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How US-Israeli war on Iran is upending global business
March 26 (Reuters) - The U.S.-Israeli war on Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts.Below are the main disruptions s...
Reuters
5 minutes ago
EU Commission: no current security of gas supply issue in EU
BRUSSELS, March 26 (Reuters) - There is currently no issue with natural gas supply to the European Union as a result of global energy market disruption amid the Iran war, European Commission spokesperson Anna-Kaisa Itkonen said on Thursday.The Commission held a meeting with the 27 member states to d...
Reuters
15 minutes ago
US to supply more crude, LNG to Taiwan, senior US diplomat says
TAIPEI, March 26 (Reuters) - The United States will supply more crude oil and liquefied natural gas to Taiwan to mitigate the effect of an "ongoing global commodity supply disruption", the top U.S. diplomat in Taiwan said on Thursday."America stands ready to support Taiwan's energy n...
Reuters
17 minutes ago
Dynacor Group's 2025 sales, net income rise on higher volmes, gold prices
OverviewCanada ore processor's 2025 sales rose 40% yr/yr, slightly missed two-analyst estimate2025 net income and diluted EPS increased, driven by higher gold prices and expansionCompany completed Svetlana plant acquisition, expanded internationally, and raised annual dividendOutlookDynacor sees...
Reuters
22 minutes ago
Maersk says Gulf land-bridge routes still have capacity for food, medicines
LONDON, March 26 (Reuters) - Shipping giant Maersk is maintaining food and medicine supply lines via alternative land-bridge routes that still have some spare capacity despite the war in the Gulf, its regional head told Reuters on Thursday. The war that began with U.S.-Israeli strikes on Iran las...
Reuters
27 minutes ago
Lovesac Q4 sales beat estimates, helped by showroom expansion
OverviewU.S. home furniture brand's Q4 sales rose 2.7% yr/yr, beating analyst expectationsQ4 adjusted EBITDA missed consensus, net income declined yr/yrCompany announced new $40 mln share repurchase authorizationOutlookLovesac sees FY27 net sales between $700 mln and $750 mlnCompany expects FY27...
Reuters
50 minutes ago
Russia's Rosatom evacuates another group of staff from nuclear plant in Iran, TASS says
MOSCOW, March 26 (Reuters) - The head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, said on Thursday that Rosatom had evacuated another group of its staff from Iran's Bushehr nuclear power plant, TASS reported.The International Atomic Energy Agency on Tuesday said it had b...
Reuters
51 minutes ago
WTO chief: world order has irrevocably changed
By Olivia Le PoidevinGENEVA, March 26 (Reuters) - The head of the World Trade Organization said on Thursday the multilateral system has fundamentally changed and that countries must look to the future to consider how to reform the global trade system. "The world order and multilateral system we ...
Reuters
59 minutes ago
RPT-ROI-Europe scales back climate goals to ease Iran war energy shock: Bousso
By Ron Bousso HOUSTON, March 26 (Reuters) - The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in i...
Reuters
an hour ago
Maersk says alternative Gulf land-bridge routes still have capacity for food, medicine deliveries
LONDON, March 26 (Reuters) - There is still capacity via alternative land-bridge routes set up to keep food and medicine flowing despite the war in the Gulf, the Middle East head of shipping giant Maersk told Reuters on Thursday.Danish container shipping group A.P. Moller-Maersk MAERSKb.CO is coordi...
Reuters
an hour ago
WTI Crude Oil holds firm as Middle East tensions, strong US Dollar shape upside limits
West Texas Intermediate (WTI) US Oil trades around $92.05 on Thursday at the time of writing, up 1.73% on the day, extending its positive bias despite a lack of strong bullish conviction.
WTI
Fxstreet
an hour ago
Ukraine sees corn area stable, fertiliser shock may hit 2027
Fertiliser prices rise sharply due to Iran warUkraine is a major corn grower and exporterFarmers may cut corn planting area in 2027By Pavel PolityukKYIV, March 26 (Reuters) - A sharp rise in fertiliser prices is unlikely to prompt big changes in Ukraine's crop-planting plans this year, but could...
Reuters
an hour ago
China's 'Davos' loses lustre as debate dims, face time with leaders fades
China's answer to Davos more scripted and insular, attendees sayExecutives say access has narrowed, debate less robustBeijing's pledges of openness contrast with fuel export bansBy Joe CashBEIJING, March 26 (Reuters) - Two high-profile Chinese global forums, including one dubbed Asia's D...
Reuters
an hour ago
WTO head: world order has irrevocably changed
GENEVA, March 26 (Reuters) - The head of the World Trade Organization said on Thursday the multilateral system has fundamentally changed and that countries must look to the future to consider how to reform the global trade system. "The world order and multilateral system we used to know has irre...
Reuters
an hour ago
Russia's envoy Dmitriev says US played role in decision not to use Russian sovereign assets for loan to Ukraine
MOSCOW, March 26 (Reuters) - The United States played a "positive and constructive" role in the EU's decision earlier this year not to seize 210 billion euros ($240 billion) worth of Russian sovereign assets for a loan to Ukraine, President Vladimir Putin's special envoy Kirill Dmitr...
Reuters
2 hours ago
Somalia's tuk-tuks stall as Iran war drives fuel price spike
MOGADISHU, March 26 (Reuters) - Drivers of tuk‑tuk taxis in Somalia’s capital are abandoning their livelihoods as fuel prices surge, pushed up by disruptions to oil shipments linked to the Iran conflict. With fares rising, passengers have dropped away and many drivers in Mogadishu say they can no lo...
Reuters
2 hours ago
Gold Price Forecast: XAU/USD declines sharply to near $4,400 as Middle East fears revive
Gold price (XAU/USD) is down 2% to near $4,410 during the European trading session on Thursday.
Gold
Fxstreet
2 hours ago
Lumber producer GreenFirst Forest Products' Q4 net sales rise on higher shipment volumes
OverviewCanada lumber producer's Q4 net sales rose 10% from Q3, driven by higher shipmentsAdjusted EBITDA loss for Q4 narrowed compared to Q3, but remained negativeNet loss for Q4 narrowed to C$32.8 mln from C$57.4 mln in Q3OutlookCompany expects near-term lumber demand to remain below mid-cycle...
Reuters
2 hours ago
Russia informed US of Ukraine’s attacks on energy facilities, envoy Dmitriev says
MOSCOW, March 26 (Reuters) - Russia has informed the United States of recent drone attacks by Ukraine on Russian energy infrastructure, President Vladimir Putin's special envoy Kirill Dmitriev said on Thursday. Dmitriev added that Ukraine is attempting to exacerbate the global energy crisis thro...
Reuters
2 hours ago
SPECIAL REPORT-Welcome to 'New Russia': How the Kremlin is remaking occupied Ukraine
By Anastasiia Malenko, Filipp Lebedev, Gleb Stolyarov, Ryan McNeill and Mari SaitoMarch 26 (Reuters) - Blazing trains, burning tracks, black smoke.Footage posted online by Ukrainian fighters documents their repeated sabotage attacks on a vast railroad system being built by Russia across the occupied...
Reuters
2 hours ago
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