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Trump says NATO's refusal to help on Iran is "very foolish mistake"
By Steve HollandWASHINGTON, March 17 (Reuters) - President Donald Trump on Tuesday said the United States had been informed by most of its NATO allies that they did not want to get involved with the country's military operation in Iran, a move he described as a "very foolish mistake." Bu...Reuters
Tue, Mar 17
METALS-Copper slips as Iran war, rising stocks stoke demand fears
March 17 (Reuters) - Copper dipped on Tuesday as Iran launched fresh attacks on U.S. allies in the Gulf and London Metal Exchange inventories climbed to their highest in 6-1/2 years, while aluminium was supported by concerns over supply from the Middle East.Benchmark LME three-month copper CMCU3 was...Reuters
Tue, Mar 17
EXCLUSIVE-EGA to export aluminium via Oman amid Gulf disruption, sources say
Sohar Port offers alternative export routePort remains undamaged despite recent drone incidentsAlba considering Sohar and Jeddah for exports, sources sayBy Pratima Desai and Tom Daly LONDON, March 17 (Reuters) - Emirates Global Aluminium will route its aluminium exports and raw materials through ...Reuters
Tue, Mar 17
Iraqi presidency urges Iraqi government, KRG to cooperate to resume crude oil exports
March 17 (Reuters) - The Iraqi presidency on Tuesday urged both the Iraqi Federal government and the Kurdistan regional government, or KRG, to cooperate to resume crude oil exports, a presidency statement said. Iraq's Kurdish authorities said on Sunday that Baghdad had failed to address securit...Reuters
Tue, Mar 17
PRECIOUS-Gold steady as markets track Iran tensions, await Fed decision
Iran rejects de-escalation offersIsrael's Katz says Iran's security chief killedOil prices jump more than 1%By Ashitha Shivaprasad March 17 (Reuters) - Gold prices held nearly steady on Tuesday, as market participants monitored the intensifying Iran conflict and awaited the U.S. Federal R...Reuters
Tue, Mar 17
WRAPUP 1-Global airlines hike fares, cut routes as fuel costs balloon
Airlines face soaring costs due to US-Israeli war against IranDelta says jet fuel adds $400 million in costs in March aloneConflict disrupts global aviation, affects routes and operationsSAS among first airline to cut routes due to soaring fuel costsBy Rajesh Kumar Singh, Shivansh Tiwary and Joanna ...Reuters
Tue, Mar 17
GRAINS-Soybeans regain ground as Trump says meeting with Xi will be reset
By Renee Hickman CHICAGO, March 17 (Reuters) - Chicago soybean futures climbed on Tuesday as U.S. President Donald Trump said he would reset a meeting scheduled with China's president Xi Jinping.Trump had earlier said the meeting could be delayed, causing doubts over Chinese demand and sendin...Reuters
Tue, Mar 17
Vinfast Auto Extends Free EV Charging Program In India, Philippines, & Indonesia
March 17 (Reuters) - VinFast Auto Ltd VFS.O:VINFAST AUTO LTD: EXTENDS FREE EV CHARGING PROGRAM IN INDIA, PHILIPPINES, AND INDONESIA UNTIL MARCH 31, 2029VINFAST AUTO: ANNOUNCED “TRADE GAS FOR ELECTRIC” PROGRAM IN INDIA, INDONESIA, PHILIPPINES, & VIETNAM - WEBSITEVINFAST AUTO: OFFERS ADDITIONAL 3%...Reuters
Tue, Mar 17
Trump says his meeting with China's Xi will take place in five or six weeks
WASHINGTON, March 17 (Reuters) - U.S. President Donald Trump on Tuesday said he and Chinese President Xi Jinping are "resetting" their meeting that was planned for March 31-April 2, and that it will instead take place in around five or six weeks.Reuters
Tue, Mar 17
WTI remains volatile amid persistent geopolitical risks and supply disruptions
West Texas Intermediate (WTI) Crude Oil trims part of earlier gains and edges lower on Tuesday as traders struggle to extend the rally at elevated levels while continuing to assess geopolitical developments surrounding the US-Iran war and ongoing supply disruptions through the Strait of Hormuz.
