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ANALYSIS-Jet fuel demand falters as Chinese curb overseas trips, US policies weigh
Jet fuel demand still below pre-pandemic levelsChinese tourists less willing to travel abroad post-pandemicTrump's immigration policies spook foreign touristsNew aircraft improve fuel burn by 10-15%By Seher Dareen and Trixie Yap LONDON/SINGAPORE, July 9 (Reuters) - The recovery in global jet ...Reuters
Wed, Jul 9
CCRIF's microinsurance policy to provide wind and rainfall coverage
By Henry GaleJuly 9 - (The Insurer) - CCRIF SPC's new microinsurance facility, which is supported by technology from CelsiusPro, will initially offer a parametric cover for tropical-storm-force winds and excess rainfall, the regional risk pool said on Tuesday.CCRIF CEO Isaac Anthony had announce...Reuters
Wed, Jul 9
REFILE-EXCLUSIVE-How US buyers of critical minerals bypass China's export ban
US imports of antimony oxides from Thailand, Mexico surge after China banShift in trade flows points to transshipment of minerals, experts sayAntimony shipments to US by Chinese-owned Thai Unipet soared, shipping records showBy Alessandro Parodi, Lewis Jackson, Ashitha Shivaprasad and Sherin Elizabe...Reuters
Wed, Jul 9
EUROPE GAS-Dutch and British gas prices steady with warmer weather expected
LONDON, July 9 (Reuters) - Dutch and British wholesale gas prices traded in a narrow range on Wednesday morning amid expectations of warmer weather and stable supply.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was up 0.07 euro to 34.65 euros per megawatt hour (MWh), or $11.92/...Reuters
Wed, Jul 9
Flash floods in New Mexico resort town kill three, trap dozens in homes and vehicles
By Steve Gorman July 8 (Reuters) - Torrential rains triggered flash floods in New Mexico that killed at least three people on Tuesday, including two young children, and trapped dozens in homes and vehicles in the resort village of Ruidoso, a state emergency official and a village statement said.T...Reuters
Wed, Jul 9
Brent creeps back above $70/bbl – ING
Oil prices edged higher yesterday, with Brent settling back above $70/bbl. This is despite ongoing uncertainty over tariffs, along with OPEC+ recently announcing a larger-than-expected increase in supply for August, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Wed, Jul 9
METALS-Copper falls outside US after Trump's 50% tariff plan catches traders off guard
By Hongmei Li and Lewis Jackson SINGAPORE, July 9 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange slipped on Wednesday as a potential U.S. copper tariff signalled an end to a months-long arbitrage trade that had drawn the metal from global markets. ...Reuters
Wed, Jul 9
US farm secretary says 'no amnesty' for farmworkers from deportation
Trump wants a 100% American workforce, Rollins saysFarm sector has warned deportations would disrupt food supplyUSDA to curb purchases of farmland by foreign entitiesChina says practice is 'discriminatory'By Leah Douglas WASHINGTON, July 9 (Reuters) - U.S. Agriculture Secretary Brooke Rol...Reuters
Wed, Jul 9
Greek ship sinks off Yemen after Houthi attack, crew being rescued, sources say
ATHENS, July 9 (Reuters) - The Liberia-flagged, Greek-operated bulk carrier Eternity C has sunk after a Houthi attack off Yemen, four maritime security sources told Reuters on Wednesday, and efforts to rescue the crew were under way. Some of the crew were in lifejackets in the water and at least fiv...Reuters
Wed, Jul 9
TABLE-UAE's Fujairah oil inventory data for week ended July 7
July 9 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended July 7, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from t...Reuters
Wed, Jul 9
Euro zone bond yields steady as Trump tariff deadline arrives
LONDON, July 9 (Reuters) - Euro zone government bond yields were little changed on Wednesday as investors took U.S. President Donald Trump's plans for additional import levies in their stride, on the day when his original 90-day tariff pause was due to expire.Trump broadened his trade war late o...Reuters
Wed, Jul 9
PRECIOUS-Gold hits over 1-week low as firmer US dollar, yields weigh
Trump says U.S. to impose 50% tariff on copper importsMinutes of Fed's June rate meeting due later in the dayBy Anmol Choubey July 9 (Reuters) - Gold prices fell on Wednesday to their lowest point in more than a week, pressured by a stronger U.S. dollar and rising Treasury yields, as the late...Reuters
Wed, Jul 9
QUOTES-Markets react after Trump announces 50% copper tariff
By Amy Lv and Lewis Jackson BEIJING, July 9 (Reuters) - U.S. President Donald Trump said on Tuesday he would announce a 50% tariff on copper imports, sending U.S. Comex copper futures up more than 12% to a record high.Prices on the Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) ...Reuters
Wed, Jul 9
'Fortress Russia' has confiscated $50 billion in assets over three years, Kommersant says
Foreign companies face risk of state seizure Asset seizures include strategic, corruption, privatisation, and management claimsNSP Law Firm advises reducing ties with 'unfriendly' countriesMOSCOW, July 9 (Reuters) - Russia has confiscated assets worth 3.9 trillion roubles, or around $50 bill...Reuters
Wed, Jul 9
REFILE-Maritime security firms launch mission to save crew of Greek vessel hit by Houthis, sources say
ATHENS, July 9 (Reuters) - Maritime security firms launched a mission on Wednesday to evacuate the crew of the Greek-operated Eternity C vessel hit by Houthi militants off Yemen two days ago, sources close to the mission told Reuters.Eternity C, with 22 crew members - 21 Filipinos and one Russian - ...Reuters
Wed, Jul 9
PRESS DIGEST - Wall Street Journal - July 9
July 9 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump decided to delay the implementation of his so-called reciprocal tariffs to August 1 after advisers including Tre...Reuters
Wed, Jul 9
