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Gulf oil output likely to rebound within months after Hormuz reopening, Goldman says
April 23 (Reuters) - Gulf oil production, sharply curtailed by the Iran conflict, is likely to mostly recover within a few months after the Strait of Hormuz fully reopens, but could take significantly longer, Goldman Sachs said on Thursday.The bank estimated about 14.5 million barrels per day of Gul...Reuters
Fri, Apr 24
WRAPUP 10-Iran seizes vessel in Strait of Hormuz, defying US naval superiority
Iran demands that US lift blockade before resuming talksIranian speedboats able to harass shipping in the straitIsrael-Lebanon ceasefire extended for three weeksTrump rules out use of nuclear weaponsBy Parisa Hafezi, Enas Alashray and Trevor Hunnicutt DUBAI/CAIRO/WASHINGTON, April 23 (Reuters) - ...Reuters
Thu, Apr 23
US President Donald Trump says Israel and Lebanon will extend their ceasefire
US President Donald Trump said Israel and Lebanon will extend their ceasefire by three weeks, Bloomberg reported on Thursday. This move could creates space for Israel and Lebanon to work on a long-term deal and removes a roadblock to ending the US war with Iran.Fxstreet
Thu, Apr 23
Newmont CEO Says Energy Cost Is The Highest Risk For The Company Right Now
April 23 (Reuters) - Newmont Corporation NEM.N:NEWMONT CEO SAYS HIGHER SILVER PRODUCTION HAS HELPED ACHIEVE RECORD CASH FLOW - MEDIA CALLNEWMONT CEO SAYS ENERGY COST IS THE HIGHEST RISK FOR THE COMPANY RIGHT NOW - MEDIA CALLReuters
Thu, Apr 23
Newmont Says Cadia Underground Rehabilitation To Take About Five Weeks, Expects Return To 80% Operating Capacity
April 23 (Reuters) - Newmont Corporation NEM.N:NEWMONT SAYS CADIA UNDERGROUND REHABILITATION TO TAKE ABOUT FIVE WEEKS, EXPECTS RETURN TO 80% OPERATING CAPACITY - CONF CALLNEWMONT SAYS $10 PER BARREL MOVE IN OIL PRICES IMPACTS COSTS BY ABOUT $60 MILLION, OR AROUND $12 PER OUNCE AISC - CONF CALLReuters
Thu, Apr 23
US to loosen marijuana rules in major shift for $47 billion industry
Justice Department to expedite broader marijuana rescheduling hearingMove expected to boost cannabis industry by easing taxes and funding accessPrior classification equated it with drugs like heroinMarijuana still not fully legal across the United StatesBy Andrew Goudsward and Bhargav Acharya Apr...Reuters
Thu, Apr 23
US Plains HRW Wheat-Basis bids steady
CHICAGO, April 23 (Reuters) - Basis bids for hard red winter wheat were flat in a spot check of locations in the U.S. Plains on Thursday as futures shot to multi-year highs on drought concerns. K.C. hard red winter wheat futures KWv1 rallied to their highest point since June 2024.K.C. July wheat KWN...Reuters
Thu, Apr 23
Russian diplomats denounce new EU sanctions
April 24 (Reuters) - Russian diplomats early on Friday denounced the latest European Union sanctions imposed on Moscow in connection with its invasion of Ukraine, saying the new measures lacked U.N. legitimacy and infringed the rights of third countries.Russian news agencies quoted a statement by di...Reuters
Thu, Apr 23
Mexican navy officer suspected for fuel trafficking Fernando Farias arrested in Argentina
MEXICO CITY, April 23 (Reuters) - Mexican authorities said on Thursday that Fernando Farias, a navy officer and alleged fuel trafficker, has been arrested in Argentina and faces extradition. Security Minister Omar Garcia Harfuch said Farias, the suspected leader of a smuggling organization, was deta...Reuters
Thu, Apr 23
Tsakos Energy Navigation Ltd - Announces Up To Five-Year Charter Extension For Two Dp2 Shuttle Tankers
April 23 (Reuters) - Tsakos Energy Navigation Ltd TEN.N:TSAKOS ENERGY NAVIGATION LTD - ANNOUNCES UP TO FIVE-YEAR CHARTER EXTENSION FOR TWO DP2 SHUTTLE TANKERSTSAKOS ENERGY NAVIGATION LTD: NEW CHARTERS ARE SCHEDULED TO COME INTO EFFECT AROUND MID-2028TSAKOS ENERGY NAVIGATION LTD - NEW CHARTERS EXPECT...Reuters
Thu, Apr 23
Ontario Designates Hydro One To Invest In The Red Lake Transmission Line
April 23 (Reuters) - Hydro One Ltd H.TO:ONTARIO DESIGNATES HYDRO ONE TO INVEST IN THE RED LAKE TRANSMISSION LINEHYDRO ONE LTD - PROJECT INCLUDES NEW DOUBLE-CIRCUIT 230-KILOVOLT TRANSMISSION LINE IN NORTHWEST ONTARIOHYDRO ONE LTD - RED LAKE TRANSMISSION LINE EXPECTED IN SERVICE BY EARLY 2030Reuters
Thu, Apr 23
Mexico says fuel trafficking suspect Fernando Farias arrested in Argentina
MEXICO CITY, April 23 (Reuters) - Mexican authorities said on Thursday that Fernando Farias, an alleged fuel trafficker, has been arrested in Argentina for extradition purposes.Farias was detained in Buenos Aires on an Interpol red notice while carrying a false Guatemalan passport, authorities adde...Reuters
Thu, Apr 23
Trump says it would be "helpful" if Putin attended G20
WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump in the Oval Office on Thursday told reporters that it would be "helpful" if Russian President Vladimir Putin attended the G20 meeting, but doubts that Putin would attend the Miami meeting later this year.Reuters
Thu, Apr 23
Trump to tap government contracting expert to head TSA, sources say
By David ShepardsonWASHINGTON, April 23 (Reuters) - President Donald Trump intends to nominate a longtime business executive and government contracting expert to head the Transportation Security Administration, two sources told Reuters on Thursday.Trump plans to tap David Cummins, a senior vice pres...Reuters
Thu, Apr 23
Trump on gas prices: Americans should expect to pay more 'for a little while'
By Trevor Hunnicutt and Kanishka Singh WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump told reporters on Thursday that Americans should expect to pay higher gas prices "for a little while."Energy prices have risen around the world since the start of the Iran war in late Febru...Reuters
Thu, Apr 23
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