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GRAINS-Wheat gains as US crop condition ratings worsen
CANBERRA, May 12 (Reuters) - Chicago wheat futures rose for a third day on Tuesday as the condition of U.S. crops worsened and a stalemate between the United States and Iran raised the prospect of longer-lasting disruption to fuel and fertilizer supplies. Corn and soybean futures also inched higher....Reuters
Tue, May 12
Trump delays move to lower tariffs on beef imports, WSJ reports
May 11 (Reuters) - The Trump administration will delay a plan to address high beef prices, which would have suspended tariffs on imported beef, the Wall Street Journal reported on Monday, citing a White House official.Reuters could not immediately verify the report. U.S. President Donald Trump was s...Reuters
Tue, May 12
GRAINS-Wheat gains as US crop condition ratings worsen
CANBERRA, May 12 (Reuters) - Chicago wheat futures rose for a third day on Tuesday as the condition of U.S. crops worsened and a stalemate between the United States and Iran raised the prospect of longer-lasting disruption to fuel and fertilizer supplies. Corn futures inched lower, and soybeans were...Reuters
Tue, May 12
Oil Prices Rise as Fragile US-Iran Talks Sustain Spply Worries
Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran’s response to a U.S. proposal highlighting stark differences that kept supply concerns alive.Reuters
Tue, May 12
HF Sinclair says fire at Tulsa refinery extinguished, no production impact
May 11 (Reuters) - HF Sinclair DINO.N said a fire broke out at its refinery in Tulsa, Oklahoma, at around 10:45 a.m. on Monday, and that it was quickly extinguished and had no impact on production.All personnel were accounted for, though one employee was taken off site for medical attention, the com...Reuters
Tue, May 12
US issues new sanctions over Iran's oil shipments to China
Three people, nine companies hit with sanctionsFour firms based in Hong Kong, four in UAEBy Andrea Shalal and Daphne Psaledakis WASHINGTON, May 11 (Reuters) - The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in t...Reuters
Mon, May 11
US state governor pushes for grid reforms as power bills swell
By Laila KearneyNEW YORK, May 11 (Reuters) - The U.S. state governor of Maryland Wes Moore on Monday pushed for reforms in PJM Interconnection, the largest U.S. electricity market, including long-term power contracts and a requirement that data centers pay for the costly infrastructure needed to ser...Reuters
Mon, May 11
US issues new sanctions over Iran's oil shipments to China
Three people, nine companies hit with sanctionsFour firms based in Hong Kong, four in UAEBy Andrea Shalal and Daphne Psaledakis WASHINGTON, May 11 (Reuters) - The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in t...Reuters
Mon, May 11
US President Donald Trump says US-Iran ceasefire on ‘massive life support’
US President Donald Trump said the ceasefire between the United States (US) and Iran is on “massive life support” after he rejected Tehran’s latest peace offer, which he called “simply unacceptable,” Bloomberg reported on Monday.
Fxstreet
Mon, May 11
Gold drifts higher to near $4,750 ahead of US CPI inflation release
Gold price (XAU/USD) trades in positive territory around $4,750 during the early Asian session on Tuesday. The precious metal edges higher as traders assess developments in the United States (US)-Iran diplomacy and await key US inflation data, which is due later on Tuesday.
Fxstreet
Mon, May 11
Trump says he supports suspending US gas tax after prices remain high
Gas prices surge on Iran war, creating political risk for Trump and Republicans before midtermsGas tax suspension requires congressional approval, with Senator Hawley introducing supporting legislationSenator Mark Kelly, other Democrats, previously proposed waiver until OctoberBy Nandita Bose, Timot...Reuters
Mon, May 11
US Cash Crude-Offshore grades rise as Iran ceasefire hopes fade
Georgina McCartney, May 11 (Reuters) - Offshore grades rose on Monday, dealers said, as the war in Iran showed no signs of abating while domestic refinery demand looked set to rise. U.S. President Donald Trump said the ceasefire with Iran was "on life support," leaving the Strait of Hormuz l...Reuters
Mon, May 11
WRAPUP 10-Trump says Iran ceasefire is 'on life support' as hopes for a deal fade
Trump calls Iranian counterproposal 'garbage'Iran demands end to blockade, compensation, and sovereignty over HormuzTrump to visit China this week, leaders to discuss IranUS faces domestic, international pressure as energy prices riseBy Nandita Bose, Nayera Abdallah and Elwely Elwelly WAS...Reuters
Mon, May 11
CIF/FOB Gulf Grain-Soybean, corn barge bids steady-firm ahead of US-China summit
CHICAGO, May 11 (Reuters) - Spot basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals were mostly steady to higher on Monday, as traders anticipated an increase in crop purchases around this week's summit between the United States and China.U.S. President Donald Trump i...Reuters
Mon, May 11
ADVISORY-Two unrelated alerts on same chain withdrawn
An alert referring to JP Morgan's oil forecast and an unrelated alert about a fire at HF Sinclair refinery were incorrectly published on the same chain and have been withdrawn.For the alert on JP Morgan's oil forecast, click nL4N41O1TEFor the story on the fire at HF Sinclair refinery, click ...Reuters
Mon, May 11
Trump nominates fired FEMA leader to again lead the agency
By Kanishka Singh WASHINGTON, May 11 (Reuters) - U.S. President Donald Trump has nominated Cameron Hamilton to lead the Federal Emergency Management Agency, which is part of the Department of Homeland Security, a year after Hamilton was ousted from his position as FEMA's acting director last ...Reuters
Mon, May 11
Canada's Integra Resources Q1 revenue rises on higher gold prices
OverviewCanada-based gold miner's Q1 revenue rose yr/yr on higher realized gold pricesAdjusted EPS for Q1 increased to $0.07 from $0.03 a year earlierCompany raised $57.5 mln in equity financing, strengthening its balance sheetOutlookIntegra maintains 2026 gold production guidance of 70,000 to 7...Reuters
Mon, May 11
GRAINS-US grain, soy futures rise as oil rallies
Strait of Hormuz closure disrupts global fertilizer tradeUSDA trims good-excellent rating for US winter wheat cropTraders await USDA supply/demand data due on TuesdayTrump set to visit top soy importer China this weekBy Tom Polansek CHICAGO, May 11 (Reuters) - U.S. grain and soybean futures ended...Reuters
Mon, May 11
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