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ROI-Every missile fired over Iran is burning through US tungsten stocks: Andy Home
By Andy Home LONDON, March 23 (Reuters) - The U.S. and Israel have used thousands of munitions in their air campaign against Iran. Most, if not all of them, contain tungsten - a super-hard metal that allows missiles to penetrate armour or underground bunkers. Unlike a tungsten carbide drill b...Reuters
Mon, Mar 23
WTI climbs above $99.00 as Middle East tensions escalate, Trump threatens Iran over Strait of Hormuz
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $99.10 during the early European trading hours on Monday. The WTI price jumps amid an escalating conflict in the Middle East.
Fxstreet
Mon, Mar 23
PRECIOUS-Gold at its weakest level this year, drops 5% on rate-hike bets
Gold down for 9th straight session after worst week in 43 yearsSilver, platinum post sharp declinesIran 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 5% on Monday, reaching its weakest leve...Reuters
Mon, Mar 23
Silver Plunges Nearly 9%, Having Previously Erased All Gains for the Year. Global Liquidity Run Is Erupting
TradingKey - Spot silver plummeted during Monday's Asian trading session, with intraday losses expanding to over 8% as prices broke below the $62 mark, hitting a new yearly low. Technical charts showed a distinct "waterfall" decline in a short period, signaling a rapid shift in market sentiment.
TradingKey
Mon, Mar 23
BREAKINGVIEWS-Iran war will put energy barters on the table
By Antony Currie MELBOURNE, March 23 (Reuters Breakingviews) - Fatih Birol is trying to shake the world out of its complacency. In a visit to Canberra on Monday, the boss of the International Energy Agency echoed sobering comments he gave to the Financial Times last week that the U.S.-Israeli war...Reuters
Mon, Mar 23
European gasoline heads to Asia as Iran war sparks supply fears
Traders expect tight supply in summer due to prolonged warAsian gasoline margin quadruples from pre-war to about $37/bbl By Mohi Narayan and Ahmad Ghaddar NEW DELHI/LONDON, March 23 (Reuters) - European and U.S. gasoline cargoes are heading to the Asia Pacific after Asian prices surged on tighten...Reuters
Mon, Mar 23
Russian space craft antenna problem forces manual docking with ISS
MOSCOW, March 23 (Reuters) - An unmanned Russian cargo spacecraft has a problem with an antenna so it will have to be manually docked when it reaches the International Space Station (ISS), Russia's Roscosmos state space corporation said in a statement.A Soyuz-2.1a rocket launched the Progress MS...Reuters
Mon, Mar 23
FOCUS-One battle after another: Iran war deals new blow to Europe's industrial heartland
Iran war ramps up energy costs for European companies Supplies of key raw materials also hit by the conflictLatest blow comes after COVID, Ukraine war and US tariffsCompanies cut costs and put investment on holdBy Christoph Steitz and Dominique Patton KLEINKARLBACH, Germany, March 23 (Reuters) - ...Reuters
Mon, Mar 23
PRESS DIGEST-Financial Times - March 23
March 23 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Poste Italiane launches 10.8 billion euro bid for Telecom Italia- Solo investor Air Street raises $232 million to chase hot AI b...Reuters
Mon, Mar 23
PRECIOUS-Gold slides to nearly 4-month low as Mideast tensions stoke inflation fears
Iran vows to hit Gulf infrastructure if US strikes power gridMarket bets on Fed rate hike this year surgeOil prices remain above $110 per barrelBy Noel John March 23 (Reuters) - Gold prices slipped more than 2% on Monday, hitting a nearly four-month low, as an escalating Middle East conflict stokReuters
Mon, Mar 23
UAE's ADNOC Gas adjusts LNG output in response to shipping disruption
March 23 (Reuters) - The gas subsidiary of ADNOC, Abu Dhabi's state oil firm, on Monday said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz. The U.S.-Israeli war on Ira...Reuters
Mon, Mar 23
Japan Petroleum Association eyes North America for crude supply options
TOKYO, March 23 (Reuters) - Japan Petroleum Association President Shunichi Kito said on Monday that North America was one potential source for alternative crude oil supply to the Middle East, with Ecuador, Colombia and Mexico also possible options.Kito, who is also chairman of Japan's second-big...Reuters
Mon, Mar 23
TABLE-North Sea gas maintenance schedule: Adds Bacton SEAL (Elgin Franklin) outage
March 23 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
Mon, Mar 23
Iran points at tit for tat retaliation if power plants targeted, statement
DUBAI, March 23 (Reuters) - Iran will retaliate to an attack on its electricity sector by targeting Israel's power plants as well as power plants supplying U.S. bases with electricity in regional countries, a statement by the Revolutionary Guards on Monday said. The statement seemingly retracted...Reuters
Mon, Mar 23
FACTBOX-Analysts hike oil price outlooks as Iran conflict persists
March 23 (Reuters) - Major brokerages have revised their 2026 average oil price forecasts as the U.S.-Israeli war on Iran rages on, with the conflict having sent oil prices surging more than 50% this month. Goldman Sachs raised its Brent crude oil forecast for 2026 to $85 a barrel from $77, citi...Reuters
Mon, Mar 23
US energy, interior secretaries meet executives amid market turmoil
By Arathy Somasekhar and Georgina McCartney HOUSTON, March 22 (Reuters) - U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum discussed everything from raising domestic oil output to opportunities in Venezuela with energy executives in Houston on Sunday amid the world's wors...Reuters
Mon, Mar 23
UN weather agency confirms hottest decade on record
GENEVA, March 23 (Reuters) - The years between 2015 and 2025 have been the hottest since records began, the U.N. weather agency said on Monday, with 2025 ranking either second or third overall.The World Meteorological Organization report said 2015-2025 were the hottest 11 years since records began i...Reuters
Mon, Mar 23
IEA Discussing Further Oil Stock Releases, Chief Birol Says
PERTH/SYDNEY, March 23 (Reuters) - The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.Reuters
Mon, Mar 23
