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Kremlin denies Politico report on Russian proposal to U.S. on cutting intelligence sharing with Iran
March 23 (Reuters) - The Kremlin on Monday cast as false a Politico report that Russia had offered to cut off intelligence sharing with Iran in exchange for the United States ending its support for Ukraine."This report - we have seen it," Kremlin spokesman Dmitry Peskov told reporters. "...
Reuters
Mon, Mar 23
Kremlin says strikes near Bushehr nuclear plant in Iran are dangerous
MOSCOW, March 23 (Reuters) - U.S.-Israeli strikes near the Bushehr nuclear power plant in Iran are extremely dangerous and Russia has shared its concerns with the United States, Kremlin spokesman Dmitry Peskov said on Monday.Such strikes could have irreparable consequences, Peskov said.
Reuters
Mon, Mar 23
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $64.58 per troy ounce, down 4.82% from the $67.85 it cost on Friday.
Silver
Fxstreet
Mon, Mar 23
EUROPE GAS-European prices rise over Middle East energy war jitters
OSLO, March 23 (Reuters) - Dutch and British gas contracts rose early on Monday and face another volatile trading session as the war in the Middle East risks escalating strikes on energy infrastructure and the reopening of the Strait of Hormuz remains elusive. The benchmark Dutch front-month contrac...
Reuters
Mon, Mar 23
ADNOC CEO to address CERAWeek virtually, will travel to Washington, spokesperson tells Reuters
March 23 (Reuters) - Abu Dhabi state oil giant ADNOC's Group Chief Executive Sultan Al Jaber will not travel to Houston for the CERAWeek energy conference and will participate virtually, an ADNOC spokesperson told Reuters. Al Jaber will travel to Washington on a 48-hour trip to hold a series of ...
Reuters
Mon, Mar 23
Oil: Higher prices with prolonged Gulf disruption – Rabobank
Rabobank strategists Michael Every, Florence Schmit and Joe DeLaura note that Brent crude has surged as Middle East conflict intensifies and the Strait of Hormuz remains effectively closed.
WTI
Fxstreet
Mon, Mar 23
Greece announces subsidies to shield consumers, farmers from energy price spike
Adds detail, quotes ATHENS, March 23 (Reuters) - Greece will offer subsidies for fuel and fertilisers and ferry ticket discounts worth a total 300 million euros ($346 million) in April and May to shield consumers and farmers from rising energy prices stemming from the Iran conflict, Prime Ministe...
Reuters
Mon, Mar 23
US: Energy insulation but higher inflation pressures – Deutsche Bank
Deutsche Bank economists argue that the US is relatively shielded on growth from the current energy shock due to its net energy exporter status, but still faces a notable inflation impulse.
Fxstreet
Mon, Mar 23
Gold: Technical support tested as liquidation continues – MUFG
MUFG’s Senior Currency Analyst Lee Hardman reports that Gold and other precious metals are under pressure despite heightened geopolitical risks.
Gold
Fxstreet
Mon, Mar 23
Greece announces subsidies to shield consumers, farmers from energy price spike
ATHENS, March 23 (Reuters) - Greece will offer subsidies for fuel and fertilisers and ferry ticket discounts worth a total 300 million euros ($346 million) in April and May to shield consumers and farmers from rising energy prices stemming from the Iran conflict, Prime Minister Kyriakos Mitsotakis s...
Reuters
Mon, Mar 23
Oil: Demand elasticity estimates point to limited relief – Societe Generale
Societe Generale economists argue that Oil demand remains structurally inelastic despite sharp price gains. They estimate short‑run crude demand elasticity at –0.024, implying around 1.2 mb/d of lost demand so far, and warn that a move toward $150/bbl could destroy up to 2.7 mb/d of consumption.
Fxstreet
Mon, Mar 23
PRECIOUS-Gold dives to 4-month low as inflation pressures lift rate hike bets
Gold down for 9th straight session after worst week in 43 yearsSilver, platinum lowest since mid-DecemberIran vows to hit Gulf infrastructure if US strikes power gridMarket bets on Fed rate hike this year surgeBy Noel John March 23 (Reuters) - Gold slid more than 8% on Monday to hit its lowest le...
Reuters
Mon, Mar 23
South Africa's Thungela posts full-year loss on weaker coal prices
March 23 (Reuters) - South African coal miner Thungela Resources TGAJ.J reported a a full-year loss on Monday, hit by a decline in prices.The thermal coal exporter reported a headline loss per share of 6.47 rand ($0.3752) in the year ended December 31, from headline earnings per share of 25.59 rand ...
Reuters
Mon, Mar 23
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
March 23 (Reuters) - A surge in jet fuel prices, driven by the U.S.-Israeli war on Iran, has upended the global aviation industry, prompting airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85-$90 per barrel to $150-$200 per barrel in recent days for an indust...
Reuters
Mon, Mar 23
Gold Price Slumps. Spot Gold Drops More Than 8% Intraday.
TradingKey - As of 15:25 Beijing Time, spot gold (XAUUSD) plunged over 8% intraday to $4,118 per ounce, while New York gold futures plummeted 10%, marking a rare single-day decline in recent years.
Gold
TradingKey
Mon, Mar 23
Greece to announce new aid to tame impact of Iran war on consumers
March 23 (Reuters) - Greek Prime Minister Kyriakos Mitsotakis will announce on Monday new aid to support consumers from rising energy prices stemming from the Iran conflict, his office said.The government this month imposed a three-month cap on profit margins on fuel and dozens of products on superm...
Reuters
Mon, Mar 23
METALS-Copper slides to over three-month low as Middle East war escalates
March 23 (Reuters) - Copper slid to over three-month lows on Monday, with a fresh escalation in the Middle East war keeping oil prices high after the U.S. and Iran traded threats.The most-active copper contract SCFcv1 on the Shanghai Futures Exchange closed down 2.44% at 92,100 yuan ($13,333.33) a ...
Reuters
Mon, Mar 23
Forex Today: Middle East Crisis Deepens, Gold Plunges to Fresh 2026-low
Safe-haven flows dominate the action in financial markets as tensions in the Middle East continue to escalate. In the absence of high-tier macroeconomic data releases, investors will pay close attention to geopolitical headlines on Monday.
Gold
Fxstreet
Mon, Mar 23
Siemens CEO says customers holding back on investments due to Iran war
Siemens CEO says customers delaying new projectsSiemens expands industrial AI partnership with AlibabaChinese open-source AI models praised for being cheaper, more customisableBy Laurie Chen BEIJING, March 23 (Reuters) - German industrial giant Siemens SIEGn.DE said on Monday that the Iran war ha...
Reuters
Mon, Mar 23
South Africa's Thungela posts full-year loss on weaker coal prices
March 23 (Reuters) - South African collier Thungela Resources TGAJ.J on Monday posted a full-year loss, hit by the decline in coal prices.The thermal coal exporter reported a headline loss per share of 6.47 rand ($0.3752) in the year ended December 31, from headline earnings per share of 25.59 rand ...
Reuters
Mon, Mar 23
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