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The Latest Breaking News from Oil

10 Things You Should Never Flush or Drain—But Most People Still Do

It may feel harmless to toss certain items down the drain or toilet and never think about them again. Out of sight, out of mind, right? Unfortunately, many everyday habits can quietly cause major plumbing problems, sewer backups, or even environmental damage. In fact, some of the most common things…

Grocery Coupon Guide

Palantir, Nuclear Stocks, and the Put/Call Ratio: Key Stocks, Sectors, and Indicators on Watch After U.S. Strikes on Iran

After major geopolitical escalation in the Middle East over the weekend, here's what traders need to know this week.

Barchart

Crude Prices Erase an Early Advance as Iranian Retaliation Appears Limited

August WTI crude oil (CLQ25 ) today is down -0.73 (-0.99%), and August RBOB gasoline (RBQ25 ) is down -0.0129 (-0.56%). Crude oil and gasoline prices today gave up sharp overnight gains and turned lower on speculation that Iran's response to the US bombing of its nuclear sites is unlikely...

Barchart

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Trump warns oil companies against ‘playing into hands of the enemy’ over prices

IN FULL

The Independent UK

Donald Trump's Magic Touch Holds As Oil Prices Retreat

President Donald Trump called for oil prices to remain low on Monday.

Investors Business Daily

Stocks Climb on Strong US Economic Reports and Dovish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. September E-mini S&P futures (ESU25 ) are up +0.50%, and September E-mini Nasdaq futures...

Barchart

War, Oil, And S&P 500: Here's How The Stock Market Behaves In Energy Crises

The U.S. strike on Iran's nuclear facility on June 21 has raised the specter of a new oil crisis, reviving investor fears of energy-driven inflation and testing whether the stock market can withstand another geopolitical shock.

Benzinga

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Why is Iran’s nuclear programme so essential to its identity?

Why does a country with large oil reserves feel such a need to have home-grown civil nuclear energy?

The Guardian - UK

Why the Strait of Hormuz remains critical for the global economy

This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, fuelling a big part of the global economy. And Iran controls its northern side.

Euronews

Exxon Mobil (XOM) Stock On Watch Amid Middle East Tensions: What's Going On?

Exxon Mobil Corp (NYSE:XOM) shares are on watch Monday morning as escalating geopolitical tensions in the Middle East are raising fears of oil supply disruptions.

Benzinga

Stocks See Support on Speculation Iran's Retaliation Will Be Limited

The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. September E-mini S&P futures (ESU25 ) are up +0.20%, and September E-mini Nasdaq futures...

Barchart

Trump pleads with oil companies to keep prices down after Iran blockade threat

Crude oil prices surged following Iran vote to close critical Strait of Hormuz in wake of US bombings

The Independent UK

Iran is considering closing the strait of Hormuz – why this would be a major escalation

Faced with the prospect of continuing Israeli airstrikes and further American involvement, Iran’s parliament has reportedly approved plans to close the strait of Hormuz.

The Conversation

The dollar sees a rebound after US strikes Iran, but can it continue?

The greenback may rise further if Iran decides to block the Strait of Hormuz, while the value of safe-haven alternatives like the euro and the yen are predicted to slide.

Euronews

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International Business Times

Military Bases Or Vital Waterway: Iran Weighs Response To US Strikes

Iran has vowed to retaliate for US air strikes on its nuclear facilities, and has two main options: attacking American forces in the region, and closing the strategic Strait of Hormuz.

Al Jazeera

Can Iran really shut down the Strait of Hormuz?

Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day.

Benzinga

Oil At $110? Goldman Flags Major Risk If Iran Disrupts Strait Of Hormuz Shipping

Fears of a major oil supply shock are mounting as tensions escalate in the Strait of Hormuz, a vital artery for nearly 20% of global crude shipments, with Wall Street racing to assess the potential price impact after the U.S. struck Iran over the weekend.

The National (Scotland)

Ex-Labour frontbencher calls for Rosebank rejection over Israel links

A SUSPENDED Labour MP has called on the UK Government to reject the controversial Rosebank oil field, citing concerns profits from the project could…

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news in one place.

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The Conversation

Society needs a systems update to cope with climate crisis – my new film explains why

The climate and ecological crisis is one of the greatest challenges humanity has ever faced. If the world fails to address it, and over the rest of this century we continue to burn fossil fuels and pump even more carbon dioxide into the atmosphere, we’ll face catastrophe. On this much,…

Barchart

Crude Oils Seasonal Tendency,: Slippery Slope or Bunker Buster?

It's time to take another look at the Crude Oil's seasonal patterns, a factor made more interesting by this weekend's activities.

International Business Times

Asian Countries Most Vulnerable To Strait Of Hormuz Blockade

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.

The Guardian - UK

Reeves calls for Middle East de-escalation amid oil price fears

Government announces plan to cut firms’ electricity bills as part of launch of its industrial strategy

The Independent UK

Support for solar energy and offshore wind falls among Democrats and independents, AP-NORC poll says

A new poll shows Americans’ support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, driven by a softening in support from Democrats and independents

The Independent UK

How will your household costs be affected by conflict in the Middle East?

The price of oil rising impacts on fuel, transport, production and inflation

Advnture

Showers? WiFi? Replacement trekking poles? What’s available – and what’s not – on the trek to Everest Base Camp?

Trekking to the world's highest base camp doesn’t mean that you’ll have to go for 11 days without charging your phone or seeing a proper toilet

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