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Frontier Airlines says full-year forecast under review
March 17 (Reuters) - Frontier Airlines ULCC.O said on Tuesday that its full-year forecast was under review, as carriers grapple with a sharp spike in jet fuel prices due to the conflict in the Middle East.Jet fuel prices have increased significantly since the company issued its prior forecast and ar...Reuters
Tue, Mar 17
Russian official say Ukraine's drone development means no region can feel safe, TASS reports
MOSCOW, March 17 (Reuters) - A senior Russian security official warned on Tuesday that the pace and development of Ukrainian drone production meant that no Russian region was safe from attack. Sergei Shoigu, the secretary of Russia's powerful Security Council and a former Russian defence mini...Reuters
Tue, Mar 17
Greece wants durable solution to ensure free shipping in Hormuz Strait
ATHENS, March 17 (Reuters) - Greece does not back any separate deals that would allow ships to enter and exit the Strait of Hormuz but wants a durable solution to safeguard peace in the region, its Foreign Minister George Gerapetritis said on Tuesday."We do not think that it is optimal to have s...Reuters
Tue, Mar 17
PRECIOUS-Gold firms on Iran tensions, but hawkish Fed outlook curbs gains
Iran launches fresh attacks on UAESeveral allies decline US call to escort shipping in HormuzFed expected to hold rates steady in policy meeting this weekBy Pablo Sinha March 17 (Reuters) - Gold prices inched higher on Tuesday, bolstered by safe-haven demand amid geopolitical jitters stemming fr...Reuters
Tue, Mar 17
Attacks on UAE's Fujairah port and Shah gas field add to energy disruption
March 17 (Reuters) - Oil loading at the United Arab Emirates port of Fujairah was at least partly halted on Tuesday after a third attack in four days caused a fire at the export terminal, while operations at the Shah gas field remained suspended after an earlier attack.The cascading disruptions thre...Reuters
Tue, Mar 17
FOCUS-Codelco monthly output dives, sowing doubts about validity of end-2025 production spike
By Fabian CamberoSANTIAGO, March 17 (Reuters) - Chile's state-owned copper giant Codelco has reported a sharp drop in production to start this year, leading copper industry analysts and former Codelco executives to question its reports of surging output at the end of 2025 that helped the company...Reuters
Tue, Mar 17
Germany seeks doubling of AI data centres by 2030
BERLIN, March 17 (Reuters) - Germany plans to encourage investments in data centres to at least double domestic capacity and to boost artificial intelligence data processing at least fourfold by 2030, the government said on Tuesday.In a bid to catch up with the dominant players the United States and...Reuters
Tue, Mar 17
Japan, US to agree joint development of critical minerals this week, Nikkei says
TOKYO, March 17 (Reuters) - Japan and the United States are set to agree to jointly develop rare earths, lithium and copper at Thursday's summit, the Nikkei Business Daily reported on Tuesday.Japanese firms Mitsubishi Materials 5711.T and Mitsui & Co 8031.T are due to take part in the projec...Reuters
Tue, Mar 17
Projectile hits Kuwait-flagged gas tanker off UAE's Fujairah
March 17 (Reuters) - An unknown projectile struck a Kuwait-flagged tanker 23 nautical miles east of Fujairah in the United Arab Emirates causing minor structural damage, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday. There were no injuries reported to the crew, the agency ...Reuters
Tue, Mar 17
Some Japan buyers agree to pay Q2 aluminium premium of $350/T, talks ongoing, sources say
Some Japanese aluminium buyers have agreed to pay a global producer a premium of $350 per metric ton over the benchmark price for shipments from April to June, up 79% from the current quarter, two sources directly involved in the pricing talks said.Japan is a major Asian importer of aluminium and th...Reuters
Tue, Mar 17
US weighs settlement of about $1 billion with TotalEnergies for blocking wind farms, NYT reports
March 17 - U.S. officials are drafting agreements that would pay about $1 billion to French oil major TotalEnergies TTEF.PA in settlements owing to the cancellation of leases in federal waters for its wind farms off New York State and North Carolina, the New York Times reported on Tuesday.Reuters co...Reuters
Tue, Mar 17
Japan, U.S. To Agree On Joint Development Of Rare Earth Elements, Lithium, Copper At Summit Meeting This Week, Nikkei Says
March 17 (Reuters) - Mitsubishi Materials Corp 5711.T:JAPAN, U.S. TO AGREE ON JOINT DEVELOPMENT OF RARE EARTH ELEMENTS, LITHIUM, COPPER AT SUMMIT MEETING THIS WEEK, NIKKEI SAYSCOMPANIES PARTICIPATING IN THE PROJECTS INCLUDE MITSUBISHI MATERIALS, MITSUI & CO, NIKKEI SAYSJOINT PROJECTS INCLUDE RAR...Reuters
Tue, Mar 17
EXCLUSIVE-No appetite in EU for energy deals with Russia, Kallas says
BRUSSELS, March 17 (Reuters) - There is no appetite in the European Union to strike deals with Russia on energy amid soaring prices, also not behind closed doors, EU foreign policy chief Kaja Kallas said on Tuesday."I've been behind those closed doors and I don't see this this appetite. ...Reuters
Tue, Mar 17
EXCLUSIVE-EU seeks diplomatic solution for Hormuz Strait, Kallas says
BRUSSELS, March 17 (Reuters) - European Union foreign policy chief Kaja Kallas said on Tuesday diplomatic ways have to be found in order to keep the Strait of Hormuz open, as U.S. President Donald Trump calls on allies to send warships there to secure transit amid the war in Iran."Nobody is read...Reuters
Tue, Mar 17
Sri Lanka cabinet approves emergency coal purchase amid Mideast crisis
COLOMBO, March 17 (Reuters) - Sri Lanka's cabinet has approved an emergency purchase of 300,000 metric tons coal from an Indian company named Taranjot Resources Pvt Ltd, a cabinet statement said on Tuesday. The purchase comes at a time when the island nation is rationing fuel to extend the life ...Reuters
Tue, Mar 17
Asia pivots to coal as Middle East conflict chokes LNG supply
Asia spot LNG prices double while coal up around 14%War-driven LNG shock seen destroying Asian gas demandBangladesh, Philippines, Thailand ramp up coal outputLNG infrastructure investments at risk in South AsiaBy Sudarshan Varadhan, Emily Chow and Ariba Shahid SINGAPORE/KARACHI, March 17 (Reuters...Reuters
Tue, Mar 17
Prices Rise as Attacks in Middle East and LNG Supply Fears Continue
By Nina Chestney LONDON, March 17 - Benchmark Dutch wholesale gas prices rose on Tuesday morning, in line with the crude oil market, as the U.S.-Israeli war on Iran continued and with little prospect of unlocking oil and gas exports through the Strait of Hormuz in the short term.The benchmark Dut...Reuters
Tue, Mar 17
