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Ukraine's Zelenskiy calls for joint efforts to set up Hormuz mission
April 17 (Reuters) - Ukrainian President Volodymyr Zelenskiy called on Friday for joint efforts for an effective mission to ensure freedom of navigation in the Strait of Hormuz and said Kyiv's wartime experience in the Black Sea could help."Decisions made regarding Hormuz now will determine ...Reuters
Fri, Apr 17
US natgas prices edge up with output drop, near-record LNG feedgas
Mild weather and renewables push Texas, California spot prices to record lowsUS gas storage levels seen at 7% above normal as firms inject more supplyLSEG projects lower gas demand next week amid warmer-than-normal forecastsBy Scott DiSavino NEW YORK, April 17 (Reuters) - U.S. natural gas futures...Reuters
Fri, Apr 17
A group of ships seen moving from the Gulf, according to ship tracking data
OSLO, April 17 (Reuters) - A group of around 20 ships including container ships, bulk carriers and tankers was seen moving in the Gulf towards the exit via the Strait of Hormuz on Friday evening, ship tracking data showed.Iranian Foreign Minister Abbas Araqchi said on Friday the Strait of Hormuz was...Reuters
Fri, Apr 17
Lebanon president says ceasefire should move to permanent agreements
Hezbollah lawmakers criticize government for agreeing to direct talks with IsraelAoun thanks Trump and regional countries for ceasefire, says Lebanon will decide its own fate BEIRUT, April 17 (Reuters) - Lebanese President Joseph Aoun said on Friday that a ceasefire agreed to by his country shoul...Reuters
Fri, Apr 17
PRECIOUS-Gold extends gains after Iran minister declares Strait of Hormuz open
Trump expects Iran deal 'soon'Spot gold up over 2% for the week Silver, platinum and palladium head for weekly gains Indian banks halt gold, silver imports amid delay in government clearanceBy Ashitha Shivaprasad April 17 (Reuters) - Gold prices extended gains on Friday, supported by a we...Reuters
Fri, Apr 17
GE Vernova must continue work on Vineyard Wind's wind farm, judge rules
Judge's injunction prevents GE Vernova from ending work for Vineyard WindVineyard Wind claims it is owed money after turbine blade failure GE Vernova says it is owed hundreds of millions of dollarsBy Nate Raymond BOSTON, April 17 (Reuters) - A Massachusetts judge on Friday blocked GE Vernova ...Reuters
Fri, Apr 17
US Supreme Court sides with oil companies in Louisiana coastal damage litigation
By Nate Raymond April 17 (Reuters) - The U.S. Supreme Court on Friday sided with oil companies, including Chevron CVX.N, in their effort to have lawsuits by Louisiana officials seeking to hold them responsible for harming the state's coastal areas moved out of the Bayou State's courthouse...Reuters
Fri, Apr 17
Significant differences remain between Iran-US, including on nuclear issues, senior Iranian official says
DUBAI, April 17 (Reuters) - Significant differences between Iran and the United States remain to reach a deal aimed at ending the war, a senior Iranian official told Reuters on Friday, adding that keeping the Strait of Hormuz open is "conditional on U.S. adherence to the terms of ceasefire"....Reuters
Fri, Apr 17
US drillers cut oil and gas rigs for second straight week, Baker Hughes says
By Scott DiSavino NEW YORK, April 17 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second straight week for the first time since March, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig co...Reuters
Fri, Apr 17
BREAKINGVIEWS-Gulf crisis moves from acute to chronic phase
By Jonathan Guilford NEW YORK, April 17 (Reuters Breakingviews) - The Gulf energy crisis isn’t over. Ever since the United States and Israel launched joint strikes on Iran, regional tumult has throttled worldwide oil and gas supplies. On Friday, Iranian Foreign Minister Abbas Araqchi declared th...Reuters
Fri, Apr 17
Lebanon president says future deal will not cede territory
BEIRUT, April 17 (Reuters) - Lebanese President Joseph Aoun said on Friday that any future deal reached by the government would not cede any territory or undermine Lebanon's national rights, without saying whether he was referring to prospective talks with Israel. The televised address was his f...Reuters
Fri, Apr 17
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
April 17 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise their financial outlooks.Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a fi...Reuters
Fri, Apr 17
Japan's Sony, Honda to pursue new opportunities after scrapping Afeela 1 EV, Nikkei reports
Sony Honda Mobility to pursue other opportunities, Nikkei reportsJV's pivot means determining fate of its roughly 400 employees as early as April Sony, Honda discussing non-EV products, services as alternatives April 17 (Reuters) - Sony Group 6758.T and Honda Motor 7267.T have decided to purs...Reuters
Fri, Apr 17
GRAINS-Wheat futures retreat after rising on poor US crop weather
By Tom Polansek CHICAGO, April 17 (Reuters) - U.S. wheat futures stumbled on Friday as traders booked profits after prices rallied this week on worries about harsh weather, while investors became more optimistic about a possible end to the Middle East war.Corn and soybean futures also eased.Wheat...Reuters
Fri, Apr 17
US drillers cut oil and gas rigs for second week in a row, says Baker Hughes
NEW YORK, April 17 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since March, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Apr 17
Ships crossing Hormuz need OK from IRGC, unfreezing funds part of deal, Iran official says
Strait open subject to checks by IRGC, Iran official saysTrump on Truth Social relays Iran announcement of reopeningReleasing Iran funds frozen by US sanctions part of deal, Iran official saysUS Navy says status on mines risk unclearStatus of shipping lanes unclear, association BIMCO warnsHundreds o...Reuters
Fri, Apr 17
Air Canada to cut four NY-bound flights as fuel prices soar due to Iran conflict
MONTREAL, April 17 (Reuters) - Air Canada AC.TO said on Friday it will trim daily flights to New York from 38 to 34, starting in June, as higher fuel prices lead North American carriers to cut capacity on less profitable routes. Canada's largest carrier is temporarily cutting four flights a day ...Reuters
Fri, Apr 17
EXCLUSIVE-EU to push for jet fuel diversification as Iran war threatens supply
EU to encourage sustainable, synthetic fuels for supply resilienceEU to clarify compensation rules for airlines during fuel shortagesCommission rejects airlines' calls to suspend emissions trading or SAF allowancesFlight cancellations possible by late May due to shortages, IATA's Willie Wals...Reuters
Fri, Apr 17
EU wheat falls on Hormuz opening hopes
PARIS, April 17 (Reuters) - Euronext wheat fell on Friday, pressured by tumbling oil prices as Iran's announcement of a re-opening of the Strait of Hormuz heightened expectations that the Iran war was heading towards an end.Strength in the euro EUR=, which hit a two-month high against the dolla...Reuters
Fri, Apr 17
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