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Kremlin says Putin's proposals on Iran are still on the table
MOSCOW, March 10 (Reuters) - Russian President Vladimir Putin has offered different options to mediate and ways to reduce tensions in the Iran conflict and these proposals are still on the table, the Kremlin said on Tuesday.Moscow is ready to provide any assistance it can to reduce the tensions in t...Reuters
Tue, Mar 10
G7, EU to hold calls on soaring energy prices
By Kate Abnett BRUSSELS, March 10 (Reuters) - G7 energy ministers will discuss soaring energy prices due to the war in Iran on a call on Tuesday while a group of European Union leaders will do so later in the day, officials said.Oil prices surged to their highest levels since mid‑2022 on Monday p...Reuters
Tue, Mar 10
PRECIOUS-Gold rises 1% on easing inflation worries, dollar at one-week low
Spot gold rises 1%Spot silver climbs to one-week highUS dollar falls 0.6% to a one-week lowOil prices fall over 7% after climbing to $120/bbl on MondayTrump predicts the war in the Middle East could be over soonBy Ishaan Arora March 10 (Reuters) - Gold rose 1% on Tuesday, as inflation fears reced...Reuters
Tue, Mar 10
G7 ready to act on oil surge but holds off tapping reserves
G7 says all tools available but no stock release decision yetOil prices jump to $119 as Iran conflict shakes global marketsIEA urges release; governments say supplies stable for nowBy Sudip Kar-Gupta and Alexander Chituc BRUSSELS, March 9 (Reuters) - G7 nations said on Monday they were prepared t...Reuters
Tue, Mar 10
Japan supports IEA proposal for coordinated oil stocks release, details to be worked out
TOKYO, March 10 (Reuters) - Japan supports an idea of the International Energy Agency for coordinated release of strategic oil reserves, Industry Minister Ryosei Akazawa said on Tuesday, but details of the potential release remain under discussion.Akazawa said that the energy ministers of the Group ...Reuters
Tue, Mar 10
Middle East countries cut daily oil output, Bloomberg News reports
March 10 (Reuters) - Saudi Arabia has lowered oil output by between 2 million and 2.5 million barrels a day, and the United Arab Emirates has cut its output by 500,00-800,000 barrels a day, Bloomberg News reported on Tuesday. Kuwait has also cut output by half a million barrels a day, and Iraq by ab...Reuters
Tue, Mar 10
TotalEnergies' Totsa sells April-loading Oman crude at multi-year high premium, traders say
SINGAPORE, March 10 (Reuters) - TotalEnergies' TTEF.PA Asian trading arm Totsa has sold April-loading Oman crude to Exxon Mobil XOM.N at a multi-year high premium, traders said, its second tender for Middle East oil sales since the Iran war disrupted exports from the region. The tender, in which...Reuters
Tue, Mar 10
Lego bets on Pokemon, interactive bricks as war threatens higher costs
Lego's 2025 revenue rose 12%, profit grew 18%Sales growth outpacing the broader toy marketPartnerships with global brands boost salesCEO says Lego can manage impact of global volatilityBy Stine Jacobsen COPENHAGEN, March 10 (Reuters) - Lego is bracing for higher energy and raw material co...Reuters
Tue, Mar 10
Repsol Expects Operating Cash Flow To Reach 6.5 Bln Euros In 2028
March 10 (Reuters) - Repsol SA REP.MC:EXPECTS OPERATING CASH FLOW TO REACH 6.5 BILLION EUROS IN 2028OVER NEXT TWO YEARS, COMMITMENT TO INCREASE TOTAL AMOUNT ALLOCATED TO CASH DIVIDEND BY 3%/YEAR, TO 1.23 BILLION EUROS IN 2028SEES 55% OF 2026-2028 INVESTMENTS ALLOCATED TO SPAIN AND PORTUGAL AND 34% T...Reuters
Tue, Mar 10
Indian restaurants warn of shutdowns as Iran war makes cooking gas scarce
India's hospitality sector faces LPG supply disruptionsPanel to review LPG supply requests from hospitality sectorIndia invokes emergency powers to boost domestic LPG productionBy Praveen Paramasivam, Haripriya Suresh and Nandan Mandayam BENGALURU/CHENNAI, March 10 (Reuters) - Restaurants and...Reuters
Tue, Mar 10
RUBBER-Japan futures fall on weaker oil, rising supply prospects
By Ruth Chai March 10 (Reuters) - Japanese rubber futures fell on Tuesday, paring the previous session's gains, as oil prices slipped after the U.S. president signalled that the Iran war could end soon, while rising supply expectations from key producers also added pressure.The Osaka Exchang...Reuters
Tue, Mar 10
JX Advanced Metals Corp - To Sell Partial Stake in Operator Of Chile's Caserones Copper Mine To Lundin Mining For $215 Million
March 10 (Reuters) - JX Advanced Metals Corp 5016.T:JX ADVANCED METALS CORP - NOTICE REGARDING PARTIAL TRANSFER OF SHARES OF SCM MINERA LUMINA COPPER CHILE, OPERATOR OF CASERONES COPPER MINEJX ADVANCED METALS CORP - TRANSFER PRICE IS US$ 215 MILLIONJX ADVANCED METALS CORP - TO INVEST ABOUT 23 BILLIO...Reuters
Tue, Mar 10
Consequences for global oil markets could be 'catastrophic' if Hormuz closure continues, Aramco chief says
DUBAI, March 10 (Reuters) - There could be "catastrophic" consequences for the world's oil markets the longer the disruption from the closure of the Strait of Hormuz goes on, the chief executive of Saudi Arabia's state oil giant Aramco said on Tuesday in a media call after the compan...Reuters
Tue, Mar 10
PRECIOUS-Gold gains on weaker dollar, easing inflation concerns
Oil prices fall after surging to $119/bbl on MondayTrump predicts the war in the Middle East could be over soonUS dollar falls 0.4%By Noel John March 10 (Reuters) - Gold prices rose on Tuesday, supported by a weaker U.S. dollar and easing energy costs after U.S. President Donald Trump suggested t...Reuters
Tue, Mar 10
TECHNICALS-CBOT corn may retest support at $4.45
SINGAPORE, March 10 (Reuters) - CBOT corn CK26 may retest support at $4.45 per bushel, a break below which could trigger a fall into the $4.40-1/4 to $4.45 range.A five-wave cycle from $4.76 looks incomplete. The bounce from around $4.45 has been driven by a wave 4, which will be reversed by the fol...Reuters
Tue, Mar 10
US FAA cancels brief groundstop for JetBlue planes
March 10 (Reuters) - A briefly issued groundstop for all JetBlue JBLU.O flights was canceled within an hour on Tuesday by the U.S. Federal Aviation Administration (FAA) after the airline said it had resolved a "system outage.""A brief system outage has been resolved and we have resumed o...Reuters
Tue, Mar 10
