oil

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.

The US dollar strengthened as escalating tensions between the United States and Iran pushed oil prices higher, fuelling expectations that the Federal Reserve will keep interest rates elevated for longer. Rising energy costs add to inflation concerns, prompting traders to price in a more hawkish Fed stance, with currency and commodity markets moving together on the geopolitical risk.

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.

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.

Iran has put forward a seven-day plan that would see the Strait of Hormuz reopened and nuclear talks resumed within a week, according to a report cited by Al Jazeera. The proposal links de-escalation of the vital oil shipping route directly to renewed diplomacy, and observers are watching whether the offer gains traction with the other parties involved.

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.

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.

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.

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.

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.

Donald Trump says he expects further talks between the United States and Iran this week as diplomacy between the two countries continues. The announcement keeps attention on the direction of US-Iran relations, with markets also tracking the talks given their potential impact on oil prices. Further negotiation rounds would signal that both sides are keeping open a diplomatic channel despite longstanding tensions.

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.

Shipping traffic through the Strait of Hormuz remains below its 10-day average following the US-Israeli war on Iran, which began on February 28. Before the conflict, the strait typically handled around 125 large commercial vessels a day, including tankers, gas carriers, bulkers and container ships. The continued shortfall points to lingering disruption and caution among shipowners in one of the world's most important oil transit routes.

Donald Trump declared 'we got them' after authorities foiled a suspected terror plot targeting a UK airbase. The remarks suggest US involvement or intelligence sharing in the operation, though details about the suspects and the intended target remain limited. The statement is drawing attention given the cross-border nature of the case and its implications for UK-US security cooperation.

Oil prices moved higher as geopolitical tensions raised supply concerns while inventories continued to shrink. The Wall Street Journal reported the rise, linking the gains to mounting risks in key producing regions and a decline in stockpiles that has tightened available supply. Traders are watching for further escalation and upcoming inventory data to gauge whether the rally will hold.

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.

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.

Russian oil production is forecast to fall to 494 million tonnes in 2026, down 3.4% from the previous year and the country's lowest output since 2009, according to Le Grand Continent. The projected decline is drawing attention as a signal of mounting pressure on Russia's energy sector, a cornerstone of its economy and export revenues.

British authorities reportedly foiled a possible terrorist attack near a US military base in the United Kingdom. Details about suspects, timing, and the specific base have not been confirmed, and officials have not released full information. The reported plot is drawing attention given the presence of American personnel and ongoing security concerns in Europe.

Oil prices rose as geopolitical tensions and a decline in crude stockpiles tightened the supply outlook. Traders weighed the risk of supply disruptions against signs of shrinking inventories, pushing benchmark crude higher. The move comes amid ongoing uncertainty across key producing regions, keeping energy markets on edge.

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.

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.

A Wall Street Journal opinion piece reports that British authorities have prevented a possible terror attack. Details of the suspects, targets and method of disruption remain limited in what is available, and the article's opinion framing suggests commentary on Britain's counterterrorism performance rather than a full news account.

Oil prices dropped as hopes grew for renewed diplomatic talks between the United States and Iran. Traders weighed the prospect of eased tensions, which could reduce supply risks in the region and potentially open the door to more Iranian oil on world markets. Analysts are watching whether negotiations materialize and how far prices might fall if a deal becomes more likely.

French President Emmanuel Macron announced that France will send soldiers and air defense systems to Saudi Arabia to help protect Yanbu's critical oil-export facilities from Houthi attacks. He did not rule out an additional French Air Force fighter deployment as well. The move marks a significant expansion of France's military role in the region and its security cooperation with Saudi Arabia.

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.

Reports describe how a late-night drive by masked men led to the disruption of an alleged plot targeting US troops stationed in the United Kingdom. Details remain limited, with the headline claiming the chance encounter derailed a deadly attack before it could be carried out. Further specifics about the suspects, location, or security response have not yet been confirmed by authorities.

A new analysis argues that the Iran crisis is being felt as strongly through the banking system as through oil shipping routes. It points to sanctions, restricted financial channels and payment difficulties as central to how pressure on Tehran is playing out, alongside concerns about oil transit security.

President Donald Trump has rejected an Iranian proposal that would have opened the Strait of Hormuz and brought an end to fighting between the two countries. The strait is a critical artery for global oil shipments, and the rejection keeps tensions high and raises questions about the risk of further escalation in the region. Markets and governments are watching closely for Tehran's next move.

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.

Dow Jones futures are falling while oil prices rise following comments from Donald Trump about Iran, with energy markets on edge over potential escalation in the Middle East. Investors are also watching Micron, SpaceX and Tesla, which are seen as approaching buy points despite the broader market uncertainty. Traders are weighing geopolitical risk against resilient tech and semiconductor momentum.