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The Latest Breaking News from Oil

Oil's worst-case scenario: $200 if Hormuz remains closed

It could become a reality if the Iran war ends without reopening the strait.

Axios

Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia

The Guardian - UK

Oil prices retreat and stock markets rally on Iran war resolution optimism

Stock markets in the UK and globally rebounded on hopes over an end to the Iran conflict, with the FTSE 100 Index soaring as much as 1.7%.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump Administration Approves Higher Ethanol Fuel: What to Know About E15 Gas Before Your Next Fill-Up

The EPA's temporary waiver for E15 fuel, a 15% ethanol blend, aims to reduce gasoline prices. Explore its effects on vehicle compatibility, fuel economy, and market dynamics amid global energy volatility.

International Business Times UK

The Iran war is accelerating plans for Southeast Asia to go nuclear. Experts say it won’t be easy

Southeast Asia’s only nuclear plant never got used after allegations of corruption. The region is trying again, 50 years later, amid a new oil shock.

Fortune

Solar saved Europe €3bn in fossil fuel imports in March: Which country is leading the way?

A new analysis found that Europe’s solar capabilities could save the continent €67.5 billion by the end of the year if gas prices remain high.

Euronews

Stocks jump and oil drops as Trump renews hopes of Iran war ending

European and Asian markets surged on Wednesday amid renewed hopes that the Iran war could end soon after US President Donald Trump said American troops would leave in two to three weeks with or without a deal.

Euronews

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Zelensky offers Russia an Easter truce to halt devastating energy strikes

Ukrainian President Volodymyr Zelensky has announced he will ask US mediators to relay Kyiv's offer of an Easter ceasefire to Russia, following the Kremlin's claim of lacking detailed proposals. The proposed ceasefire is conditional on Russia ceasing attacks on Ukraine's energy infrastructure, with Ukraine reciprocating by stopping strikes on Russian…

The Independent UK

Brazil's 5% Gas Hike vs. America's 30% Surge: How a 50-Year Sugarcane Bet Shielded It From the Iran Oil Shock

How Brazil's sugarcane ethanol program leads in energy independence and biofuel innovation. Discover why countries like the UK are paying attention and how this model can boost global energy security.

International Business Times UK

EV leasing could save drivers over £1,300 a year as fuel prices rise

New analysis finds electric cars cheaper to lease and run than petrol equivalents – even more so amid volatile oil markets

The Independent UK

Reed Diffusers vs Electric Diffusers — Which Are Best? There's Not a Clear Winner, but Each Format Has Its Place to Make a Home Smell Incredible

While one format sets a consistent foundation of fragrance, the other allows for a level of control that comes in handy when hosting

Livingetc

Iran war briefing: Trump says conflict will end within weeks as missile strikes rage on

Donald Trump has claimed the war on Iran will end in “two to three weeks”, adding that peace will bring oil prices “tumbling down.” Trump told reporters that “Iran doesn’t have to make a deal” to end the conflict. He said he will be satisfied when Iran is "put into…

The Independent UK

Iran hits tanker off coast of Qatar, Kuwait airport and Israel kills 5 in Beirut attack

Iran hit a tanker off the coast of Qatar and Kuwait International Airport as Tehran acknowledged for the first time that Washington had been in direct contact about a possible ceasefire

The Independent UK

Newsletter: Energy shock has Brussels on edge

Also in this newsletter: The EU's foreign policy chief Kaja Kallas floats reviving plans to use immobilised Russian assets to fund Ukraine.

Euronews

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The Guardian - UK

Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – as it happened

Brent crude prices have fallen sharply, while the FTSE 100 is up 1.8% and government bonds are rallying

Evening Standard

FTSE 100 Live 01 April: Markets bounce but oil still above $100, Berkeley slumps

Stock markets have bounced amid hopes of a de-escalation of the Iran conflict.

The Guardian - AU

Track Australia’s fuel prices, service station outages and shipments in charts

How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country

The Guardian - UK

Energy crisis: why ‘keep calm but cut down’ may be a better message for Labour

Government keen to avoid panic as oil price surges, but perhaps households need advice on reducing consumption

Get all your
news in one place.

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Evening Standard

Starmer says he won't be bullied by US as Trump threatens to quit NATO

Trump says removing the US from the defence pact is now ‘beyond reconsideration’

The Guardian - UK

Wednesday briefing: How did Russia become the unexpected beneficiary of the Iran war?

In today’s newsletter: As conflict engulfs Iran, shifting global alliances and soaring energy prices are reshaping the existing power balances that could redefine the next stage of international security

Euronews

EU warns oil and gas prices will not immediately return to normal even if the Iran war ends

The EU has warned that oil and gas prices will not go down any time soon, even if the Iran war ends, citing pressure on fuel supplies and tight global markets, as it prepares support measures for households and businesses.

Times Life

6 Hanuman Ji Remedies For Removing Shani Dosha

Life does not always become difficult overnight. Sometimes, it starts with small signs. Delays in work, repeated money issues, mental stress, trouble in relationships, or feeling like nothing is going your way even after putting in effort. In astrology, these phases are often linked to Shani Dosha, Sade Sati, or…

AAP

Stagflation risk: Chalmers heeds budget warning

Treasurer Jim Chalmers is being urged to reform the tax and migration settings in the upcoming budget as the oil shock worsens Australia's productivity funk.

The Independent UK

Asian stocks rally as Trump says US will leave Iran war in ‘two to three weeks’

Trump says Iran ‘begging to make a deal’ but whether an agreement is reached is ‘irrelevant’ to America's timetable

The Times of India

Will UAE enter Iran war? Abu Dhabi pushes US, allies to reopen Strait of Hormuz by force

The UAE is reportedly considering military intervention against Iran, a significant shift from its previous neutral stance. Repeated Iranian attacks and the disruption of the vital Strait of Hormuz have pushed Abu Dhabi to explore options, including supporting US-led efforts to reopen the oil route. This move carries substantial risks…

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