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Iran's Revolutionary Guards have seized a US submarine drone in the Strait of Hormuz, saying the operation was carried out for data recovery, according to NDTV. The incident marks a new flashpoint between Tehran and Washington in the strategic waterway, through which a large share of the world's oil passes, and comes amid ongoing tensions over naval activity in the Gulf.

Russia has begun rationing fuel following a massive Ukrainian drone strike that reportedly damaged key energy infrastructure. Reports say Ukraine's drone technology has outmatched Russia's jet-powered drones, hitting refineries and supply facilities. The shortages are forcing regional authorities to limit fuel distribution, a significant blow to Moscow as the war grinds on and its oil-export and domestic supply chains come under sustained attack.

President Trump said Saturday outside the White House that he was rejecting an Iranian offer to reopen the Strait of Hormuz. Iran had proposed reopening the strategic waterway and resuming talks on its nuclear program within seven days, on condition that the United States lift its naval blockade. Trump's refusal signals continued US pressure despite Tehran's overture.

Ukraine's defence ministry says its forces hit six strategic oil refineries deep inside Russia over a single week, some up to 1,600 km from the front line. Kyiv describes the facilities as key fuel suppliers for Russia's defence industry and occupation forces, framing the campaign as retaliation for Russian strikes on Ukrainian energy infrastructure.

Iran says it remains committed to diplomatic channels despite a missile strike in the Strait of Hormuz, according to financial news reporting. The incident has heightened tensions in one of the world's most important oil shipping routes, with markets watching closely ahead of the trading open as investors weigh the risk of further escalation in the region.

Donald Trump has called on Ukrainian President Volodymyr Zelenskyy to scale back attacks on Russian oil refineries. The request, which touches on Ukraine's most effective long-range strikes against Russia's energy sector, has drawn attention as Washington pushes for negotiations while Kyiv weighs the military and economic value of targeting Russian oil infrastructure.

Ukraine has reportedly carried out its largest drone attack to date on Moscow, with claims that a major oil refinery was hit and put out of operation. The reports are circulating widely among audiences following the Ukraine war, where daily frontline updates are drawing large attention. Details about casualties, damage assessments, and the refinery's identity have not been independently confirmed.

Donald Trump said he expects further talks between the United States and Iran this week as diplomacy between the two countries continues. The remarks point to ongoing negotiations despite long-standing tensions, and markets are watching closely since any escalation or breakthrough could affect oil prices. Attention will be on whether the discussions produce tangible progress or stall.

Germany has for the first time formally committed to phasing out fossil fuels, setting a target date of 2045. The pledge, reported by the Guardian, marks a significant shift in the country's climate policy, moving beyond its existing renewable energy and coal exit goals to an explicit commitment against oil and gas as well. Commenters are debating how realistic the timeline is for an industrial economy heavily reliant on imported energy.

President Donald Trump says the United States will delay any fresh military strike against Iran, giving diplomacy a chance to produce a quick agreement. The announcement eases, at least for now, fears of renewed conflict in the region, though analysts warn the pause is conditional and could be reversed if negotiations stall or Tehran is seen to advance its nuclear programme.

Saudi Arabia has withdrawn from a China-led cross-border currency platform, according to the Financial Times. The move marks a retreat from Beijing's efforts to build alternatives to dollar-based international payments, and it will fuel debate over the pace at which Gulf states are willing to align financially with China. The reported decision has drawn wide attention given the kingdom's central role in global oil trade and dollar settlement.

Shipping traffic through the Strait of Hormuz remains lower than its 10-day average following the US-Israeli war on Iran, which began on February 28. Before the conflict, the strait typically handled about 125 large commercial vessels a day, including tankers, gas carriers, bulkers and container vessels. The continued shortfall underscores lingering disruption to one of the world's most important oil and gas transit routes as operators remain cautious.

Oil prices moved higher and stock futures slipped following news that an offer from Iran was rejected, according to a Bloomberg markets wrap. Traders are weighing the implications for energy supply and broader risk sentiment, with oil's gains reflecting concern that the rejected offer could escalate tensions and tighten crude supplies.

President Trump said the United States will "win this war very soon" and that oil prices should fall sharply once the conflict ends. He framed the key objective as preventing Iran from obtaining a nuclear weapon. The remarks come amid ongoing fighting and continued attention to energy markets, with analysts watching how quickly oil prices might react to any resolution.

Donald Trump declared 'we got them' after authorities foiled a suspected terrorist plot targeting a UK airbase. The comment suggests US involvement or coordination in the operation, though details about the suspects and the intended targets have not been fully disclosed. The case is drawing attention because of its transatlantic security implications and the former president's prominent role in announcing it.

British authorities are reported to have foiled a possible terror attack near a US military base in the United Kingdom. Details about suspects, the alleged plot, and the timing of the operation have not been released. The reported link to an American installation has drawn attention given the heightened security concerns around US bases in Europe.

