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Portugal proposes diesel subsidy to mitigate Iran war energy cost
By Sergio Goncalves LISBON, March 27 (Reuters) - Portugal proposed a temporary subsidy of 10 euro cents per litre on diesel for key sectors such as agriculture and transport on Friday to ease fuel cost increases due to the Iran war.The subsidies could cost up to 450 million euros ($519 million) o...Reuters
Fri, Mar 27
US finalizes biofuel blending quotas for 2026-27
WASHINGTON, March 27 (Reuters) - The Trump administration on Friday finalized new biofuel blending volumes mandates for the U.S. refining industry, setting the 2026 biofuel obligations at 26.81 billion RINs and the 2027 obligation at 27.02 billion RINs, and requiring large refiners to make up for 70...Reuters
Fri, Mar 27
US expects Iran operation to conclude in weeks, not months, says Rubio
PARIS, March 27 (Reuters) - Secretary of State Marco Rubio said on Friday the U.S. expects its operation in Iran to conclude in "weeks, not months" after he met with G7 foreign ministers in France.Rubio also said Iran may decide to set up a tolling system for the Strait of Hormuz.Reuters
Fri, Mar 27
Chinese ships halt attempt to exit Hormuz despite Iran safe passage assurances
Two container ships turned back into GulfOperator COSCO recently resumed taking Gulf bookingsIran has given assurances for some countriesIran's own exports, imports largely unfetteredBy Jonathan Saul LONDON, March 27 (Reuters) - Two Chinese container ships turned backed after trying to exit t...Reuters
Fri, Mar 27
GRAINS-Chicago soy slips on profit taking ahead of revised US biofuel targets
Profit-taking pressures soybean pricesGrain markets turn attention to March 31 US planting dataBy Heather Schlitz CHICAGO, March 27 (Reuters) - Chicago soybean futures ticked lower on profit taking ahead of an expected White House announcement later on Friday of revised U.S. biofuel targets that ...Reuters
Fri, Mar 27
US SBA to open up new loan guarantees for farmers and food suppliers, White House official says
WASHINGTON, March 27 (Reuters) - The U.S. Small Business Administration will open up new loan guarantees for farmers and food suppliers as part of actions President Donald Trump will announce on Friday, a White House official said.Reuters
Fri, Mar 27
WTO reform talks face U.S.-India wall in Cameroon, diplomats say
By Olivia Le Poidevin YAOUNDE, March 27 (Reuters) - Large differences remain between most countries and the U.S. and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats told Reuters on Friday.The ministers are meeting in Yaounde, Cameroon, as the organi...Reuters
Fri, Mar 27
Mercosur and Canada near free-trade agreement with April talks
Deal expected to conclude in 2026, possibly before SeptemberCanada seeks trade diversification amid US tariff uncertaintyMercosur-Canada talks follow EU trade agreement with MercosurBy Lucinda Elliott, Lisandra Paraguassu and Promit Mukherjee MONTEVIDEO/BRASILIA, March 27 (Reuters) - Canada and S...Reuters
Fri, Mar 27
Slovenia's PM launches coalition talks after cliffhanger election
Golob seeks coalition partners for majority in parliamentGS and SDS closely matched in election resultsSDS files complaints over alleged voting irregularitiesBy Daria Sito-Sucic SARAJEVO, March 27 (Reuters) - Slovenia’s Prime Minister Robert Golob launched talks on a broad coalition with leaders ...Reuters
Fri, Mar 27
Russia-origin fuel tanker bound for Cuba arrived in Venezuelan waters, ship data shows
Another Russia-origin vessel remains en route to CubaTwo ships carrying humanitarian aid from Mexico are missingUS has authorized supplies to private sector, not to Cuba's governmentBy Marianna Parraga March 27 (Reuters) - A tanker carrying some 200,000 barrels of Russia-origin fuel origi...Reuters
Fri, Mar 27
West African oil flows slow as sellers hold cargoes amid Hormuz closure, traders say
West African crude cargoes yet to be placed due to high demand and Iran warSellers reserve barrels for own refining, await high bidsFreight costs rise, impacting trade logistics to AsiaBy Seher Dareen and Robert Harvey LONDON, March 27 (Reuters) - West African crude oil trade for April-loading ca...Reuters
Fri, Mar 27
U.S. natural gas futures rise on cooler weather outlook ahead of contract expiry
By Sarah Qureshi March 27 (Reuters) - U.S. natural gas futures rose more than 2% on Friday on expectations of cooler temperatures boosting demand and positioning ahead of the expiry of the front-month contract.Front-month gas futures for April delivery NGc1 on the New York Mercantile Exchange ros...Reuters
Fri, Mar 27
GLOBAL MARKETS-Stocks fall and oil prices rise as fears persist over Middle East war
Stocks continue to slide as Trump fails to calm marketsUS Treasury yields hit highest since July as bonds fallAnalyst: 'Words alone aren’t cutting it right now'By Chibuike Oguh and Harry Robertson NEW YORK/LONDON, March 27 (Reuters) - Global stock markets fell and oil prices rose on Frida...Reuters
Fri, Mar 27
Chile's Codelco logs $4.85 billion pre-tax profit in 'very difficult' 2025
SANTIAGO, March 27 (Reuters) - Chilean state-owned Codelco [RIC:RIC:COBRE.UL], the world's largest copper producer, on Friday reported a pre-tax profit of $4.85 billion in 2025.The company, which remits all its profits to the government, reported that its own production totaled 1.33 million metr...Reuters
Fri, Mar 27
Russia-origin fuel tanker bound for Cuba arrived in Venezuelan waters -ship data
March 27 (Reuters) - A tanker carrying some 200,000 barrels of Russia-origin fuel originally bound for Cuba has arrived in Venezuelan waters, LSEG ship monitoring data showed on Friday.The Hong Kong-flagged vessel Sea Horse, which earlier this year loaded Russia-origin diesel through a ship-to-ship ...Reuters
Fri, Mar 27
GLOBAL LNG-Asia spot LNG prices down as US pauses Iran attacks
Prices drop from highest level since end-2022Prices still up over 95% from pre-war levelsFuel switching, demand destruction emerging in South AsiaAtlantic LNG freight rates hit lowest since war beganBy Marwa Rashad LONDON, March 27 (Reuters) - Asia spot liquefied natural gas prices dropped this w...Reuters
Fri, Mar 27
G7 foreign ministers demand an end to attacks on civilians in Iran war
VAUX-DE-CERNAY, France, March 27 (Reuters) - The foreign ministers of the G7 group of nations called on Friday for an immediate stop to attacks against civilians and civilian infrastructure in the Iran war.In a joint statement agreed on the second day of a G7 meeting in France - this year's host...Reuters
Fri, Mar 27
Silver price climbs on geopolitical jitters, faces drag from higher yields
Silver (XAG/USD) trades around $68.50 on Friday at the time of writing, up 0.59% on the day, supported by renewed investor interest. Despite this uptick, the white metal remains within a broadly sideways trend, as market participants stay cautious amid an uncertain macroeconomic environment.
Fxstreet
Fri, Mar 27
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