ to be sold for £2m

Oil painting was created in 1996, the same year Noel is reported to have hit his older brother Liam with a cricket bat

The Independent UK

Gold and Commodities: Is the Bull Case Gaining Momentum?

Gold has soared to new highs in 2025, but what's driving the rally and how much upside is left? Read on to learn why the gold rush isn't fading any time soon.

MarketBeat

Is Devon Energy Stock Underperforming the S&P 500?

Whereas Devon Energy has delivered weaker returns than the S&P 500 Index over the past year, analysts are moderately optimistic about the stock’s prospects.

Barchart

Stock Index Futures Plunge After Israel Attacks Iran

June S&P 500 E-Mini futures (ESM25) are down -1.18%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.46% this morning, pointing to a sharply lower open on Wall Street as sentiment took a hit following Israel’s attack on Iran’s nuclear and military facilities.

Barchart

Oil And Gold Prices Surge Amid Escalating Israel-Iran Tensions

Brent crude surged nearly 10%, while WTI crude jumped 7.86% to $73.39 per barrel. Simultaneously, gold prices climbed over 1% to $3,445 per ounce, as investors sought safe-haven assets.

International Business Times

Leaving oil in the ground an ‘act of national self-harm’, says Findlay

The Scottish Conservative leader said Scotland should use its own oil and gas instead of importing fossil fuels from abroad.

Evening Standard

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Euronews

Israel launches major strike on Iran: What is the market fallout?

European stocks fell sharply after Israel struck Iranian nuclear sites, fuelling fears of wider conflict. Oil and gold surged on safe-haven demand, while bank shares dropped. Markets are pricing in higher geopolitical and energy supply risks.

The Guardian - US

Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran

Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle East

Evening Standard

Oil prices soar after Israel launches strikes on Iran’s capital

The price of Brent crude jumped nearly 10% higher at one stage as financial markets also came under pressure, with the FTSE 100 Index down sharply.

The Guardian - UK

Oil surges after Israel’s attack on Iran, risking ‘stagflationary shock’ – as it happened

Rolling coverage of the latest economic and financial news

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Evening Standard

FTSE 100 Live 13 June: Oil prices surge, airline stocks lead index reverse

Oil and defensive stocks today limited the downside for the FTSE 100 index amid a risk averse session for global markets in the wake of Israel’s attack on Iran.

The Guardian - UK

Brazil to auction oil exploration rights months before hosting Cop30

Sale covering 56,000 square miles to go ahead despite opposition Indigenous and environmental groups

Euronews

Oil prices surge, Europe’s markets open lower on Israel Iran strikes

Israel launched strikes targeting Iranian nuclear facilities, which killed top officials according to Iranian state media — including Revolutionary Guard chief Hossein Salami.

The National (Scotland)

'Out of touch': Kemi Badenoch calls for oil and gas windfall tax and licence ban end

KEMI Badenoch’s call for an end to the windfall tax for fossil fuel firms and a ban on new oil and gas licences has been branded “out of…

International Business Times

Oil Prices Jump Over 8%: Mukesh Sahdev Warns of a Looming Blockade of the Hormuz Strait

The underlying fear is not only a reduction in Iranian oil supply but also a broader disruption in the Strait of Hormuz, the world's most important passage point for crude oil transportation, which connects the Gulf of Oman with the Persian Gulf and is a vital shipping route for Middle…

The Independent UK

Asian shares slide while oil prices surge after Israel's strike on Iran

Asia shares have opened lower while oil prices surged after Israel attacked Iran’s capital early Friday amid tensions over Tehran’s rapidly advancing nuclear program

AAP

New Middle East conflict sends jitters through market

Escalating conflict between Israel and Iran has sent markets lower, prompting fears of a broader Middle East conflict and heightened inflation risks.

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