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South Korea, France agree to deepen defence and energy ties amid Middle East conflict
First French presidential state visit to South Korea since 2015France and South Korea to expand defence ties, sign deals in tech, energy, and critical mineralsMiddle East crisis overshadows trip with both countries dependent on energy importsBy Heejin Kim and Joyce Lee SEOUL, April 3 (Reuters) - ...Reuters
Fri, Apr 3
Trump says US can take Strait of Hormuz with more time
April 3 (Reuters) - President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war against Iran. "With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL,&...Reuters
Fri, Apr 3
Trump: US can take Strait of Hormuz with more time
April 3 (Reuters) - President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time."With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL,& MAKE A FORTUNE," Trump said in a post on Truth Social.Reuters
Fri, Apr 3
Turkish hydroelectric power output peaks at 40%, easing war-related energy pressures
Iran war expected to push up energy bill of net importer TurkeyHeavy rainfall boosts hydroelectric plant production after drought last yearHydroelectric plants' share of power production was 16% last yearBy Can SezerISTANBUL, April 3 (Reuters) - Turkey's hydroelectric plant power production ...Reuters
Fri, Apr 3
French-owned CMA CGM container ship passes Strait of Hormuz, data shows
First French-owned vessel to cross the Strait of Hormuz since Iran war beganFrench president has said diplomacy rather than a military operation is needed to open the StraitVessel's destination was changed to 'Owner France'By Nerijus Adomaitis and Dominique Vidalon PARIS, April 3 (Reu...Reuters
Fri, Apr 3
China and Canada to hold economic and financial dialogue this year, Xinhua reports
BEIJING, April 3 (Reuters) - China and Canada agreed to hold high-level economic and financial strategic dialogue in the second half of this year, China's state-run Xinhua news agency reported on Friday after a meeting between Chinese and Canadian officials in Beijing.Both sides should deepen ec...Reuters
Fri, Apr 3
RPT-BREAKINGVIEWS-Oil-shortage fallout will ooze slowly but surely
By Robert CyranNEW YORK, April 2 (Reuters Breakingviews) - Just as when oil spills, a shortage seeps slowly. Fallout from a blocked Strait of Hormuz, which typically carries 20% of the world's supply, will spread steadily across the planet.The directional part is simple. Because days in transit ...Reuters
Fri, Apr 3
Japanese LNG tanker crosses Strait of Hormuz, Mitsui O.S.K Lines says
TOKYO, April 3 (Reuters) - A Japanese liquefied natural gas tanker has crossed the Strait of Hormuz, its joint owner Mitsui O.S.K. Lines 9104.T said on Friday.Crew members on the Panama-flagged ship, "SOHAR LNG", remain safe, a Mitsui O.S.K. Lines spokesperson told Reuters, while declining t...Reuters
Fri, Apr 3
UK deploying Rapid Sentry air defence system to Kuwait, PM's office says
LONDON, April 3 (Reuters) - Britain is deploying its Rapid Sentry air defence system to Kuwait to help protect British and Kuwaiti interests in the Gulf, Prime Minister Keir Starmer's office said on Friday, after an overnight Iranian drone attack on a Kuwaiti oil facility.Starmer discussed the d...Reuters
Fri, Apr 3
CORRECTED-UK to send Rapid Sentry air defence system to Kuwait, PM's office says
LONDON, April 3 (Reuters) - Britain will deploy its Rapid Sentry air defence system to Kuwait to help protect British and Kuwaiti interests in the Gulf, Prime Minister Keir Starmer's office said on Friday, after an overnight Iranian drone attack on a Kuwaiti oil facility.Starmer discussed the de...Reuters
Fri, Apr 3
North American farmers pinch pennies on farm machinery as profitless growing season approaches
Farmers cut spending on big-ticket machinery due to high costs and low crop pricesTariffs on steel, aluminum and finished goods raise machinery prices, industry groups sayIndustry urges tariff cuts for relief; farmers delay purchases, keep older equipmentBy Ed White REGINA, Saskatchewan, April 3 ...Reuters
Fri, Apr 3
Putin spending much time on the escalating Middle East crisis, Kremlin says
MOSCOW, April 3 (Reuters) - Russian President Vladimir Putin is spending much time on the escalating Middle East crisis, Kremlin spokesman Dmitry Peskov said on Friday.Nearly five weeks after it began with joint U.S.-Israeli air strikes, the war in Iran continues to destabilise the region and unsett...Reuters
Fri, Apr 3
Russia's oil and gas revenue down 43% y/y in March, finance ministry says
Revenue is based on prices before oil spikedOil and gas revenue below targetMOSCOW, April 3 (Reuters) - Russian state oil and gas revenues declined in March by 43% to 617 billion roubles ($7.72 billion) from the same month a year ago, according to finance ministry data published on Friday, due to lo...Reuters
Fri, Apr 3
Russia's oil and gas revenue down 43% y/y to 617 bln roubles in March, finance ministry says
MOSCOW, April 3 - Russian state oil and gas revenues declined in March by 43% to 617 billion roubles ($7.72 billion) from the same month a year ago, according to finance ministry data published on Friday, due to lower oil prices and a stronger rouble.Revenue rose from 432.3 billion roubles in Februa...Reuters
Fri, Apr 3
CMA CGM container ship has crossed through Strait of Hormuz, BFM TV reports
PARIS, April 3 (Reuters) - A container ship belonging to French shipping group CMA CGM has crossed through the Strait of Hormuz, BFM TV, which belongs to the shipping company, said on Friday.CMA CGM did not immediately respond to a request for comment.Reuters
Fri, Apr 3
Abu Dhabi says debris from intercepted threat hit Habshan gas facilities, operations suspended
April 3 (Reuters) - Debris from an intercepted aerial threat fell on Abu Dhabi's Habshan gas facilities, prompting a temporary suspension of operations and a fire that emergency teams were working to contain, with no injuries reported, the Abu Dhabi Media Office said.Reuters
Fri, Apr 3
METALS-Aluminium slips on firmer dollar, but logs biggest weekly gain in a month
By Amy Lv and Lewis Jackson BEIJING, April 3 (Reuters) - Aluminium fell on Friday, as a stronger U.S. dollar and mounting fears of a potential economic recession due to a prolonged Iran war outweighed supply fears that helped the metal log its biggest weekly gain in a month.The most-traded alumin...Reuters
Fri, Apr 3
Kuwait says Iranian attack hit power, desalination plant causing damage
April 3 (Reuters) - Kuwait said an Iranian attack hit a power and water desalination plant on Friday, causing material damage to parts of the facility, the Ministry of Electricity, Water and Renewable Energy said.It said that emergency and technical teams were responding under contingency plans to m...Reuters
Fri, Apr 3
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