Russia's oil production is expected to drop to 494 million tonnes in 2026, a 3.4% decline from the previous year and the lowest level since 2009, according to Le Grand Continent. Observers are weighing what the decline means for Russia's economy, its refining capacity, and global energy markets amid ongoing sanctions pressure.

Donald Trump says he urged Ukrainian President Volodymyr Zelensky to "calm down" on attacks targeting Russian oil refineries, arguing Ukraine should strike other targets instead. The remark, reported amid ongoing US pressure for a negotiated end to the war, is drawing criticism from observers who see it as Washington limiting Ukraine's most effective strikes on Russia's energy and export infrastructure.

Iran has put forward a new proposal aimed at reaching an agreement to reopen the Strait of Hormuz, the strategic waterway at the centre of rising regional tensions. The pitch suggests Tehran may be seeking a negotiated off-ramp, and observers are weighing what concessions Iran wants and how the US and Gulf states might respond to the offer.

A Wall Street Journal opinion piece reports that British authorities have thwarted a possible terrorist attack in the United Kingdom. Details of the suspected plot, those arrested and how the operation unfolded are not provided beyond the headline. The intervention is being presented as a successful counterterrorism action by UK security services.

Iran has expressed support for diplomatic efforts after Saudi Arabia's foreign minister called for a return to the situation in the Strait of Hormuz as it stood before February 28. The statement signals continued regional engagement over tensions surrounding the key oil shipping route, with Riyadh pushing to restore earlier conditions in the strategic waterway.

US stock futures are being watched closely following President Trump's decision on Iran, with investors assessing the potential impact on oil prices, global markets and geopolitical risk. Traders are weighing how the decision could affect energy supplies and whether it signals escalation or de-escalation in the region, with market reaction expected to set the tone for the trading week.

The European Union is reportedly considering postponing its methane emissions rules by one year. The rules, part of the bloc's push to cut methane leaks from the energy sector, would affect oil and gas producers exporting to Europe. Industry watchers are weighing what the delay would mean for enforcement timelines and importers racing to comply before deadlines.

A late-night drive by masked men reportedly derailed a planned deadly terror attack targeting US troops on British soil. Details of how the plot was disrupted remain limited, with the report suggesting an unplanned encounter prevented an attack on American service members stationed in the United Kingdom. The alleged plot and its disruption have drawn attention to security concerns around US personnel in Britain.

Saudi Arabia's oil exports have jumped roughly 80% to about 6 million barrels per day, a figure reported just days after a drone attack targeted the kingdom's energy infrastructure. Commentators are weighing the resilience of Saudi output against ongoing regional security risks, with analysts noting the kingdom's ability to sustain high shipments despite repeated threats to its facilities.

British authorities have reportedly detained five people near a US military base in the UK over an alleged Iran-linked terror plot, with Donald Trump claiming a scheme to cause 'big damage' was thwarted. Details on the arrests, the suspects and the alleged target remain limited, and UK officials have not confirmed the full extent of the reported plot. The story is drawing wide attention given the US-Iran tensions and the involvement of an American base on British soil.

US Treasury Secretary Scott Bessent said Iran's economy will collapse "probably within the next 2 weeks," claiming Tehran will make its final oil deliveries to China and then have "NOTHING." He argued Iran is growing desperate for a nuclear deal as sanctions squeeze its oil exports, framing economic collapse as leverage pushing Tehran toward negotiations with Washington.

The European Union has ruled out new oil and gas drilling in the Arctic, reaffirming its position against fossil fuel expansion in the polar region. The move aligns with the bloc's climate commitments and its long-standing push to protect the environmentally sensitive Arctic from extractive industries. Commenters are weighing what the decision means for energy security, climate policy and the EU's role in Arctic affairs.

An environmental group says a diesel price spike linked to Iran has pushed diesel costs so high that electric trucks are now cheaper to run than diesel trucks in several key EU markets. The claim highlights how geopolitical tension affecting oil supply is accelerating the economic case for electric freight, with transport operators facing sharply higher fuel bills and cleaner alternatives becoming competitive.

Deutsche Welle examines Saudi Arabia's outsized role in the world economy. As the largest OPEC producer, the kingdom's oil output and pricing decisions shape global energy costs, inflation and interest-rate policy worldwide. Attention is also on its Vision 2030 investment drive and sovereign wealth funds, which channel petrodollars into global markets. The piece underscores how shocks or policy shifts in Riyadh ripple through trade, energy and finance far beyond the Gulf region.

President Donald Trump said the conflict with Iran will be over 'soon' and predicted oil prices will plunge once it ends. His comments come as markets watch the Middle East conflict closely, with energy prices sensitive to any escalation or de-escalation. Observers are weighing whether the forecast reflects genuine expectations of a rapid resolution or an attempt to calm markets.