News
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Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
By Jonathan Saul and Michael Jones LONDON, June 23 (Reuters) - U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday.War risk insurance premiums for shipments to t...Reuters
Mon, Jun 23
COLUMN-Crop Watch: Heat boosts growth but storms present kinks: Braun
By Karen Braun NAPERVILLE, Illinois, June 23 (Reuters) - It was hot and steamy across the U.S. Corn Belt last week, precisely what corn and soybeans needed following extended cool weather last month.But severe storms have damaged two of the 11 Crop Watch corn fields, which could make them vulnera...Reuters
Mon, Jun 23
No US casualties from Iran missile attack on US base in Qatar, officials say
WASHINGTON, June 23 (Reuters) - No U.S. personnel were killed or injured in Iran's attack against al Udeid air base, the largest U.S. military installation in the Middle East, two U.S. officials told Reuters on Monday. The officials, speaking on the condition of anonymity, said the Iranian attac...Reuters
Mon, Jun 23
PRECIOUS-Safe-haven gold gains as Iran-Israel tensions escalate
Iran launches six missiles toward U.S. bases in Qatar- Israeli official tells AxiosPalladium at near 2-week highUS PCE due later this week By Sarah Qureshi June 23 (Reuters) - Gold prices rose on Monday as escalating Iran-Israel tensions boosted safe-haven demand, with markets closely monitoring ...Reuters
Mon, Jun 23
Power Up: Oil markets volatile as Middle East conflict rages
June 23 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil markets are having a volatile day, dropping by nearly 5% so far on Monday after a report that Iran launched six missiles toward U.S. bases in Qatar. They had kicked off the week by soaring nearly 6% to a 5-month high ...Reuters
Mon, Jun 23
No interruption to QatarEnergy shipments or production after attack on US military base in Qatar, source says
June 23 (Reuters) - There has been no interruption to state-owned QatarEnergy shipments or production after Iran's attack on Qatar's al-Udeid U.S. military air base, a source with direct knowledge of the matter said.Reuters
Mon, Jun 23
Kuwait shuts airspace amid escalation in the region
CAIRO, June 23 (Reuters) - Kuwait has shut down its airspace starting Monday and until further notice amid regional developments, Kuwaiti news agency Kuna reported.The suspension follows a closure of airspace by Qatar and Bahrain as Iran attacked the Al Udeid U.S. military base in Doha.The Gulf is h...Reuters
Mon, Jun 23
Pennsylvania PUC to distribute over $164.5 million in natural gas impact fees
June 23 (Reuters) - The Pennsylvania Public Utilities Commission said on Monday it would distribute more than $164.5 million in natural gas impact fees collected from producers for the 2024 reporting year.This year's distribution data has been submitted to the Pennsylvania Treasury, which is exp...Reuters
Mon, Jun 23
Main US base in Syria on full alert in case of possible attack by Iran, Syrian security source says
June 23 (Reuters) - The main remaining base in northeast Syria hosting U.S. troops is on full alert and mobilized for possible attacks by Iran or Iran-aligned groups, a Syrian security source told Reuters on Monday.The base is known as Qasrak and is one of two bases in the northeast Hasakah province...Reuters
Mon, Jun 23
Iberia scraps plans to resume flights to Doha after airspace closure
MADRID, June 23 (Reuters) - IAG's Spanish airline Iberia said on Monday it was scrapping previous plans to resume flights to Doha on Tuesday after Qatar temporarily shut down its airspace amid developments in the region.Reuters
Mon, Jun 23
Qatar says it reserves right to respond after Iranian attack on U.S. military base in Doha
DUBAI, June 23 (Reuters) - Qatar said on Monday it reserves the right to respond directly and in accordance with international law after Iran targeted the Al Udeid U.S. military base in Doha in response to a U.S. attack on Iranian nuclear facilities.Reuters
Mon, Jun 23
EXCLUSIVE-Malian court-appointed administrator meets Barrick Mining staff in capital as office reopens
By Portia Crowe DAKAR, June 23 (Reuters) - Malian tax officials have reopened Barrick Mining's ABX.TO office in the capital under a court-appointed administrator, after it was shuttered in April over alleged non-payment of taxes, two people close to the matter told Reuters on Monday. It marks...Reuters
Mon, Jun 23
EXCLUSIVE: Adaptive Insurance partners with TMHCC to launch short-term power outage parametric product in 18 states
By Mia MacGregorJune 23 - (The Insurer) - Climate-focused parametric startup Adaptive Insurance has partnered with Tokio Marine HCC (TMHCC) to bring its short-term power outage insurance product to market in 18 U.S. states.GridProtect, Adaptive's flagship parametric product, aims to provide imme...Reuters
Mon, Jun 23
Tesla seeks to keep Texas robotaxi data under wraps, regulator says
By David Shepardson WASHINGTON, June 23 (Reuters) - Tesla TSLA.O told U.S. regulators that its answers to questions on the safety of its robotaxi deployment in Texas are confidential business information and should not be made public, according to a letter released on Monday.On Friday, the Nation...Reuters
Mon, Jun 23
BP and others pulling staff from Iraq oilfields, output steady
By Ahmed Rasheed and Aref Mohammed BAGHDAD, June 23 (Reuters) - BP BP.L, Eni ENI.MI and TotalEnergies TTEF.PA have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra Oil Company said on Monday. Output from Iraq's southern oilfields for the time being r...Reuters
Mon, Jun 23
UAE airspace is closed based on flight paths and air traffic control audio, FlightRadar says
LONDON, June 23 (Reuters) - United Arab Emirates airspace is currently closed based on flight paths and air traffic control audio, according to a post by FlightRadar on X on Monday.The post came after Qatar shut down airspace temporarily as part of measures taken amid developments in the region and ...Reuters
Mon, Jun 23
UAE continuously assessing situation in region, gov't spokesperson says after Qatar shut down airspace
June 23 (Reuters) - The United Arab Emirates is closely monitoring the ongoing regional developments and is continuously assessing the situation, according to a government spokesperson statement on Monday.The statement by the spokesperson was in response to a Reuters question over any closure of air...Reuters
Mon, Jun 23
Air defense system activated in US's Ain al-Assad airbase in Iraq, military sources say
CAIRO, June 23 (Reuters) - The air defense system was activated in the U.S. Ain al-Asad airbase in Iraq for fear of a potential attack, military sources to Reuters on Monday.Iran earlier threatened to retaliate against the U.S. after strikes on its nuclear sites.Reuters
Mon, Jun 23
Brazil's Petrobras holds off on fuel price hike amid Iran tensions, sources say
By Rodrigo Viga Gaier RIO DE JANEIRO, June 23 (Reuters) - Brazil's Petrobras PETR4.SA is closely monitoring geopolitical tensions in the Middle East, which have pushed global oil prices higher in recent weeks, but does not plan to tweak domestic fuel prices for now, two company sources to...Reuters
Mon, Jun 23
