News
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Russia says it's ready to remove highly enriched uranium from Iran
Russia says efforts for a deal should be redoubledMoscow says ready to accept nuclear materials By Guy Faulconbridge and Parisa Hafezi MOSCOW, June 11 (Reuters) - Russia said on Wednesday it stood ready to remove highly enriched uranium from Iran and convert it into civilian reactor fuel as a pot...Reuters
Wed, Jun 11
REFILE-Peru turns to China as US tariffs squeeze blueberry exports
Peru the No. 1 blueberry exporter globally, top supplier to USALocal growers are looking to diversify markets amid trade warPeru, USA have a free trade agreement dating back to 2009By Marco Aquino PISCO, Peru, June 11 (Reuters) - In Peru's Pisco Desert, rows of blueberry bushes towering as mu...Reuters
Wed, Jun 11
GRAINS-Soy near 2-week high on US-China trade hopes, corn and wheat recover
US, China agree on framework to put trade truce back on trackCorn moves away from 6-month low, wheat snaps 2-day fallFavourable US and global crop prospects hang over grain marketBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 11 (Reuters) - Chicago soybean prices ticked up on Wednesday t...Reuters
Wed, Jun 11
Magnitude 6.4 earthquake hits off Taiwan's east coast, agency says
TAIPEI, June 11 (Reuters) - A 6.4 magnitude earthquake struck off Taiwan's east coast on Wednesday, the island's Central Weather Administration said.The quake had a depth of 30.9 km, it added. There were no immediate reports of damage.Reuters
Wed, Jun 11
Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets
EU has proposed new package of sanctions against RussiaEU buys 6% of Russian oil - think tankRussian oil price has stabilised below cap of $60/bbl MOSCOW, June 11 (Reuters) - A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not con...Reuters
Wed, Jun 11
States would struggle to administer food stamp benefits under Republican tax bill
Republican bill would shift some food stamp costs away from federal government States and local governments would be left to shoulder $22 billion in costs, according to a Reuters analysisMore than 41 million people receive SNAP benefits By Leah Douglas WASHINGTON, June 11 (Reuters) - U.S. states ...Reuters
Wed, Jun 11
Kremlin says EU-proposed lower Russian oil price cap not helpful for global energy
MOSCOW, June 11 (Reuters) - A lower price cap for Russian oil proposed by the European Commission does not contribute to the stabilization of global energy markets, Kremlin spokesperson Dmitry Peskov said on Wednesday.In its new package of sanctions against Russia over Ukraine, the Commission on Tue...Reuters
Wed, Jun 11
EUROPE GAS-Prices firm on higher demand from hot weather, French nuclear concerns
June 11 (Reuters) - Dutch and British wholesale gas prices firmed on Wednesday morning, supported by rising power prices amid French nuclear concerns, warmer weather increasing demand for cooling and Europe's need to refill gas storage sites.The benchmark Dutch front-month contract at the TTF hu...Reuters
Wed, Jun 11
METALS-London copper eases, market awaits US-China trade talk details
By Hongmei Li SINGAPORE, June 11 (Reuters) - London copper prices eased on Wednesday, with investors awaiting more details after the latest signs of progress in U.S.-China trade talks.U.S. and Chinese officials agreed on a framework to put their trade truce back on track and resolve China's e...Reuters
Wed, Jun 11
US Oil production set to decline – ING
The Energy Information Administration (EIA) revised its US crude Oil production estimates downward for 2026. In its latest Short-Term Energy Outlook, released yesterday, the EIA said output would decline by 50k b/d year on year in 2026 to 13.37m b/d.Fxstreet
Wed, Jun 11
TABLE-UAE's Fujairah oil inventory data for week ended June 9
June 11 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended June 9, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from ...Reuters
Wed, Jun 11
Pan African Resources Expects FY25 Production At 197,000oz, Up 6% From FY24
June 11 (Reuters) - Pan African Resources PLC PAFR.L:PAN AFRICAN RESOURCES PLC: OPERATIONAL UPDATE, RECORD HALF-YEAR GOLD PRODUCTION, SUBSTANTIAL DECREASE IN GROUP GEARING AND SHARE BUYBACK PROGRAMMEPAN AFRICAN RESOURCES PLC: SUFFERED A FATAL ACCIDENT ON 6 JUNE 2025 AT BARBERTON'S SHEBA MINEPAN ...Reuters
Wed, Jun 11
Silver Price Forecast: XAG/USD turns sideways around $36.50 as investors await US inflation data
Silver price (XAG/USD) trades in a tight range around $36.50 during European trading hours on Wednesday. The white metal consolidates as investors await the United States (US) Consumer Price Index (CPI) data for May, which will be published at 12:30 GMT.Fxstreet
Wed, Jun 11
China rare earths magnets maker says it has received export licences
BEIJING, June 11 (Reuters) - Chinese rare earths magnet producer JL MAG Rare-Earth 300748.SZ said on Wednesday it had obtained export licences for rare earths products including magnets, motor rotors and components to regions including the U.S., Europe and Southeast Asia.The company applied for lice...Reuters
Wed, Jun 11
South African macadamia farmers eye new markets after US tariff jolt
Top macadamia producer South Africa exploring Asian marketsTrump announced 31% tariff on US imports from South AfricaThe US is South Africa's second largest macadamia marketBy Sisipho Skweyiya LIMPOPO, June 11 (Reuters) - Gene Likhanya's macadamia nut farm, started with personal savings a...Reuters
Wed, Jun 11
Russia says it is ready to help remove excess nuclear material from Iran
MOSCOW, June 11 (Reuters) - Russia is ready to help remove excess nuclear material from Iran's territory to help the United States and Iran reach a deal, Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday, as quoted by the RIA Novosti news agency.Reuters
Wed, Jun 11
