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Trump says Iran ceasefire on 'life support' after rejecting Tehran's response
By Nandita Bose WASHINGTON, May 11 (Reuters) - President Donald Trump said on Monday that the ceasefire with Iran was "on life support," after dismissing Tehran's response to a U.S. peace proposal as "stupid." Trump's swift rejection of Iran's response on Sunday h...Reuters
Mon, May 11
ROI-ENERGY WATCH: 'Unacceptable' reality
By Ron Bousso LONDON, May 11 (Reuters) - Energy Watch is a biweekly recap of the events and trends shaping global energy markets from ROI Energy Columnist Ron Bousso Hopes for a breakthrough in the stalled U.S.-Iranian peace talks have come and gone since our last newsletter. On Sunday, Presi...Reuters
Mon, May 11
Barrick Says Mali Has Five Months Of Supply Of Key Inventory And Three Months Of Diesel - Conf Call
May 11 (Reuters) - Barrick Mining Corp ABX.TO:BARRICK SAYS CONTINUING TO EVALUATE ALL THE STRATEGIC OPPORTUNITIES FOR MALI ASSET - CONF CALLBARRICK SAYS NEWMONT WILL EVENTUALLY BE A PART OF THE JOINT VENTURE IN FOURMILE - CONF CALLBARRICK SAYS MALI HAS FIVE MONTHS OF SUPPLY OF KEY INVENTORY AND THRE...Reuters
Mon, May 11
McEwen Copper taps financial firm to manage $2.4 bln loan for Argentina copper project
BUENOS AIRES, May 11 (Reuters) - McEwen Copper has signed an agreement with an international financial institution to manage a $2.4 billion loan package financing part of the Los Azules copper project in Argentina, Michael Meding, the firm's vice president and general manager, told Reuters.Reuters
Mon, May 11
Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says
Company boosts Red Sea exports to help offset Gulf disruptionNasser says demand is rationed, not destroyedSays expects robust rebound when strait reopensBy Yousef Saba DUBAI, May 11 (Reuters) - Disruption to oil exports via the Strait of Hormuz is threatening to delay the market's return to n...Reuters
Mon, May 11
Trump: Iran's proposal is 'stupid'
WASHINGTON, May 11 (Reuters) - President Donald Trump called Iran's response to a U.S. peace proposal a "stupid proposal" on Monday, after calling it unacceptable a day earlier.Trump's swift rejection of Iran's response has fueled concerns that the 10-week-old conflict will drag...Reuters
Mon, May 11
Constellation Energy expects regulator decision on Three Mile Island in as early as June, executives say
By Laila KearneyNEW YORK, May 11 (Reuters) - Constellation Energy CEG.N, which is one of the world's biggest electricity producers, expects U.S. regulators to issue a decision as early as next month that will dictate when the company's Three Mile Island nuclear power plant can restart, execu...Reuters
Mon, May 11
HHS Official Says Risk Of Hantavirus Remains Very Very Low
May 11 (Reuters) - HHS OFFICIAL SAYS RISK OF HANTAVIRUS REMAINS VERY VERY LOWHHS OFFICIAL SAYS THE AGENCY SUPPORTED THE SAFE REPATRIATION OF 18 US CITIZENS FROM THE HANTAVIRUS-STRUCK LUXURY CRUISE SHIP MV HONDIUSHHS OFFICIAL SAYS OF THE 18 US CITIZENS REPATRIATED FROM MV HONDIUS, 16 ARE IN NEBRASKA ...Reuters
Mon, May 11
Copper 360 Commences Labour Consultation To Align Workforce With Revised Operating Model
May 11 (Reuters) - Copper 360 Ltd CPRJ.J:JSE: CPR - STRATEGIC REPOSITIONING TO HIGHER GRADE SOURCES OF ORE AND OPERATIONAL RESTRUCTURINGCOPPER 360 LTD - TO REDIRECT CAPITAL TO UNDERGROUND DEVELOPMENT AT RIETBERG OVER NEXT 4-5 MONTHSCOPPER 360 LTD - COMMENCES LABOUR CONSULTATION TO ALIGN WORKFORCE WI...Reuters
Mon, May 11
EUROPE GAS-Prices rise on Trump's rejection of Iranian peace proposal
Next steps in process to end conflict are unclearSecond Qatari LNG tanker transits Strait of Hormuz LONDON, May 11 (Reuters) - Dutch and British gas contracts rose on Monday afternoon, tracking oil after the United States rejected Iran's response to a peace proposal, erasing hopes of an immi...Reuters
Mon, May 11
Petroperu to seek $2 billion in state-backed loans to sustain operations
By Marco Aquino LIMA, May 11 (Reuters) - Peru's government has authorized state-run oil firm Petroperu PETROBC1.LM to seek $2 billion in state-insured loans to ensure the continuity of its operations, according to an emergency decree published on Monday.Petroperu, burdened with massive debt a...Reuters
Mon, May 11
JP Morgan sees Brent staying in low $100s even if Hormuz reopens in June
May 11 (Reuters) - JP Morgan expects Brent crude to remain in the low-$100s for much of 2026, even if the Strait of Hormuz reopens in June, as accelerating inventory draws and logistical bottlenecks keep the oil market tight, the bank said in a note.JP Morgan's revised framework assumes that the...Reuters
Mon, May 11
Hungary to review Paks nuclear plant expansion, ministerial nominee says
Ministerial nominees lay out strategy after election winNominee for energy minister will review Paks expansionProject was symbol of close ties with RussiaNominee for foreign minister vows to rebuild EU tiesBy Gergely Szakacs and Anita Komuves BUDAPEST, May 11 (Reuters) - Hungary will review the f...Reuters
Mon, May 11
FACTBOX-Tech companies tap debt markets to fund AI and cloud expansion
May 11 (Reuters) - The world's largest technology companies are tapping debt markets, as they seek to bolster their artificial intelligence infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments.Last month, Alphabet, Amazon, Microsoft and...Reuters
Mon, May 11
PRECIOUS-Gold ticks up as markets digest US-Iran updates, await inflation data
US CPI due on Tuesday Trump and China's Xi set for talksIndia's Modi urges pause on gold purchasesBy Ashitha Shivaprasad May 11 (Reuters) - Gold prices reversed course to edge up on Monday in volatile trading, as investors assessed developments in U.S.-Iran diplomacy and awaited key U.S. ...Reuters
Mon, May 11
Silver price rallies to two-month high as US-Iran tensions boost haven demand
Silver (XAG/USD) extends its rally on Monday and trades around $84.85 at the time of writing, up 5.60% on the day. The white metal continues its bullish momentum, breaking to fresh two-month highs, supported by strong safe-haven demand amid escalating geopolitical tensions in the Middle East.
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Mon, May 11
EXCLUSIVE-India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say
India not keen to buy LNG subject to sanctions despite talks, say sourcesTanker carrying unauthorised LNG diverted after talks falter, says sourceIndia conveyed decision to Russian deputy energy minister - sourceBy Krishna N. Das and Nidhi Verma NEW DELHI, May 11 (Reuters) - India has declined Ru...Reuters
Mon, May 11
Brazilian inspectors fine Sigma Lithium for using banned waste pile
RIO DE JANEIRO, May 11 (Reuters) - Brazilian labor inspectors have fined Sigma Lithium SGML.V for depositing waste in a pile that they had shut down because it posed a "grave and imminent" risk to workers and the local community, the inspectors told Reuters in a statement.Three of Sigma'...Reuters
Mon, May 11
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