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Putin, UAE president discuss Middle East in phone call, Kremlin says
MOSCOW, March 31 (Reuters) - Russian President Vladimir Putin and UAE President Sheikh Mohammed bin Zayed Al Nahyan spoke by phone on Tuesday and expressed serious concern about the military and political situation in the Middle East, the Kremlin said.The parties emphasised the importance of bringin...
Reuters
Tue, Mar 31
Barrick Forms New Leadership Group To Pursue North American IPO- Bloomberg News
March 31 (Reuters) - BARRICK FORMS NEW LEADERSHIP GROUP TO PURSUE NORTH AMERICAN IPO- BLOOMBERG NEWSSource text: https://tinyurl.com/2v6t38pj
Reuters
Tue, Mar 31
Absences fall sharply after US airport security workers finally get paid
By David Shepardson WASHINGTON, March 31 (Reuters) - The Transportation Security Administration said absences among the nation's 50,000 security officers fell sharply on Monday as workers were paid after working six weeks without a paycheck, and major airports that had suffered multi-hour lin...
Reuters
Tue, Mar 31
EU may revive 2022 energy crisis measures in response to Iran war
EU preparing measures to respond to energy price surgeConsidering revising crisis response from 2022, which included gas price capEU tells members to prepare for 'prolonged disruption' to energy marketsJet fuel, diesel supplies main concern in short termBy Kate Abnett BRUSSELS, March 31 (...
Reuters
Tue, Mar 31
US oil heads to Greece for first time in four years as refiners look for alternatives to Middle East crude
HOUSTON, March 31 (Reuters) - A cargo of WTI Midland crude headed to Greece for the first time in about four years, ship tracking data on Kpler showed, as U.S. and Israel's war on Iran and reduced traffic through the Strait of Hormuz have upended trade flows and shut in output in the region. ...
Reuters
Tue, Mar 31
EU wheat set for third consecutive monthly gain
PARIS, March 31 (Reuters) - European wheat futures were poised for a third straight monthly gain in March, supported by strong oil prices and a rebound in wider markets on hopes of de-escalation in the Middle East, though a strong euro on Tuesday tempered advances.Benchmark May milling wheat BL2K6 o...
Reuters
Tue, Mar 31
EU prepares energy toolbox to shield households as Iran war energy costs mount
BRUSSELS, March 31 (Reuters) - The EU is preparing a "toolbox" of measures for member states to deal with the consequences of the war in Iran, as energy markets will remain disrupted for a long time, EU Energy Commissioner Dan Jorgensen said on Tuesday."In financial terms, 30 days of con...
Reuters
Tue, Mar 31
Romania blocking Black Sea gas exploration, Black Sea Oil & Gas CEO says
BSOG interested to drill new offshore gas exploration wellsRomania has not auctioned off new exploration blocks in 15 years BUCHAREST, March 31 (Reuters) - Romania is hindering further offshore gas exploration in the Black Sea by not auctioning off new blocks, the chief executive of an offshore g...
Reuters
Tue, Mar 31
Vale base metals sees no impact on the nickel business due to sulphur disruption
By Divya RajagopalTORONTO, March 31 (Reuters) - Vale Base Metals CEO Shaun Usmar said the company does not see any impact on its nickel business due to the ongoing sulphur disruption due to the war in the Middle East.Sulphar is one of the key chemicals used to process nickel. Usmar said since the mi...
Reuters
Tue, Mar 31
EU ministers push for tighter coordination on energy amid Iran war, Cyprus minister says
BRUSSELS, March 31 (Reuters) - European Union energy ministers said that stronger coordination is needed on gas storage to avoid price spikes, though they agreed Europe's wider energy supply remains relatively safeguarded from the impact of the Iran war, Cyprus Energy Minister Michael Damianos s...
Reuters
Tue, Mar 31
China's Leapmotor signs carbon credits deal with Stellantis for Europe, UK markets
March 31 (Reuters) - Zhejiang Leapmotor Technology 9863.HK has entered into an agreement for the transfer of carbon credits it generates in Europe and the UK over the rest of 2026 to the subsidiaries of Stellantis STLAM.MI.The agreement covers credits generated by the sale and registration of all ba...
Reuters
Tue, Mar 31
Planned LNG plant in Alaska seeks equipment from sanctioned Russia firm
By Timothy Gardner WASHINGTON, March 30 (Reuters) - The head of Polar LNG, a company that plans to build a liquefied natural gas plant on Alaska's North Slope, said his company is hoping to buy discounted equipment from a Russian project on which Washington has imposed sanctions.Polar LNG lau...
Reuters
Tue, Mar 31
Renewable energy producers downsize operations in Brazil due to operational restrictions
Atlas, Newave, and Voltalia cut jobs due to restrictionsRestrictions cause losses, hinder renewable energy growthUnclear compensation, regulatory instability deter investmentsBy Leticia Fucuchima SAO PAULO, March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with...
Reuters
Tue, Mar 31
PRECIOUS-Gold rises over 2%, but on track for worst month since 2008
US urges Tehran to make a dealGoldman still sees gold reaching $5,400 per ounce by end of 2026Silver up nearly 5% but down 22% for the month Platinum, palladium head for monthly declines By Ashitha Shivaprasad March 31 (Reuters) - Gold rose on Tuesday, but remained on track for its steepest month...
Reuters
Tue, Mar 31
TSA absences fall sharply after US airport security workers get paid
March 31 (Reuters) - The Transportation Security Administration said absences among the nation's 50,000 security officers fell sharply on Monday as workers got paid after working six weeks without a paycheck.The Homeland Security Department said the absence rate fell to 8.6% after being as high ...
Reuters
Tue, Mar 31
US natural gas futures rise, poised for quarterly fall
By Sarah Qureshi March 31 (Reuters) - U.S. natural gas futures rebounded on Tuesday after hitting a one‑month low in the previous session, but prices were on track for a quarterly loss as traders closely monitored developments in the Middle East war.Front-month gas futures for May delivery NGc1 o...
Reuters
Tue, Mar 31
OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
OPEC March output plunges 7.3 million bpdEight OPEC+ producers had pledged to keep output steady before Iran war forced export cutsBiggest drop is in IraqBy Alex Lawler LONDON, March 31 (Reuters) - OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in ...
Reuters
Tue, Mar 31
Aluminium premiums soar after Gulf smelter attacks
March 31 (Reuters) - Aluminium premiums in Europe and Japan have surged this week after Iranian attacks on smelters in the Gulf on Saturday intensified concerns over supply of the metal.The European duty-paid aluminium premium for April delivery is up 16% EPDc2 since Friday at $594 a metric ton, the...
Reuters
Tue, Mar 31
Silver price rallies on US-Iran de-escalation hopes, softer inflation outlook
Silver (XAG/USD) surges on Tuesday and trades around $73.70 at the time of writing, up 5.14% on the day.
Silver
Fxstreet
Tue, Mar 31
Oil: Mixed product impact and Hormuz risk – Commerzbank
Commerzbank analysts Carsten Fritsch and Barbara Lambrecht highlight that the Iran war and Strait of Hormuz closure have sharply lifted Brent and refined product prices, especially diesel and jet fuel.
Fxstreet
Tue, Mar 31
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