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FORGOTTEN HISTORY: 23 | History Defined

Can Britain make better pasta than the Italians? These recipes are betting on it

British pasta might sound like an oxymoron, but Northern Pasta Co founders Matt and Imogen Royall think otherwise. Hannah Twiggs explores the story behind the Lake District company putting British-grown spelt on supermarket shelves and shares three recipes making the case for homegrown grains

The Independent UK

Silver snaps 3-day gaining streak; gold at Rs 1.52 lakh/10 grams as investors eye Iran-US peace deal details, key levels to watch

Gold and silver prices snapped their three-day winning streak on MCX as investors tracked developments in the US-Iran peace agreement. Domestic futures slipped marginally, while global gold held steady near recent highs. Analysts expect volatility driven by crude oil, dollar index movements and US Federal Reserve policy signals.

The Economic Times

US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthrough

US energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize global energy routes. The deal eased fears of Strait of Hormuz disruptions, leading to a sharp decline in oil prices and impacting major energy producers and refiners worldwide.

The Economic Times

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Asian shares are mostly higher and Japan's Nikkei tops 70,000 before BOJ rate hike

Asian shares are mostly higher and Japan's benchmark Nikkei 225 briefly topped 70,000 for the first time before trimming early gains after the Bank of Japan raised its key interest rate to 1%

The Independent UK

Higher prices for gas, groceries and flights will outlast the Iran war, experts say

People around the world may be wondering how soon prices will drop for gasoline, groceries, flights and other items that got more expensive during the Iran war

AAP

Iran war may be ending but experts warn price pain is far from done

People around the world may be wondering how soon prices will drop for gasoline, groceries, flights and other items that got more expensive during the Iran war

The Independent UK

Sensex jumps above 540 points, Nifty closes near 24,000 as Dalal Street gains for 3rd day

Indian stock markets closed higher on Tuesday. Sensex and Nifty saw a significant rally over three sessions. This surge was driven by optimism surrounding a potential Iran-US peace deal framework. Broader markets also experienced gains. Key sectors like Realty and IT performed well. Investors are now watching crude oil prices,…

The Economic Times

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After Iran, China has a powerful new oil price weapon

China has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move, driven by necessity during the Iran conflict, demonstrates Beijing's ability to stabilize global oil prices and mitigate geopolitical risks, a stark contrast to historical demand patterns.

The Economic Times

ETMarkets Smart Talk | Defence and electrification are multi-year structural themes for India: Prateek Agrawal

Geopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in India's defence and electrification sectors, according to Prateek Agrawal of Motilal Oswal AMC. He emphasizes focusing on businesses with durable earnings growth amidst evolving global dynamics, highlighting the potential for alpha generation in niche, high-growth spaces.

The Economic Times

US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia war

America's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage economic impacts from global conflicts. Officials express concern about operational capacity and vulnerability to weather disruptions. The reserve's current low level raises alarms for future energy security.

The Economic Times

Fuel prices down 1-1.20 baht a litre

Fuel prices dropped by 1 to 1.20 baht per litre at PTT Oil and Retail Business (OR) and Bangchak Corp petrol stations nationwide on Tuesday morning.

Bangkok Post

Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian cities

Fuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and geopolitical tensions. Petrol prices vary across cities due to state taxes. Daily revisions align domestic rates with international markets. Consumers can track prices online.

The Economic Times

Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?

The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline came after U.S. President Donald Trump announced that a memorandum of understanding had been agreed to end the U.S.-Israeli war with Iran.

The Economic Times

Dollar sways near 10-day lows as attention turns to BOJ and RBA

A preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. Investors now await central bank meetings in Japan and Australia for inflation outlooks, with the Bank of Japan expected to raise rates.

The Economic Times

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Evening Standard

Captain of Russian shadow fleet tanker intercepted in Channel to appear in court

Ajay Pant, 38, has been charged with directly or indirectly supplying or delivering by ship prohibited oil or oil products from Russia.

The Economic Times

Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Oil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of supply through the Strait of Hormuz may take longer than anticipated, with analysts noting that the market will likely show restraint until full details emerge.

The Economic Times

U. S Stock Market Prediction for Tuesday: S&P 500, Nasdaq, Dow Jones set for volatile trading? Top factors, stocks to watch out

U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 per cent. Nvidia’s climb of 3.5 per cent.

The Economic Times

Global Market Today: Asian markets temper Iran deal optimism, BOJ decision in view

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central bank decisions, including an anticipated rate hike from the Bank of Japan. Oil prices remained cautious, reflecting ongoing concerns about transit through the Strait…

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The Economic Times

Is the Iran war just an energy shock - or a turning point?

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a temporary blip. While immediate relief is expected, the long-term impact hinges on consumer and government behavior shifts towards renewables and EVs, potentially challenging fossil fuel dominance.

Evening Standard

Tories would give Aberdeen oil industry ‘kiss of life’ says Badenoch

The Conservative party leader is visiting the constituency ahead of the by-election on Thursday.

Barchart

Cotton Ignores Outside Markets to Close with Monday Strength

Cotton futures posted gains of 35 to 56 points across most contracts on Monday. Crude oil was down $3.72 at the close after the US and Iran came to a peace deal over the weekend, to be signed this Friday. The US dollar index was down $0.285 at $99.460. Monday...

The Independent UK

Streeting pledges to allow new oil and gas drilling in North Sea to fund cheaper UK energy

IN FULL

Bangkok Post

Thai fuel prices to stay high until Q4

Domestic oil prices in Thailand are expected to remain elevated until the final quarter of this year, even though global crude benchmarks have eased and the US is set to sign a peace deal with Iran this Friday to end nearly four months of conflict in the Middle East.

The Independent UK

Streeting sets out plans to tear up planning rules and net zero policies if he becomes PM

The former health secretary plans to allow more drilling fr poil and gas and centralise decision making on major projects like energy plans and data centres

Fortune

The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year

“Our working assumption is that ~80% of energy flows will resume by the end of Q3, but a return to ‘normal’ could stretch into 2027.”

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