Fxstreet
Tue, Mar 17
UK to devolve more fiscal powers to regions, finance minister Reeves says
LONDON, March 17 (Reuters) - British finance minister Rachel Reeves said she was looking at ways to devolve more fiscal powers to different regions within the country, including some control of taxes, as part of efforts to drive growth and productivity.Reeves said on Tuesday, in a speech in London&#...Reuters
Tue, Mar 17
Silver slumps to $79 despite softer US Dollar, falling US yields
Silver prices retreated nearly 2% on Tuesday, even as the Greenback remained softer and US Treasury yields fell. Higher Crude Oil prices pressure the white metal. which is down 1.81% in the week, while risk appetite improves.
Fxstreet
Tue, Mar 17
Canada electricity demand, natural gas production to accelerate by 2050, regulator says
CALGARY, March 17 (Reuters) - A long-term outlook from the Canada Energy Regulator on Tuesday says both electricity demand and Canadian natural gas production will accelerate by 2050.The regulator analyzed a variety of potential scenarios, including a baseline that assumes existing government polici...Reuters
Tue, Mar 17
France will never take part in operations to unblock Hormuz Strait amid hostilities, says Macron
Paris distances itself from Trump’s commentsFrance plans post‑war coalition for Hormuz securityAny mission needs calm, and talks with Iran first, Macron saysBy John Irish and Michel Rose PARIS, March 17 (Reuters) - President Emmanuel Macron said on Tuesday France would never take part in operatio...Reuters
Tue, Mar 17
Venezuela's PDVSA ratifies Asdrubal Chavez as head of US units including Citgo
CARACAS, March 17 (Reuters) - The board of directors of Venezuela's state-run PDVSA this week ratified Asdrubal Chavez as head of the oil company's U.S. subsidiaries PDV Holding, Citgo Holding and Citgo Petroleum, a document seen by Reuters showed, a decision that follows U.S. President Dona...Reuters
Tue, Mar 17
Turkey ready to host next round of Russia-Ukraine talks, Fidan tells Lavrov
ANKARA, March 17 (Reuters) - Turkish Foreign Minister Hakan Fidan reiterated that Turkey is ready to host the next round of negotiations between Russia and Ukraine, during a phone call with Russian Foreign Minister Sergei Lavrov on Tuesday, Turkey's foreign ministry said.Fidan underlined the ris...Reuters
Tue, Mar 17
NATO countries don't want to get involved in Iran operation, Trump says
March 17 (Reuters) - U.S. President Donald Trump said in a Truth Social post on Tuesday that U.S. had been informed by most of its NATO allies that they did not want to get involved with the country's military operation in Iran.Reuters
Tue, Mar 17
Ukraine accepts EU offer to help restore Druzhba pipeline, repairs to take time
EU offering technical, funding support to restart DruzhbaHungary, Slovakia cut off from Russian oil flows since JanuaryKyiv says pipeline needs repairs after Russian strikeHungarian, Slovak governments say Kyiv is delaying restart BRUSSELS, March 17 (Reuters) - Ukraine accepted the European Union...Reuters
Tue, Mar 17
Russia's March oil and gas revenues expected to fall 52% year-on-year
March 17 (Reuters) - Russia's federal budget proceeds from taxes on oil and gas are expected to drop by 52% in March to 520 billion roubles ($6.4 billion) from the same month in 2025 due to weaker oil prices and a stronger rouble, Reuters calculations showed on Tuesday.The rise in international ...Reuters
Tue, Mar 17
RPT-Europe should prepare measures to support consumers, business as energy prices soar, says Greek PM
ATHENS, March 17 - Greek Prime Minister Kyriakos Mitsotakis on Tuesday said that Europe should prepare short- and long-term measures to support consumers and businesses as energy prices soar due to conflict in Middle East.Reuters
Tue, Mar 17
