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The Latest Breaking News from Oil

Trump warns Iran over breaking ceasefire agreements as oil sanctions are lifted

IN FULL

The Independent UK

Oil prices hit lows not seen since early March on US-Iran peace talk progress

Brent crude dropped nearly 2% to 76.5 US dollars a barrel at one stage in morning trading on Tuesday.

Evening Standard

Oil prices fall to early March levels as US-Iran peace talks progress

JD Vance stated that extensive discussions with senior Iranian officials have established a ‘good foundation’ for a comprehensive final peace deal

The Independent UK

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7 Car Parts You Should Always Check Before Buying a Vehicle

Buying a vehicle is an exciting experience, but it can also be a costly mistake if you overlook important mechanical issues. Many buyers focus on a car's color, design, technology features, or mileage while ignoring the parts that keep the vehicle running safely and efficiently. Whether you are considering a…

MyLifeXP

Rupee flat as traders mull Fed rate path, keep eyes peeled for flow clues

The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Reserve rate hikes. While policy measures have helped the rupee recover, the prospect of higher US interest rates poses a challenge. Analysts are closely watching the impact of these…

The Economic Times

India bonds rangebound as oil-led rally loses steam

Indian government bonds held steady as a recent rally paused, with investors now awaiting cues from Bloomberg's index inclusion decision and the monsoon's impact. Yields on the benchmark 2036 note saw a slight dip. Expectations of foreign inflows, boosted by potential index inclusion and easing oil prices, are supporting the…

The Economic Times

Global shares tumble after US tech sell-off; UK services sector shrinks at fastest pace since 2023 – as it happened

US stock futures point to lower Wall Street open; British grocery inflation slows to 3%, says Worldpanel, while heatwave boosts sales of suncare and syrups for water amid #WaterTok trend

The Guardian - UK

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No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources

Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the region. The tenders sought to move significant quantities of…

The Economic Times

Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish outlook. Brokerages remain constructive on select businesses, though views differ on valuations as investors assess growth, cyclicality and execution risks.

The Economic Times

'He hurt himself very, very badly': Trump's blunt response to Keir Starmer's resignation as UK PM

US President Donald Trump has sharply criticized outgoing UK Prime Minister Keir Starmer's policies on energy, immigration, and foreign relations, suggesting they contributed to his downfall. Trump specifically pointed to Starmer's approach to North Sea oil and the UK's energy independence. He also mentioned a disagreement over the use of…

The Times of India

Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?

Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.

The Economic Times

The Strait of Hormuz’s future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that constricted global oil supplies and fueled inflation, but questions surrounding control of the vital waterway and whether vessels will be charged tolls to cross it could…

Newslaundry

Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal Sen

Geopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disruptions and elevated insurance costs will keep prices elevated. While optimism is priced in, uncertainty persists, potentially leading to further volatility. Oil marketing companies may see earnings improve, while upstream firms…

The Economic Times

MasterChef may be over, but these recipes deserve a second helping

MasterChef may have crowned a winner, but these are the dishes we’re still thinking about, says Hannah Twiggs. From Thai-cured sea bream to a decadent take on steak frites, two finalists share the recipes that wowed the judges

The Independent UK

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The Economic Times

Railways showed the way. What should India electrify next?

If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of India’s freight system may yet become one of the defining strategic decisions of the twenty-first.

The Independent UK

Iran-US war latest: Trump says Tehran willing to ‘give us anything’ as Senate votes to block his military action

Iran has denied that it has agreed to the inspections and warned against ‘exaggerations’

The Independent UK

The Strait of Hormuz's future is unsettled even as more ships venture through

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies

The Guardian - UK

From bendy bananas to £350m for the NHS – how many Brexit promises actually came true?

Leaving the EU was supposed to solve Britain’s border issues, slash bureaucracy, revitalise the health service, even supercharge vacuum cleaners. How much control did we really take back?

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news in one place.

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Euronews

Vance says direct talks with Iran set 'good foundation' for deal to end the war

Lower-level officials are continuing to engage in what officials described as “technical talks” in Switzerland following Vance, Ghalibaf and Araghchi’s departure, as the US and Iran look to inch closer to a concrete deal.

The Economic Times

JD Vance says talks with Iranian officials set 'good foundation' for a deal to end US-Iran war

Iran US War: United States Vice President JD Vance reported significant progress in talks with Tehran, aiming for a permanent end to the recent conflict. Discussions focused on reopening the Strait of Hormuz and de-escalating the Israel-Hezbollah fighting. An interim deal sets a 60-day window for negotiations on Iran's nuclear…

The Independent UK

Asian shares are trading mixed amid caution about the war in Iran

Asian shares are mixed in subdued trading as recent enthusiasm cools and markets face uncertainty about efforts to end the war in Iran

AAP

Australian shares dip as slump in miners drags on

Easing oil prices and stronger bank stocks have not been enough to lift the local bourse, as weak metals prices continue to weigh on the mining sector.

The Economic Times

Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year low

The US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Treasury yields are also bolstering the greenback. Meanwhile, the Japanese yen is nearing a four-decade low, prompting concerns and discussions about potential intervention. Other major currencies like the…

The Economic Times

Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT.

The Economic Times

Global Market Today: Asian stocks dip at open as oil edges higher

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as…

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