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GRAINS-Wheat rallies on fears of crop losses due to dry US weather
USDA lowers good-to-excellent rating for US winter wheatMore than half of Texas crop is rated poor or very poorBeneficial rains not expected soon in dry Western PlainsBy Tom Polansek CHICAGO, April 14 (Reuters) - U.S. wheat futures jumped on Tuesday, with K.C. contracts climbing 3%, as persis...Reuters
Tue, Apr 14
Canada PM Carney Suspends Federal Fuel Excise Tax On Gasoline, Diesel
April 14 (Reuters) - Canada Prime Minister's Office:CANADA PRIME MINISTER'S OFFICE: PRIME MINISTER CARNEY SUSPENDS FEDERAL FUEL EXCISE TAX ON GASOLINE AND DIESEL TO LOWER COSTS FOR CANADIANSCANADA PRIME MINISTER'S OFFICE: GOVERNMENT ALSO TEMPORARILY SUSPENDING FEDERAL FUEL EXCISE TAX ON...Reuters
Tue, Apr 14
Six ships turned around as part of Strait of Hormuz blockade, US military says
US military has said blockade would apply to ships going to or from Iran10,000 US troops involved in blockadeBlockade will not apply to humanitarian shipments By Idrees Ali and Phil Stewart WASHINGTON, April 14 (Reuters) - No ships have made it past a U.S. naval blockade of Iran's ports and c...Reuters
Tue, Apr 14
Nigeria's Edun says developing nations need more from IMF and World Bank
By Libby George and David Lawder WASHINGTON, April 14 (Reuters) - Nigerian Finance Minister and Chair of the G-24 coalition of developing countries, Wale Edun, said multilateral institutions should do more to support vulnerable countries weather the economic shocks of the war in the Middle East. ...Reuters
Tue, Apr 14
Carney vows to tackle cost of living in Canada with new majority government, suspends fuel tax
Fuel tax suspension cuts gasoline bills by 10 cents per litreConservatives say majority a result of defections, not electionLiberals saw three special election wins in Ontario and QuebecBy Maria Cheng OTTAWA, April 14 (Reuters) - Prime Minister Mark Carney said he would prioritize lowering the co...Reuters
Tue, Apr 14
EXCLUSIVE-US to allow waiver on Iran oil to expire, administration sources say
By Timothy Gardner and Andrea Shalal WASHINGTON, April 14 (Reuters) - The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on Tuesday, as the U.S. imposes a blockade on shipments from Iranian po...Reuters
Tue, Apr 14
Williams CEO says PA-NY Constitution natgas pipe could be online as soon as 2027
By Nicole Jao NEW YORK, April 14 (Reuters) - U.S. energy company Williams Cos WMB.N CEO Chad Zamarin said on Tuesday the long-delayed Constitution natural gas pipeline from Pennsylvania to New York could be operational as soon as the end of 2027, if all goes as planned with the controversial proj...Reuters
Tue, Apr 14
Fertiliser shortages due to Iran war are a key worry for developing world, UN agency says
By Philip Blenkinsop BRUSSELS, April 14 (Reuters) - Fertiliser shortages due to the Iran war are a pressing concern for developing countries and gains from rising oil and gas prices for developing world producers are likely to be short-lived, the head of the United Nations trade agency said on Tu...Reuters
Tue, Apr 14
Strait of Hormuz traffic barely affected on first day of US blockade, data shows
Strait traffic remains far below pre-war levels, industry sources reportChina calls US blockade 'dangerous and irresponsible', urges de-escalationWar-risk insurance costs remain high, with cover reviewed every 48 hours, industry sources sayBy Florence Tan, Mariko Katsumura and Jonathan Saul ...Reuters
Tue, Apr 14
Nigeria's Edun says developing nations need more from IMF and World Bank
WASHINGTON, April 14 (Reuters) - Nigerian Finance Minister and Chair of the G-24 coalition of developing countries, Wale Edun, said multilateral institutions should do more to support vulnerable countries weather the economic shocks of the war in the Middle East. "We would like them to do more, ...Reuters
Tue, Apr 14
European oil refining margins turn negative, bucking global trend
European refining margins turn negative despite record fuel prices, IEA and traders reportAsian refiners' competition for crude drives up costs, squeezing European marginsSimpler European refineries may cut runs if margin pressure persists, analysts and sources sayBy Ahmad Ghaddar, Seher Dareen ...Reuters
Tue, Apr 14
US Plains HRW Wheat-Spot basis bids steady-higher as futures rise
CHICAGO, April 14 (Reuters) - Basis bids for hard red winter wheat were mostly steady to higher in the U.S. Plains on Tuesday as futures soared on drought concerns in the U.S. winter wheat belt.Farmer selling has been relatively limited, despite higher futures prices. Lower-than-expected rainfall ov...Reuters
Tue, Apr 14
Williams CEO says PA-NY Constitution natgas pipe could be up as soon as 2027
By Nicole JaoNEW YORK, April 14 (Reuters) - U.S. energy company Williams Cos WMB.N CEO Chad Zamarin said on Tuesday the long-delayed Constitution natural gas pipeline from Pennsylvania to New York could be up as soon as the end of 2027, if all goes as planned.Reuters
Tue, Apr 14
PRECIOUS-Gold firms on softer dollar, hopes of US-Iran talks resuming
US, Iran may resume talks this week despite port blockadeUS producer prices increase less than expected in MarchSpot silver up over 4% By Ashitha Shivaprasad April 14 (Reuters) - Gold prices gained more than 1% on Tuesday as the U.S. dollar weakened, while hopes of a resumption in U.S.-Iran talks...Reuters
Tue, Apr 14
South Africa agrees new climate loan, critical minerals cooperation on Germany visit
April 14 (Reuters) - Germany has agreed to give South Africa a new 200 million euro ($234 million) concessional climate loan, and the two countries will deepen cooperation in other areas like critical minerals, South Africa's foreign minister said on Monday.The loan will support investment in So...Reuters
Tue, Apr 14
ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years
April 14 (Reuters) - U.S. oil major ExxonMobil XOM.N, Energean ENOG.L and Helleniq Energy HEPr.AT will sign a contract on Wednesday with Stena Drilling to start exploratory drilling in a western Greek offshore block, Greece's energy ministry said on Tuesday. ExxonMobil, Energean and Greece's...Reuters
Tue, Apr 14
Trump says Iran talks could resume over next two days, NY Post reports
WASHINGTON, April 14 (Reuters) - U.S. President Donald Trump said on Tuesday that Iran talks could resume in Pakistan over the next two days, according to an interview with the New York Post."You should stay there, really, because something could be happening over the next two days, and we'r...Reuters
Tue, Apr 14
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