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Democratic-led states sue to block Trump administration's USDA funding restrictions
By Nate Raymond BOSTON, March 23 (Reuters) - Several Democratic-led states on Monday sued to block the U.S. Department of Agriculture from withholding tens of billions of dollars in federal funds unless the states comply with U.S. President Donald Trump's policies on immigration enforcement, ...Reuters
Mon, Mar 23
CERAWEEK-Chevron wants to see more changes to Venezuela hydrocarbons law
Chevron sees progress, but seeks more legal reforms in VenezuelaVenezuela has not submitted additional oil legislation, prioritizes mining law reformPDVSA partners push for international arbitration access, specific tax changesBy Marianna Parraga and Sheila Dang HOUSTON, March 23 (Reuters) - Chev...Reuters
Mon, Mar 23
CERAWEEK-Oil execs warn of long-term damage from Iran war as US downplays crisis
Global economic growth slows due to rising oil prices, warns ADNOC CEOOil execs warn of long-term economic impact from Iran conflictUS Energy Secretary downplays crisis, cites strategic measuresStrait of Hormuz closure causes global energy supply disruptionsBy Sheila Dang and Stephanie Kelly HOUS...Reuters
Mon, Mar 23
US natgas futures drop 7%, giving up gains since the US and Israel bombed Iran
Milder weather reduces US gas demand forecastsUS gas output rises, nearing record highsGlobal gas prices affected by Iran conflict, LNG supply issuesBy Scott DiSavino NEW YORK, March 23 (Reuters) - U.S. natural gas futures fell about 7% to a three-week low on Monday on a drop in global energy pri...Reuters
Mon, Mar 23
GRAINS-Chicago soy choppy, grains lower as investors weigh US-Iran war
By Heather Schlitz CHICAGO, March 23 (Reuters) - Chicago soybean futures flitted between positive and negative territory on Monday and ended slightly higher as U.S. President Donald Trump's announcement of a delay to possible strikes against Iranian power plants roiled financial markets. T...Reuters
Mon, Mar 23
CBOT wheat lower as war premium fades
CHICAGO, March 23 (Reuters) - Chicago Board of Trade wheat futures ticked lower on Monday after President Donald Trump's comments on a strike postponement, which eased fears of wheat shortages in Middle Eastern and North African countries. Wheat futures have been under pressure from a global whe...Reuters
Mon, Mar 23
CBOT corn falls on lower crude oil prices
March 23 (Reuters) - Chicago Board of Trade corn futures ended lower on Monday as they came under pressure from crude oil prices, though losses were limited by bullish fundamentals, including strong export demand and high ethanol margins. U.S. President Donald Trump's announcement of a delay to ...Reuters
Mon, Mar 23
CBOT soybeans tick higher as traders weigh impact of Iran war
CHICAGO, March 23 (Reuters) - Chicago Board of Trade soybean futures flitted between positive and negative territory on Monday but ended higher as U.S. President Donald Trump's announcement of a delay to possible strikes against Iranian power plants roiled financial markets. Trump's c...Reuters
Mon, Mar 23
Europe Gasoline/Naphtha-Gasoline refining margins jump
LONDON, March 23 (Reuters) - Northwest European gasoline refinery profit margins rose sharply by nearly $7 a barrel to $23.70 on Monday in a volatile trading session that saw sharp losses in underlying crude prices.About 20,000 metric tons of E10 gasoline barges traded in the Argus window as TotalEn...Reuters
Mon, Mar 23
SOFTS-Sugar falls after oil price slump as Trump backs down on Iran power strikes
NEW YORK, March 23 (Reuters) - Raw sugar futures on ICE fell on Monday after oil prices slumped following comments from U.S. President Donald Trump that he would postpone any strikes on Iranian power plants and energy infrastructure for five days.Falling energy prices can prompt cane mills in top gr...Reuters
