News
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GRAINS-Chicago grains and oilseeds tick up on crude oil strength, Plains weather
By Renee Hickman CHICAGO, March 18 (Reuters) - Chicago grain and oilseed futures ticked up on Wednesday as money flowed toward those markets and crude oil gave corn and soybeans a boost. Meanwhile wheat climbed on concerns about dry soils in the U.S. Southern Plains, analysts said. The most activ...Reuters
Wed, Mar 18
Tehran warns Gulf energy sites to evacuate after Iranian gas facilities hit
Brent crude futures jump over 6% on news of attacks Iran's Revolutionary Guards issue evacuation warnings for Gulf oil facilitiesExtent of damage to South Pars petrochemical facilities unclearAnalysts say that attacks mean conflict could last past May DUBAI, March 18 (Reuters) - Iranian gas f...Reuters
Wed, Mar 18
Macron names new French aircraft carrier 'Free France' in nod to resistance
Macron names next aircraft carrier after French resistanceCurrent flagship Charles de Gaulle to retire after 2038Only France and U.S. have nuclear-powered carriersBy Gianluca Lo Nostro INDRE, France, March 18 (Reuters) - France's new aircraft carrier will be named France Libre (Free France), ...Reuters
Wed, Mar 18
IAEA confirms structure 350 metres from Iran's Bushehr NPP reactor was hit by projectile
March 18 (Reuters) - The International Atomic Energy Agency confirmed on Wednesday that a structure 350 meters from Iran's Bushehr nuclear power plant reactor was hit and destroyed.There was no damage to the reactor itself nor injuries to staff, Director General of the IAEA Rafael Grossi said.Reuters
Wed, Mar 18
US FAA On March 17 Cleared Boeing To Continue Advancing Its Long-Delayed 777-9 Into The Fourth Phase Of Certification Testing - Air Current
March 18 (Reuters) - US FAA ON MARCH 17 CLEARED BOEING TO CONTINUE ADVANCING ITS LONG-DELAYED 777-9 INTO THE FOURTH PHASE OF CERTIFICATION TESTING - AIR CURRENTSource text: https://tinyurl.com/45evxec9Reuters
Wed, Mar 18
Russia says Middle East conflict fuelling worst energy crisis in 40 years
MOSCOW, March 18 (Reuters) - Conflict in the Middle East is disrupting a significant share of global energy supplies and has triggered the most severe energy crisis in the past 40 years, Deputy Prime Minister Alexander Novak said on Wednesday."In the context of the current Middle East conflict, ...Reuters
Wed, Mar 18
Iraq state oil company signs contracts to export crude oil via Turkey, Jordan and Syria, state news agency says
CAIRO, March 18 (Reuters) - Iraq's state oil company SOMO signed contracts with international carriers and buyers to export crude oil via Turkey, Jordan and Syria, the Iraqi state news agency said on Wednesday.Reuters
Wed, Mar 18
Countries propose safe corridor to free 20,000 seafarers stranded in Gulf
Hundreds of vessels stranded by Iran warUS backs safe maritime corridor proposalWith seven seafarers killed, IMO chief calls for 'de-escalation'By Jonathan Saul LONDON, March 18 (Reuters) - A proposal from the UN's shipping agency on Wednesday calls for a safe maritime corridor to fre...Reuters
Wed, Mar 18
Vance to meet oil executives amid spiking gasoline prices, Bloomberg News reports
March 18 (Reuters) - U.S. Vice President JD Vance and other key Trump administration officials plan to meet with oil executives on Thursday, Bloomberg News reported on Wednesday, citing people familiar with the matter, amid spiking oil prices spurred by the Mideast conflict.The meeting will be held ...Reuters
Wed, Mar 18
Ten EU members press Brussels to keep giving industry free carbon permits
EU leaders summit on Thursday expected to address carbon marketIran war has increased government's concerns about energy costsTen EU members call for "thorough review of ETS" WARSAW, March 18 (Reuters) - Ten European Union member states have called on the bloc to keep handing out free...Reuters
Wed, Mar 18
US Cash Grains-Corn basis steady-firmer, soy bids steady
CHICAGO, March 18 (Reuters) - Cash basis bids for corn were mostly steady to slightly higher in the U.S. Midwest on Wednesday, as some grain handlers sought to woo farmers into selling their crops after the recent sharp slump in Chicago Board of Trade corn and soybean futures, dealers said.Meanwhile...Reuters
Wed, Mar 18
Gabbard cites reports that China, India have moved tankers through Strait of Hormuz
WASHINGTON, March 18 (Reuters) - Top U.S. spy Tulsi Gabbard on Wednesday cited unspecified reports that China, India and other countries have been able to move tankers through the Strait of Hormuz but it was not clear how much has been crossed through the channel controlled by Iran."There has b...Reuters
Wed, Mar 18
X back up after brief outage, Downdetector shows
March 18 (Reuters) - Elon Musk's social media platform X was back up after a brief outage for thousands of users in the U.S. on Wednesday, according to Downdetector.com. At its peak, there were more than 34,500 reports of issues with X, according to Downdetector, before coming down to 845 rep...Reuters
Wed, Mar 18
McEwen Copper plans $300 million IPO to finance Los Azules project in Argentina, executive says
By Lucila Sigal BUENOS AIRES, March 18 (Reuters) - Canadian miner McEwen Copper plans to carry out an initial public offering of about $300 million toward the end of this year in a financing push for its Los Azules copper project in Argentina, a company executive said. McEwen Copper is a subsidia...Reuters
Wed, Mar 18
Qatar's Ras Laffan evacuated as Iran threatens strikes on Gulf energy assets, source says
LONDON, March 18 (Reuters) - Qatar's Ras Laffan LNG installations are being evacuated, a source with knowledge of the matter told Reuters on Wednesday, following Iran's threat to attack Gulf energy facilities.Iran issued an evacuation warning for several oil facilities across Saudi Arabia, t...Reuters
Wed, Mar 18
White House says China agreed to postpone Trump's Beijing trip
WASHINGTON, March 18 (Reuters) - The White House said on Wednesday that China had agreed to postpone U.S. President Donald Trump's visit to Beijing, originally scheduled in just two weeks. Spokeswoman Karoline Leavitt said that the White House was working to secure a new date for the visit as so...Reuters
Wed, Mar 18
Egypt’s energy import bill more than doubles as global prices surge
Energy import costs increased 2-2.5 times since conflict beganNatural gas import bill nearly tripled to $1.65 billion monthlyGovernment plans energy-saving measures, including earlier closing hours and remote work CAIRO, March 18 (Reuters) - Egypt's energy import bill has more than doubled si...Reuters
Wed, Mar 18
Three private planes at Israel's Ben Gurion Airport damaged by Iran missile debris
TEL AVIV, March 18 (Reuters) - Three private planes parked at Ben Gurion Airport near Tel Aviv suffered "severe" damage after being hit by debris from Iranian missiles that were intercepted by Israeli air defence systems, the Israel Airports Authority said on Wednesday.The authority said the...Reuters
Wed, Mar 18
Japan to spend nearly $63 billion in second phase of US investment, Nikkei reports
March 19 (Reuters) - Japan is expected to spend around 10 trillion yen ($62.72 billion) in the second phase of its $550 billion U.S. investment pledge, targeting projects such as next-generation nuclear reactors and gas-fired power generation, the Nikkei reported on Thursday. The investment i...Reuters
Wed, Mar 18
