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Trump, Rubio offer conflicting reasons for US entry into Iran war
Trump claims Iran was about to strike first, contradicting RubioConservatives criticize U.S. involvement in Iran warWhite House in damage control over conflicting war rationalesBy Nandita Bose, Steve Holland and Nathan Layne WASHINGTON, March 3 (Reuters) - President Donald Trump said on Tuesday h...Reuters
Tue, Mar 3
Brazil court blocks Equinox Gold mineral rights transfer to CMOC
BRASILIA, March 3 (Reuters) - A Brazilian court blocked on Tuesday Canadian firm Equinox Gold EQX.TO from transferring mineral rights for gold mines it sold in the Latin American country to Chinese metals miner and processor CMOC Group 603993.SS, according to a court decision.Equinox Gold concluded ...Reuters
Tue, Mar 3
US Cash Crude-Mars hits 5-year high as Iran war disrupts global supplies
HOUSTON, March 3 (Reuters) - Flagship U.S. offshore crude Mars Sour traded at its highest since May 2020 on Tuesday, dealers said, as war in Iran threatened global supplies of heavy, sour grades. Mars Sour jumped 75 cents to a midpoint of a $3.75 premium to U.S. crude futures on Tuesday. Traders sai...Reuters
Tue, Mar 3
Chemical plant upset triggers flaring at Motiva, Texas complex, sources say
HOUSTON, March 3 (Reuters) - A malfunction at the chemical plant triggered flaring at the Motiva Enterprises Port Arthur, Texas petrochemical complex on Tuesday, said people familiar with plant operations. The company filed a notice telling nearby residents flaring might be required by operations at...Reuters
Tue, Mar 3
WRAPUP 9-Middle East conflict widens as Israeli, US strikes again hit Iran; oil soars, shares slide
US shuts embassies in Saudi Arabia, Kuwait and LebanonSource says Israel planned two-week campaign but moving fasterMarkets tumble as Middle East energy is disruptedBy Parisa Hafezi and Alexander Cornwell DUBAI/TEL AVIV, March 3 (Reuters) - Israeli and U.S. forces pounded targets across Iran on T...Reuters
Tue, Mar 3
RPT-No easy way out for tens of thousands looking to leave Gulf amid Iran conflict
War in the Middle East rages from Beirut to TehranEvacuations in the Gulf organized by several governmentsAirspace closures across Gulf limit options to leave regionOman and Saudi Arabia offer alternative travel routesBy Federico Maccioni, Lucy Craymer and Rachna Uppal DUBAI, March 3 (Reuters) - ...Reuters
Tue, Mar 3
Venezuela's oil exports fell in February with loss of China, larger cargoes ahead
More cargoes to US, Europe did not offset export fall to AsiaSupertankers heading to Venezuela could accelerate March exportsCrude output rose to 1.05 million bpd in early MarchOil inventories remained high at end of February By Marianna Parraga March 3 (Reuters) - Venezuela's oil exports fel...Reuters
Tue, Mar 3
GRAINS-Wheat dips on rising dollar; soybeans higher amid Iran conflict
Wheat lower on higher dollarSoybeans seesaw as Iran conflict adds volatilityCorn chopped up and down in technical tradeBy Heather Schlitz CHICAGO, March 3 (Reuters) - Chicago Board of Trade wheat futures ticked lower on Tuesday, under pressure from a higher dollar and the end of a short-covering ...Reuters
Tue, Mar 3
Saudi Arabia tries to divert oil to Red Sea amid Iran war, faces reluctant shippers
Aramco instructs some buyers to load at Red Sea port of Yanbu to avoid HormuzTanker rates at Yanbu more than double, some shippers prefer to avoid Middle EastEast-West pipeline capacity limited, potential target for attacks, analysts sayGlobal oil prices rise amid attacks by and on IranUAE also has ...Reuters
Tue, Mar 3
CBOT corn ticks higher on export demand
CHICAGO, March 3 (Reuters) - Chicago Board of Trade corn futures spent the session chopping up and down but ended higher on Tuesday.Gains in energy and soy prices helped boost corn futures, traders said.U.S. corn export demand also remains solid.The U.S. Department of Agriculture reported that expor...Reuters
Tue, Mar 3
CBOT soybeans settle higher on Iran conflict
CHICAGO, March 3 (Reuters) - Chicago Board of Trade soybean futures spent the session seesawing but settled higher on Tuesday under support from gains in the crude oil market amid the ongoing war in the Middle East. Crude oil prices rose for a third session as the U.S.-Israeli conflict with Iran wid...Reuters
Tue, Mar 3
Israel, US control almost all Iranian airspace, Israel's UN envoy says
March 3 (Reuters) - Israel's U.N. envoy Danny Danon said on Tuesday that Israel and the United States now control almost all of Iran's airspace and that superiority would be evident in the next few days.Danon told reporters at the United Nations in New York that the conflict with Iran would ...Reuters
Tue, Mar 3
US says it is facilitating Mideast charter flights for Americans amid criticism over Iran
State Dept says it is now facilitating charter flights Lawmakers criticize department's evacuation response amid flight disruptionsU.S.-Israeli air war disrupts global air transport, energy supplies By Humeyra Pamuk and Simon Lewis WASHINGTON, March 3 (Reuters) - The United States said on T...Reuters
Tue, Mar 3
CBOT wheat falls on rising dollar
CHICAGO, March 3 (Reuters) - Chicago Board of Trade wheat futures ticked lower on Tuesday, under pressure from a higher dollar and the end of a short-covering rally that had supported prices the previous week.Improving weather for the U.S. winter wheat crop and a sharp rally in the dollar have heape...Reuters
Tue, Mar 3
ICE Expands FCOJ Futures Daily Price Limit To 20 Cents Per Pound
March 3 (Reuters) - ICE FUTURES U.S.: EFFECTIVE WITH THE START OF TRADING FOR TRADE DATE MARCH 4, 2026, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL EXPAND TO 20 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE FOR THE RESPECTIVE DELIVERY ...Reuters
Tue, Mar 3
Germany's Merz says he told Trump they negotiate trade with Spain or not at all
WASHINGTON, March 3 (Reuters) - German Chancellor Friedrich Merz on Tuesday said he told Donald Trump that Spain could not be excluded from a trade agreement reached with the European Union, following the U.S. president's threat to halt all trade with Spain.Merz, speaking to reporters after a me...Reuters
Tue, Mar 3
Brazil beef exporters brace for fallout from Middle East conflict
By Ana ManoSAO PAULO, March 3 (Reuters) - Brazilian beef exporters are worried about a potentially prolonged conflict in the Middle East, which is the destination of about 10% of Brazil's beef shipments, Roberto Perosa, head of beef exporters' group Abiec, told Reuters in an interview on Tue...Reuters
Tue, Mar 3
Venezuela's PDVSA signs oil supply contracts for the US, company says
CARACAS, March 3 (Reuters) - Venezuela's state-run oil company PDVSA said on Tuesday it signed oil supply contracts for exports to the United States.The company did not disclose the names of the counterparties in a release posted on Telegram, but said the contracts are intended to help stabilize...Reuters
Tue, Mar 3
US Plains HRW Wheat-Bids flat to higher, rains to benefit crops
CHICAGO, March 3 (Reuters) - Basis bids for hard red winter wheat were steady to higher on Tuesday in the southern U.S. Plains as rains were set to benefit the crop, dealers said.Rains will reduce the portion of the crop affected by dryness to about 25% from 60% over the next 10 days, Commodity Weat...Reuters
Tue, Mar 3
