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Europe Gasoline/Naphtha-Gasoline profit margins rise
LONDON, June 23 (Reuters) - Northwest European gasoline profit margins rose to $15.34 a barrel on Monday.A total of 11,800 metric tons of Eurobob E5 barges traded, as Gunvor sold to TotalEnergies, BP and TrafiguraA further 10,000 tons of Eurobob E10 barges traded, which Varo and Trafigura bought fro...Reuters
Mon, Jun 23
EU wheat dips on pressure from Chicago, lack of competitiveness
PARIS, June 23 (Reuters) - European wheat prices fell on Monday, erasing part of last week's gains as traders worried that higher prices could undermine export competitiveness, with additional pressure from broader European market declines linked to Middle East tensions.Benchmark September milli...Reuters
Mon, Jun 23
Gas flow at Cheniere's Louisiana LNG plant to hit 3-week high after maintenance
June 23 (Reuters) - The amount of natural gas flowing to U.S. liquefied natural gas company Cheniere Energy's LNG.N Sabine Pass export plant in Louisiana was on track to rise to a preliminary three-week high on Monday, according to data from financial company LSEG.Energy traders said that the ex...Reuters
Mon, Jun 23
Pakistan drought triggers humanitarian insurance payout
By Henry GaleJune 23 - (The Insurer) - Charity Tearfund received an insurance payout worth more than 260,000 pounds ($350,000) after its parametric coverage was triggered by drought conditions in Pakistan, it said on Monday.This is Tearfund's second insurance payout after a drought in Malawi tri...Reuters
Mon, Jun 23
Several explosions heard over Qatar capital Doha, Reuters witness says
June 23 (Reuters) - Sounds of several explosions were heard over Qatari capital Doha, a Reuters witness said on Monday, following Tehran’s threats to retaliate against the U.S.’s strikes on Iranian nuclear sites.Reuters
Mon, Jun 23
Iran positions missile launchers for potential attack on US forces, WSJ reports
June 23 (Reuters) - Iran is moving missile launchers into place for a potential attack on U.S. forces in the Middle East, the Wall Street Journal reported on Monday, citing U.S. officials. Reuters could not immediately verify the report.Reuters
Mon, Jun 23
Western diplomat says credible Iranian threat against US-run Al Udeid air base in Qatar
June 23 (Reuters) - A Western diplomat told Reuters on Monday that there has been a credible Iranian threat against the U.S.-run al Udeid air base in Qatar since noon.The air base in Qatar is the Middle East's largest U.S. base that houses around 10,000 troops.Reuters
Mon, Jun 23
METALS -Aluminium hits three-month highs after US airstrikes on Iran
By Pratima Desai LONDON, June 23 (Reuters) - Aluminium prices jumped to three-month highs on Monday as U.S. airstrikes on Iran's nuclear facilities raised the prospect of higher energy prices and disruptions to shipments of the metal from the Middle East.Energy can amount to 40%-45% of alumin...Reuters
Mon, Jun 23
Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
LONDON, June 23 (Reuters) - War risk insurance premiums for shipments to the Middle East Gulf have jumped to 0.5% from around 0.2-0.3% a week ago after U.S. airstrikes on Iran’s nuclear facilities and growing risks to the critical Strait of Hormuz, insurance sources said on Monday.The cost of a seve...Reuters
Mon, Jun 23
Brazil's Petrobras holds off on fuel price hike for now, sources say
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 told Reuters on Monday.The sour...Reuters
Mon, Jun 23
ERG plans to produce critical mineral gallium in Kazakhstan next year
By Pratima Desai LONDON, June 23 (Reuters) - Eurasian Resources Group plans to invest $20 million in facilities to produce critical mineral gallium in Kazakhstan from next year, from the bauxite ore it processes to produce alumina, the company said in a release on Monday.Gallium is on the U.S. an...Reuters
Mon, Jun 23
New York plans new advanced nuclear power plant upstate, governor says
By Laila Kearney and Pooja Menon NEW YORK, June 23 (Reuters) - New York plans to build an advanced nuclear plant with the ability to produce at least 1 gigawatt of power, which would be one of the first new U.S. reactors in a generation, Governor Kathy Hochul said on Monday.U.S. nuclear powe...Reuters
Mon, Jun 23
Halter Raised $100 Million In Series D Fundraising Round, Valuing Co At $1 Billion
June 23 (Reuters) - HALTER: HALTER: RAISED $100 MILLION IN SERIES D FUNDRAISING ROUND, VALUING CO AT $1 BILLIONHALTER: FUNDING ROUND LED BY BOND, NEW INVESTMENT FROM NEWVIEW & CONTINUED SUPPORT FROM DCVC, BLACKBIRD & OTHERSReuters
Mon, Jun 23
Tesla wants US to withhold all answers on robotaxi deployment from public view
WASHINGTON, June 23 (Reuters) - Tesla TSLA.O told U.S. regulators that all of 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 Monday.On Friday, the National Highway Traffic ...Reuters
Mon, Jun 23
US natgas prices fall to 1-week low on rising output, end of heat wave in sight
Power prices soar as heat wave boosts air conditioning demandEnergy firms keep injecting more gas into storage than usualCheniere Sabine LNG export plant on track to exit maintenance reductionBy Scott DiSavino June 23 (Reuters) - U.S. natural gas futures fell about 3% to a one-week low on Monday ...Reuters
Mon, Jun 23
Baker Hughes takes precautionary measures to demobilize personnel from Iraq
June 23 (Reuters) - U.S. oilfield services provider Baker Hughes BKR.O has taken temporary precautionary measures to demobilize personnel from Iraq, a spokesperson for the company told Reuters on Monday.The measures follow U.S. military strikes on Iranian nuclear sites and clashes between Israel and...Reuters
Mon, Jun 23
HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked
June 23 (Reuters) - Brent crude oil prices LCOc1 could hit $110 a barrel if the Strait of Hormuz is blocked, Goldman Sachs analysts have forecast, while HSBC analysts see prices topping above $80.Prices for Brent could average around $95 in the fourth quarter of 2025, Goldman Sachs said in a note da...Reuters
Mon, Jun 23
Qatar shuts down airspace temporarily amid regional crisis
June 23 (Reuters) - Qatar said it has shut down airspace temporarily as part of measures taken amid developments in the region, a statement by the Qatari foreign ministry said on X.It said the move comes to ensure safety of residents and visitors.The shutdown of Qatari airspace comes as Iran repeate...Reuters
Mon, Jun 23
Cow tech startup becomes New Zealand's latest unicorn in $100 million fundraise
June 23 (Reuters) - Agtech startup Halter has raised $100 million at a $1 billion valuation, making it one of New Zealand's rare unicorns as it ramps up U.S. expansion of its cattle management platform for dairy farmers.The Series D funding was led by tech investment firm Bond and was joined by ...Reuters
Mon, Jun 23
New York plans new advanced nuclear power plant upstate, governor says
NEW YORK, June 23 (Reuters) - New York plans to construct at least 1 gigawatt in advanced nuclear power in the state, with plans to partially finance and buy electricity from the planned project, Governor Kathy Hochul announced on Monday."We need electricity that is reliable all day long," H...Reuters
Mon, Jun 23
