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PRECIOUS-Gold rises more than 1%, but on track for worst month since 2008
Iran sets giant oil tanker ablaze off Dubai after Trump warningsGoldman still sees gold reaching $5,400 per ounce by end of 2026Silver, platinum, palladium head for monthly declines By Ashitha Shivaprasad March 31 (Reuters) - Gold rose on Tuesday, but remained on track for its steepest monthly de...
Reuters
Tue, Mar 31
Startup Voltify raises $30 million for rail electrification platform
JERUSALEM, March 31 (Reuters) - U.S.-Israeli startup Voltify raised $30 million in a private funding round to accelerate development of its platform to enable rail operators to transition from diesel to electric without heavy infrastructure investments, it said on Tuesday. Voltify was founded by...
Reuters
Tue, Mar 31
RPT-ROI-Unloved battery metal lead has new financier friends: Andy Home
By Andy Home LONDON, March 31 (Reuters) - Lead is the battery metal no one wants in the age of electrification. Its toxic legacy casts a long shadow, even as lead-acid batteries remain standard in virtually every vehicle, including hybrids and electric vehicles. Stocks of the heavy m...
Reuters
Tue, Mar 31
Constellation to ask regulators for help speeding up Three Mile Island nuclear power plant restart, CEO says
By Laila KearneyNEW YORK, March 31 (Reuters) - Constellation Energy CEG.O will make a request to U.S. energy regulators on Tuesday in an attempt to speed up its connection of the Three Mile Island nuclear power plant in Pennsylvania to the electric grid and meet its goal of restarting the plant by t...
Reuters
Tue, Mar 31
Brazil's Petrobras to hike jet fuel prices by 55%, airline group says
SAO PAULO, March 31 (Reuters) - Abra Group, the holding company that controls airline Gol GOLL54.SA, said on Tuesday that Brazilian state-run oil firm Petrobras PETR3.SA will raise jet fuel prices by about 55% starting April 1.Petrobras tweaks jet fuel prices at the beginning of each month based on ...
Reuters
Tue, Mar 31
WTI Crude Oil pulls back on Iran de-escalation hopes as markets eye API inventory draw
West Texas Intermediate (WTI) US Oil trades around $99.60 on Tuesday, down 2.30% on the day at the time of writing, ending a four-day winning streak as markets react to signs that geopolitical tensions in the Middle East could ease.
WTI
Fxstreet
Tue, Mar 31
CBOT Trends-Wheat up 2-4 cents, corn down 1-3 cents, soy up 3-5 cents
CHICAGO, March 31 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday.Traders awaited the U.S. Department of Agriculture prospective plantings and quarterly grain stocks reports due a...
Reuters
Tue, Mar 31
Ukrainian drones strike Russia's Ust-Luga port again, sources say oil terminal hit
Kyiv stepping up attacks on Russian oil export facilitiesHarder for Russia to export oil due to the attacksTransneft's oil terminal was hit on Tuesday, sources saidGovernor says attack consequences 'eliminated'Kremlin calls the strikes 'terrorist attacks' MOSCOW, March 31 (Reu...
Reuters
Tue, Mar 31
At least 25 sanctioned Russian ships pass through UK waters after boarding threat
Starmer said the UK would detain sanctioned Russian vesselsSanctioned Russian ships pass through UK waters at same rateExperts cite legal hurdles to UK military boarding the shipsDefence ministry says action will be on a case-by-case basisBy Andrew MacAskill and Muvija M LONDON, March 31 (Reuters...
Reuters
Tue, Mar 31
Hegseth: more vessels are flowing through the Strait of Hormuz
WASHINGTON, March 31 (Reuters) - More vessels are flowing through the Strait of Hormuz, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday."There are countries around the world who ought to be prepared to step up on this critical waterway as well," he told reporters.
Reuters
Tue, Mar 31
PRECIOUS-Gold gains but on track for biggest monthly loss in nearly two decades
Gold down more than 13% so far this monthGold, silver set for fifth quarterly risePlatinum, palladium set to post first quarterly loss in fiveDollar eyes best month in eight as war's safe-haven shelterBy Ishaan Arora March 31 (Reuters) - Gold rose on Tuesday but was set for its biggest monthl...
Reuters
Tue, Mar 31
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
March 30 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financia...
Reuters
Tue, Mar 31
Hegseth: talks to end Iran war are ongoing, gaining strength
WASHINGTON, March 31 (Reuters) - Talks aimed at ending the conflict between the United States and Iran are ongoing and gaining strength, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday.
Reuters
Tue, Mar 31
How an Indian LPG tanker escaped Hormuz via an unusual route
New Delhi says 18 Indian‑flagged vessels still in Persian GulfSix have safely transited Strait of Hormuz, mainly carrying LPGIran allows passage for 'friendly nations' such as India, ChinaBy Saurabh Sharma NEW DELHI, March 31 (Reuters) - A day before Israel and the United States attacked...
Reuters
Tue, Mar 31
South Africa announces one-month fuel levy cut to limit pump price hikes
Fuel levy lowered by 3 rand a litre for AprilLost tax revenue will be recouped via other meansPressure had been building on government to intervenePetrol price will still rise 15%, diesel 40%By Kopano Gumbi JOHANNESBURG, March 31 (Reuters) - South Africa will reduce its fuel levy for one month to...
Reuters
Tue, Mar 31
SPAR Group 2025 net loss widens on restructuring costs
OverviewUS merchandising and marketing services firm's fiscal 2025 net revenue declined 17% yr/yrConsolidated gross margin declined to 15.9% from 20.5% due to service mix changesCompany's net loss for fiscal 2025 widened due to restructuring costs and severanceOutlookCompany expects a reboun...
Reuters
Tue, Mar 31
Edison says Qatar still evaluating impact of Iran attack on LNG supply
By Francesca Landini MILAN, March 31 (Reuters) - QatarEnergy has yet to update its liquefied natural gas (LNG) customers on the impacts of recent attacks on its gas plants, Edison EDNn.MI CEO Nicola Monti said on Tuesday.Monti said a pause in LNG supply until mid‑June, which QatarEnergy notified ...
Reuters
Tue, Mar 31
Gold hovers below $4,600 as traders weigh Mideast de-escalation hopes and interest rate outlook
Gold (XAU/USD) trades with an upside bias on Tuesday, on hopes of de-escalation in the Middle East conflict.
Gold
Fxstreet
Tue, Mar 31
Hegseth says he visited U.S. troops in the Middle East
WASHINGTON, March 31 (Reuters) - U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday that he had visited troops in the Middle East on Saturday to witness the military operation against Iran.
Reuters
Tue, Mar 31
GRAINS-Wheat rises on US dryness; soybeans, corn ease ahead of planting report
Wheat firms as U.S. dryness likely to curb winter crop yieldsSoybeans, corn down in positioning before the USDA report By Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, March 31 (Reuters) - Chicago wheat futures ticked higher on Tuesday, gaining for a second session as persistent dryne...
Reuters
Tue, Mar 31
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