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Iran's options against foreign aggression include closing Strait of Hormuz, lawmaker says
DUBAI, June 19 (Reuters) - Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament said this would only happen if Tehran's vital interests were endangered.Iran has in the past threatened to cl...Reuters
Thu, Jun 19
INSIGHT-'Amber waves of grain' recede in America's heartland as wheat farmers struggle
Windmills, corn and soybeans spring up in former wheat fieldsHistorically, wheat was the best crop from Texas through MontanaDrought-hit yields or low prices make bumper crops unprofitableBy Emily SchmallCOLBY, Kansas, June 19 (Reuters) - On a foggy morning in May, Dennis Schoenhals drove a carload...Reuters
Thu, Jun 19
EU increasingly resigned to 10% baseline tariff in US trade talks, European sources say
EU and U.S. are seeking a trade deal by July 9Trump says EU has not yet offered a fair dealUS sees 10% baseline rate for reciprocal tariffs Baseline 10% rate is 'sticky', senior EU official saysBy Julia Payne and Jan Strupczewski BRUSSELS, June 19 (Reuters) - European officials are increa...Reuters
Thu, Jun 19
Russia warns strike on Iran's Bushehr nuclear plant could cause 'Chernobyl-style catastrophe'
Bushehr is Iran's only working nuclear plant Russia built it and is constructing more reactorsHundreds of Russian workers are in BushehrMoscow urges Israel not to strike plant By Vladimir Soldatkin, Andrew Osborn and Dmitry Antonov ST PETERSBURG, June 19 (Reuters) - The head of Russia&...Reuters
Thu, Jun 19
Putin meets Indonesia's Prabowo in Russia in bid to deepen ties
ST PETERSBURG, Russia, June 19 (Reuters) - Indonesian President Prabowo Subianto held talks with President Vladimir Putin in the northern Russian city of St Petersburg on Thursday as they explore ways to deepen what some officials have called a burgeoning strategic partnership . Putin no...Reuters
Thu, Jun 19
Israeli official says 'it was a mistake' to say Bushehr was hit
By Jana Choukeir, Pesha Magid and Steven ScheerDUBAI/JERUSALEM, June 19 (Reuters) - An Israeli military official said on Thursday that "it was a mistake" for a military spokesperson to have said earlier in the day that Israel had struck the Bushehr nuclear site in Iran.The official would on...Reuters
Thu, Jun 19
Oil prices rise as Iran threatens to close Strait of Hormuz
According to Iran's Mehr news agency, a member of the Iranian Parliament National Security Committee presidium Behnam Saeedi said that Iran has many options to respond to aggression, including closing the Strait of Hormuz, per Reuters.
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Thu, Jun 19
EXCLUSIVE-Air India warned for flying Airbus planes with unchecked escape slides
Regulator warns Air India over delayed checks on three planesThe planes had unverified emergency equipment, regulator saysSome Air India aircraft also had outdated registration paperworkAirline also facing fallout from recent plane crash in IndiaBy Aditya Kalra NEW DELHI, June 19 (Reuters) - Indi...Reuters
Thu, Jun 19
PRECIOUS-Gold price firms on Israel-Iran conflict, platinum scales over 10-year high
Fed keeps rates steady, but pencils in two cuts by end of 2025Israel attacks Iran's only operating nuclear power plantPlatinum at over 10-year highBy Anushree Mukherjee June 19 (Reuters) - Gold prices gained on Thursday as fears of an escalating conflict between Israel and Iran drove inve...Reuters
Thu, Jun 19
RPT-COLUMN-Mideast conflict turbocharges diesel prices, squeezing Europe: Bousso
Global diesel prices gain 15% since Israel-Iran war started, outpacing crude gainsEuropean refining margins rise to 14-month highMideast diesel accounts for 17% of global seaborne exportsBy Ron Bousso LONDON, June 19 (Reuters) - The Israel-Iran conflict has boosted global diesel prices, with gain...Reuters
Thu, Jun 19
Russia urges Israel to stop attacks on Bushehr plant where Russian staff are working
ST PETERSBURG, June 19 (Reuters) - The Russian Foreign Ministry on Thursday urged Israel to immediately halt air attacks on the Bushehr nuclear plant in Iran where Russian specialists work.Bushehr, Iran's only operating nuclear power plant, uses Russian fuel that Russia then takes back when it i...Reuters
Thu, Jun 19
Indian rapeseed meal exports soar as China replaces Canadian supply
By Rajendra Jadhav MUMBAI, June 19 (Reuters) - China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100% retaliatory tariff on Canadian imports, senior industry officials said.India's rapeseed meal exports will help China, the world's ...Reuters
Thu, Jun 19
Iran's options against foreign aggression includes closing Strait of Hormuz, Mehr news reports
DUBAI, June 19 (Reuters) - Closing down the Strait of Hormuz, through which 20% of daily global oil consumption passes, is one of the options Iran could take to respond against its enemies, a member of the Iranian Parliament National Security Committee presidium Behnam Saeedi told the semi-official ...Reuters
Thu, Jun 19
VEGOILS-Palm flat as strong Dalian oils counter weak demand
KUALA LUMPUR, June 19 (Reuters) - Malaysian palm oil futures were largely flat on Thursday as stronger rival Dalian oils supported the market, while weak demand from key markets, including India, countered the gains. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia...Reuters
Thu, Jun 19
World Bank cat bond payout possible as Hurricane Erick approaches Mexico: Icosa
By Henry GaleJune 19 - (The Insurer) - Hurricane Erick might trigger a partial payout on the government of Mexico's parametric cat bond, ILS investment manager Icosa said in a LinkedIn post.Erick strengthens to category four, nearing Mexico's Pacific coastWorld Bank's $175 million cat bo...Reuters
Thu, Jun 19
Apollo names MS Amlin's Portman as energy head
By Michael JonesJune 19 - (The Insurer) - Apollo has appointed Steve Portman its head of energy, the company said on Thursday.London-based Portman will report to Simon Mason, head of marine, energy and transportation.He is expected to play a role in enhancing portfolio growth and market positioning ...Reuters
Thu, Jun 19
INSIGHT-China floods Brazil with cheap EVs triggering backlash
China's BYD Shenzhen, the world's largest car-carrying ship, made its maiden voyage to BrazilBrazil has become a top target for Chinese EV exports, according to shipping dataIndustry groups want Brazil to raise tariffs to protect its auto industryChinese automakers have pledged to build loca...Reuters
Thu, Jun 19
Russia's Novak says no one has approached government about buying Nord Stream 2
ST PETERSBURG, June 19 (Reuters) - Russian Deputy Prime Minister Alexander Novak said on Thursday that no one has approached the Russian government about buying the Nord Stream 2 gas pipeline.The Wall Street Journal reported in November that an American investor, Stephen P. Lynch, was seeking to buy...Reuters
Thu, Jun 19