Mon, Mar 23
CERAWEEK-TotalEnergies abandons US offshore wind, will invest $1 billion in fossil fuel projects
US will cancel offshore wind leases off New York and CarolinasTotal will invest $928 mln in LNG and fossil fuel projectsUS will reimburse Total for leases, drawing industry criticismBy Stephanie Kelly and Jarrett Renshaw HOUSTON, March 23 (Reuters) - The United States and French energy major Tota...Reuters
Mon, Mar 23
PRECIOUS-Gold trims losses as Trump postpones strikes on Iran's energy assets
Spot gold posted worst week since 1983 on Friday Oil plunges after Trump postpones strikesNornickel sees new palladium demand from China’s fibreglass sectorBy Ashitha Shivaprasad March 23 (Reuters) - Gold trimmed losses to recover from a four-month low on Monday after U.S. President Donald Tr...Reuters
Mon, Mar 23
EU wheat slips after Trump comments raise Iran de-escalation hopes
PARIS, March 23 (Reuters) - Euronext wheat fell on Monday, pressured by a plunge in oil prices after U.S. President Donald Trump said he was postponing threatened strikes against Iranian power plants to give time for talks to end the three-week-old Middle East war. Trump's comments, which ref...Reuters
Mon, Mar 23
CERAWEEK-Canada's pipeline plan attracts Middle Eastern, Asian interest, Alberta premier says
Middle Eastern, Asian investors show interest in Canadian pipelineAlberta to submit pipeline proposal for federal fast-tracking in JuneRegulatory hurdles and carbon pricing policy impact pipeline feasibilityBy Amanda Stephenson HOUSTON, March 23 (Reuters) - Middle Eastern and Asian investors have...Reuters
Mon, Mar 23
Caliche Says FERC approved GTS' 30 bcf gas storage expansion
March 23 (Reuters) - CALICHE: CALICHE: FERC GRANTED CERTIFICATE OF PUBLIC CONVENIENCE & NECESSITY TO UNIT GTS TO ADD ANOTHER 30 BCF OF NATURAL GAS STORAGE CAPACITYCALICHE: ANNOUNCED MULTIPLE NEW NATURAL GAS PIPELINE INTERCONNECTIONS AT GTSCALICHE: CONSTRUCTION HAS BEGUN ON MOMENTUM'S CLARITY...Reuters
Mon, Mar 23
Two India tankers pass through Hormuz as Trump-Iran standoff simmers
Tankers are carrying LPGTrump threatens power plants, then postpones actionTanker traffic through strait down 95%, shipbroker saysIran's oil exports largely unhindered, UANI saysIran received Western grain shipment on Sunday, source saysBy Jonathan Saul, Nidhi Verma and Saurabh Sharma LONDON...Reuters
Mon, Mar 23
CERAWEEK-Mideast situation shows need for energy diversification, says Cheniere CEO
By Curtis Williams HOUSTON, March 23 (Reuters) - The situation in the Middle East shows the need for diversity in energy supplies, Jack Fusco, CEO of Cheniere Energy LNG.N, the nation's largest U.S. liquefied natural gas exporter, said on Monday in Houston.The U.S.-Israeli war on Iran has thr...Reuters
Mon, Mar 23
METALS-Copper climbs after Trump postpones military strikes on Iranian power plants
By Pratima Desai LONDON, March 23 (Reuters) - Copper prices jumped on Monday after U.S. President Donald Trump said he will order the U.S. military to postpone any military strikes against Iranian power plants and energy infrastructure.Benchmark copper CMCU3 on the London Metal Exchange was up 2%...Reuters
Mon, Mar 23
CERAWEEK-US needs more energy development to power AI, Google president says
HOUSTON, March 23 (Reuters) - The U.S. may not be scaling energy supplies fast enough to to meet the demands of the artificial intelligence expansion, Ruth Porat, president and chief investment officer of Google parent Alphabet said on Monday, referring to the vast amount of capacity needed to power...Reuters
Mon, Mar 23
