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PRECIOUS-Gold recovers from four-month low as oil falls after Trump delays Iran strikes
Gold pares some losses, down 2%Brent crude falls over 12% after Trump's remarksTrump says he has postponed strikes on Iranian power plantsBy Ishaan Arora and Pablo Sinha March 23 (Reuters) - Gold pared some earlier losses on Monday after U.S. President Donald Trump said he would delay any st...Reuters
Mon, Mar 23
Gold rebounds from year-to-date lows as Trump delays Iran energy strikes
Gold (XAU/USD) rebounds from year-to-date lows on Monday as bargain hunting emerges after a steep sell-off, with the metal finding support after news that US President Donald Trump postponed planned strikes against Iran's power plants and energy infrastructure.
Fxstreet
Mon, Mar 23
WTI Oil drops as US strike delay eases Middle East supply disruption fears
West Texas Intermediate (WTI) US Oil trades around $92.20 on Monday at the time of writing, down 5.45% on the day, after falling sharply from around $100 to a daily low of $83.99, its lowest level in more than a week, amid a relative easing of geopolitical tensions.
Fxstreet
Mon, Mar 23
EasyJet warns Iran war will push up ticket prices from end of summer
NEWCASTLE, England, March 23 (Reuters) - The chief executive of easyJet EZJ.L said European consumers would start to see higher ticket prices as a result of the Iran war towards the end of summer, when existing fuel hedges come to an end. "The reality is that prices will start feeding through to...Reuters
Mon, Mar 23
UPDATE 1 -Putin calls for 'balanced decisions' on use of Russia's energy revenues
MOSCOW, March 23 (Reuters) - Russian President Vladimir Putin told the government on Monday to make "balanced decisions" on how to use newly boosted state revenues from energy exports amid a spike in global prices.He also stressed the need to shield the economy and public accounts from exter...Reuters
Mon, Mar 23
Iran's Tasnim, citing official, says Hormuz won't return to pre-war conditions, no talks underway with US
March 23 (Reuters) - Iran's Tasnim news agency, citing an Iranian official, said that the strait of Hormuz will not return to pre-war conditions and energy markets will remain unsettled, adding that no negotiations with the U.S. are under way. Tasnim said U.S. President Donald Trump backed down ...Reuters
Mon, Mar 23
RPT-BREAKINGVIEWS-Iran war will put energy barters on the table
By Antony Currie MELBOURNE, March 23 (Reuters Breakingviews) - Fatih Birol is trying to shake the world out of its complacency. In a visit to Canberra on Monday, the boss of the International Energy Agency echoed sobering comments he gave to the Financial Times last week that the U.S.-Israeli war...Reuters
Mon, Mar 23
Russia's Rosatom is preparing for ‘several waves of evacuation’ from Bushehr nuclear power plant, media report
March 23 (Reuters) - The Russian state nuclear corporation, Rosatom, said on Monday that it is preparing for "several waves of evacuation" of its staff from the Bushehr nuclear power plant, state news agency TASS reported.TASS quoted Alexei Likhachev, Rosatom's head, as saying that the p...Reuters
Mon, Mar 23
Hungary's Orban orders probe into alleged wiretapping of minister over Russia links
Orban faces tough election on April 12Launches probe into alleged tapping of minister's callsMedia report says minister informed Moscow about EU meetingsOrban blocked loan to Ukraine last weekBy Krisztina Than BUDAPEST, March 23 (Reuters) - Hungarian Prime Minister Viktor Orban ordered a prob...Reuters
Mon, Mar 23
Russia's Ust-Luga restarts oil exports, Primorsk remains shut after drone attacks, sources say
Primorsk and Ust-Luga Russia's largest western oil export hubsPrimorsk was previously attacked in SeptemberFuel reservoirs in Primorsk set ablaze by drones, governor says MOSCOW, March 23 (Reuters) - Russia's Baltic Sea port of Ust-Luga resumed oil loadings on Monday after a drone attack ...Reuters
Mon, Mar 23
METALS-Copper spikes higher 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 ...Reuters
Mon, Mar 23
RPT-Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
LONDON, March 23 - Oil prices fell by over 13% on Monday after U.S. President Donald Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrastructure.Brent crude futures LCOc1 had fallen around $17, or 15% to a session low of $96 a barrel by 1108 ...Reuters
Mon, Mar 23
Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure
LONDON, March 23 - Oil prices fell by over 13% on Monday after U.S. President Donald Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrastructure.Brent crude futures LCOc1 had fallen around $17, or 15% to a session low of $96 a barrel by 1108 ...Reuters
Mon, Mar 23
China limits fuel price hike to cushion impact of rising oil prices
NDRC limits fuel price hike brought on by Iran turmoilGasoline and diesel retail ceilings rose over $161 per ton, largest adjustments on recordDrivers queue at gas stations ahead of price riseHigh oil prices may deepen refining losses, analysts warnBy Sam Li and Lewis Jackson BEIJING, March 23 (R...Reuters
Mon, Mar 23
German economy spokesperson: not aware of supply bottlenecks due to Iran war
BERLIN, March 23 (Reuters) - A German economy ministry spokesperson said on Monday that he was not aware of any specific supply bottlenecks due to the closure of the Strait of Hormuz amid fighting in the region."At present, Germany's energy supply security is guaranteed," reiterated the ...Reuters
Mon, Mar 23
UK's Starmer calls emergency meeting on economy as Iran war risks mount
Markets fall on Monday after Trump threats over the weekendBritain's bonds fall more steeply than peersStarmer asks for 'every lever' to be discussed at CobraBy Andy Bruce March 22 (Reuters) - Prime Minister Keir Starmer summoned a national emergency meeting on Monday to deal with the...Reuters
Mon, Mar 23
RPT-ROI-Trump's Iran war oil shield is cracking: Bousso
By Ron Bousso LONDON, March 23 (Reuters) - U.S. President Donald Trump went into the Iran war convinced that America’s vast oil wealth would insulate the country from the kind of energy shock now battering much of the world. Four weeks into the conflict, that shield is looking fragile.Trump’s wag...Reuters
Mon, Mar 23
PRECIOUS-Gold plunges on stronger dollar, Fed tightening expectations
Gold falls to lowest level since November Silver, platinum at lowest since mid-DecemberOil prices hold above $110/bblMarket bets on Fed rate hike increasesBy Ishaan Arora and Pablo Sinha March 23 (Reuters) - Gold fell more than 8% at one point on Monday, hitting a four-month low, after logging i...Reuters
Mon, Mar 23
