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Golden Dome, ships and missiles top Trump's $1.5 trillion fiscal 2027 defense wish list
By Mike Stone WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump is set to unveil a $1.5 trillion defense budget request for the next fiscal year on Friday, by far the largest year-over-year increase in defense spending in the post-World War Two era.Funding for Trump's marquee but co...
Reuters
Thu, Apr 2
Pakistan raises fuel prices again amid spiraling Mideast conflict
April 2 (Reuters) - Pakistan on Thursday raised consumer prices for diesel to 520.35 rupees ($1.88) per litre and petrol prices to 458.40 rupees per litre amid rising global oil prices spurred by the conflict in the Middle East."It was inevitable to raise the prices due to the international mar...
Reuters
Thu, Apr 2
US Plains HRW Wheat-Basis bids stay mostly flat, drought expands
CHICAGO, April 2 (Reuters) - Basis bids for hard red winter (HRW) wheat were mostly flat in the southern U.S. Plains, grain brokers said on Thursday, as drought expanded in the region.Beneficial rains were expected in the southeastern Plains after dry weather hurt crop conditions, analysts said. Per...
Reuters
Thu, Apr 2
PRECIOUS-Gold falls on firmer dollar, rising rate-hike expectations
Turkey's gold reserves tumble nearly 120 tons in two weeksIndian dealers charge first gold premiums in two monthsSilver down over 3% By Ashitha Shivaprasad April 2 (Reuters) - Gold prices fell on Thursday as the U.S. dollar and oil prices strengthened after President Donald Trump said the U.S...
Reuters
Thu, Apr 2
US agencies to monitor drinking water for microplastics, pharmaceuticals
Governors, environmental groups petitioned for moveStudies link microplastics to cancers and reproductive harm Health Secretary Kennedy has vowed to fight plastic pollutionBy Valerie Volcovici WASHINGTON, April 2 (Reuters) - The U.S. Environmental Protection Agency and Department of Health and Hu...
Reuters
Thu, Apr 2
Russia’s Lavrov discussed situation around Strait of Hormuz with Iran’s foreign minister
MOSCOW, April 2 (Reuters) - Russian Foreign Minister Sergei Lavrov discussed the situation around the safety of navigation in the Strait of Hormuz with Iran’s Foreign Minister Abbas Araghchi on Thursday, Russian state news agencies reported.
Reuters
Thu, Apr 2
Kremlin aide Ushakov says Strait of Hormuz is open for Russia, Ifax reports
MOSCOW, April 2 (Reuters) - Kremlin aide Yuri Ushakov said on Thursday that the Strait of Hormuz was open for Russia."It is open for us," said Ushakov, speaking on Russian state TV channel Vesti, Interfax news agency reported.The U.S.-Israeli war against Iran has all but halted shipments of ...
Reuters
Thu, Apr 2
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
By Anmol Choubey April 2 (Reuters) - U.S. energy firms this week added to the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes BKR.O said on Thursday.The oil and gas rig count, an early indicator of future output, rose by five to 54...
Reuters
Thu, Apr 2
Amazon Imposes 3.5% Fuel Surcharge For Many Online Merchants - Bloomberg News
April 2 (Reuters) - Amazon.com Inc AMZN.O:AMAZON IMPOSES 3.5% FUEL SURCHARGE FOR MANY ONLINE MERCHANTS - BLOOMBERG NEWSFUEL SURCHARGE FEES TAKE EFFECT ON APRIL 17 FOR CUSTOMERS OF THE COMPANY’S FULFILLMENT BY AMAZON SERVICE - BLOOMBERG NEWSSource text: https://tinyurl.com/392t58c3
Reuters
Thu, Apr 2
Kremlin aide Ushakov says Strait of Hormuz is open for Russia, Ifax reports
MOSCOW, April 2 (Reuters) - Kremlin aide Yuri Ushakov said on Thursday that the Strait of Hormuz was open for Russia.
Reuters
Thu, Apr 2
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
April 2 (Reuters) - U.S. energy firms this week added the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes BKR.O said on Thursday.The oil and gas rig count, an early indicator of future output, rose by 5 to 548 in the week to April 2.
Reuters
Thu, Apr 2
Cheniere Sabine Pass trims LNG output after production line outage
Sabine Pass LNG plant reduces gas intake due to production unit outageMaintenance work underway, production expected to ramp up after completion, sources told ReutersCheniere declines to comment on operations; expects 51 million metric tons exports this yearBy Curtis WilliamsHOUSTON, April 2 (Reuter...
Reuters
Thu, Apr 2
RPT-EXCLUSIVE-Italy to get LNG from QatarEnergy-Exxon's US Golden Pass from June, sources say
By Valentina Za, Angelo Amante and Francesca Landini MILAN/ROME, April 2 (Reuters) - Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture between QatarEnergy and Exxon Mobil XOM.N, from June, two sources familiar with the m...
Reuters
Thu, Apr 2
GRAINS-CBOT corn and soybean futures ease ahead of three-day holiday weekend
Stronger US dollar pressures grain exportsUSDA reports lower-than-expected weekly corn, wheat and soybean salesDrought expands in US Plains, wheat plantings expected at record lowsBy P.J. Huffstutter CHICAGO, April 2 (Reuters) - Chicago Board of Trade corn and soybean futures eased on Thursday, a...
Reuters
Thu, Apr 2
Britain says 40 countries discuss reopening Strait of Hormuz after Iran blockade
US was not involved in talks Vital oil route effectively shut as Iran war ragesCountries seek ways to reopen waterway after ceasefireUK will host meeting of military planners next weekBy Andrew MacAskill, John Irish and Muvija M LONDON/PARIS, April 2 (Reuters) - About 40 countries on Thurs...
Reuters
Thu, Apr 2
EU wheat recovers with oil before Easter break
PARIS, April 2 (Reuters) - Euronext wheat regained ground on Thursday with support from crude oil as comments by U.S. President Donald Trump tempered investor hopes of a swift end to the Iran war.The bounce on Euronext was moderate, however, with participants adjusting positions before a holiday wee...
Reuters
Thu, Apr 2
WTI rallies as Trump signals continued military action against Iran
West Texas Intermediate (WTI) Crude Oil rebounds sharply on Thursday, rising more than 8% on the day, as ongoing tensions in the Middle East continue to keep a geopolitical risk premium embedded in prices amid supply disruptions through the Strait of Hormuz.
WTI
Fxstreet
Thu, Apr 2
Venezuelan oil tycoon Ruperti released from detention, law firm says
CARACAS, April 2 (Reuters) - Venezuelan oil businessman Wilmer Ruperti was released from detention by the country's intelligence police, a law firm representing him said on Thursday, following a video posted on social media showing him in his house.Ruperti was called for a meeting on March 19 an...
Reuters
Thu, Apr 2
Trump to reduce steel, aluminum tariff rates for derivative products, sources say
April 2 (Reuters) - The Trump administration plans to reshape its steel and aluminum tariff regime, keeping a 50% tariff for commodity steel and aluminum imports while reducing duties on derivative products made from the metals to 15% or 25%, depending on the product, two sources familiar with the p...
Reuters
Thu, Apr 2
METALS-Copper falls as hopes for quick end to Iran war fade
April 2 (Reuters) - Copper fell for the first time in five sessions on Thursday on renewed investor concerns over economic growth after U.S. President Donald Trump vowed more strikes on Iran and gave no specific timeline to end the Middle East conflict.Benchmark three-month copper CMCU3 on the Londo...
Reuters
Thu, Apr 2
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