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Russia says Israeli attacks on Iran are illegal, notes Iran's commitment to NPT
June 17 (Reuters) - Russia's Foreign Ministry denounced on Tuesday continued Israeli attacks on Iran as illegal and said a solution to the conflict over Tehran's nuclear programme could only be found through diplomacy."The continuing intensive attacks by Israel on Iran's peaceful nuc...Reuters
Tue, Jun 17
Health Rounds: Weight-loss surgery more effective than drugs in real world study
By Nancy LapidJune 17 (Reuters) - Hello Health Rounds Readers! Today we feature a real world study that found weight-loss surgery is still more effective at shedding pounds than widely used GLP-1 drugs. We also highlight early data on two potentially useful diagnostic techniques - one for detecting ...Reuters
Tue, Jun 17
CBOT wheat ends higher on slow US harvest, short-covering
CHICAGO, June 17 (Reuters) - Chicago Board of Trade wheat futures hit a one-week high on Tuesday as a slow start to the U.S. winter wheat harvest allowed speculators to cover short positions, brokers said.CBOT July soft red winter wheat WN25 settled up 12-1/2 cents at $5.49 per bushel.K.C. July hard...Reuters
Tue, Jun 17
Miscalculation by Spanish power grid operator REE contributed to massive blackout, report finds
REE did not have enough thermal power stations switched on when surge occurredSome conventional power plants failed to help control voltage in the power system Blackout on April 28 caused gridlock in cities and left thousands stranded in trains and liftsBy Pietro Lombardi and David Latona MADRID,...Reuters
Tue, Jun 17
US natgas prices climb 3% to 10-week high on soaring oil prices, rising gas demand forecasts
Hot weather to boost power generator gas burnsEnd of LNG plant maintenance to boost LNG feedgasTriple-digit storage builds possible for record 8th weekBy Scott DiSavino June 17 (Reuters) - U.S. natural gas futures climbed about 3% to a 10-week high as gas followed oil prices higher on worries of ...Reuters
Tue, Jun 17
US Cash Grains-Soybean bids continue downward trend; corn bids steady
CHICAGO, June 17 (Reuters) - Spot soybean basis bids continued to drop in the U.S. Midwest on Tuesday after basis values eroded in previous days while corn bids were higher.Soybean bids ticked lower at an Ohio elevator, Iowa processor and an Iowa river terminal.Corn bids ticked higher at an Iowa pro...Reuters
Tue, Jun 17
CBOT soybeans rise on crude oil strength, weather uncertainty
CHICAGO, June 17 (Reuters) - Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude oil prices and uncertainty about Midwest crop weather in the weeks ahead, while soyoil prices eased following a sharp two-day rally tied to stronger U.S. biofuel blending mandates....Reuters
Tue, Jun 17
Oil prices rise more than 4% as Iran-Israel conflict escalates
Brent and WTI benchmarks resume climbWar risk continues to underpin marketIEA global oil supply forecast revised upwards By Erwin Seba HOUSTON, June 17 (Reuters) - Oil prices climbed over 4% on Tuesday as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructur...Reuters
Tue, Jun 17
Iran arrests foreigner for filming 'sensitive' areas near nuclear power plant for Israel
June 17 (Reuters) - Iran arrested on Tuesday a foreigner for filming "sensitive" areas near the country's Bushehr nuclear power plant for Israel, Iranian media reported.The Iranian website eghtesadonline said the unnamed foreigner, whose nationality was not disclosed, resided illegally a...Reuters
Tue, Jun 17
Russia says Israel attacks on Iran are illegal, notes Iran's commitement to NPT
June 17 (Reuters) - Russia's Foreign Ministry on Tuesday denounced continued Israeli attacks on Iran as illegal and said a solution to the conflict over Tehran's nuclear programme could only be found through diplomacy.A ministry statement posted on Telegram noted Iran's "clear statem...Reuters
Tue, Jun 17
Staatsolie, Petronas sign production-sharing contract for deepwater block in Suriname
June 17 (Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release.Suriname is on track to inaugurate offshore...Reuters
Tue, Jun 17
Staatsolie, Petronas sign production sharing contract for deepwater block in Suriname
June 17 (Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release.Reuters
Tue, Jun 17
PRECIOUS-Gold inches up on safe-haven demand as Middle East tensions rise
US retail sales fall sharply in MayFed rate decision due on WednesdayTrump says he wants 'real end' to nuclear problem with IranPlatinum, palladium up over 1% By Sarah Qureshi June 17 (Reuters) - Gold prices edged up on Tuesday as Iran-Israel tensions boosted safe-haven demand but a stron...Reuters
Tue, Jun 17
Vaca Muerta shale formation propels Argentina closer to energy self-sufficiency, analysts say
June 17 (Reuters) - Soaring oil and gas production from Argentina's Vaca Muerta shale formation in the first quarter of 2025 is fueling the nation's push for energy self-sufficiency and ambitious plans to become an important liquefied natural gas exporter, Rystad Energy analysts said on Tues...Reuters
Tue, Jun 17
Gold price slips below $3,400 as US Dollar firms despite rising geopolitical concerns
Gold prices retreated below the $3,400 level on Tuesday despite deteriorating risk appetite as overall US Dollar (USD) strength drove the yellow metal lower. Nevertheless, the escalation of the Israel–Iran conflict would likely underpin the precious metal due to its safe-haven appeal.
Fxstreet
Tue, Jun 17
EU wheat rises in the wake of Chicago, Algerian tender weighs
PARIS, June 17 (Reuters) - European wheat rose on Tuesday, supported by a rise in Chicago, but gains were capped by disappointing results from Algeria's tender, traders said.Benchmark September milling wheat BL2U5 on Paris-based Euronext settled 1% higher at 202.25 euros a metric ton.The most tr...Reuters
Tue, Jun 17
METALS-Copper falls as Israel-Iran air war deepens global growth fears
By Ashitha Shivaprasad June 17 (Reuters) - Copper prices fell on Tuesday as the fifth day of air strikes carried out by Israel and Iran deepened concerns about Middle East instability and its dampening effect on global growth and demand for industrial metals.The firmer dollar, in which metals are...Reuters
Tue, Jun 17
Oil tankers near Iran appear to be in rural Russia as signals jammed
By Anna Hirtenstein LONDON, June 17 (Reuters) - The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive vessel in Russia, in fields better known for barley and sugar beets.By...Reuters
Tue, Jun 17
