News
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US-owned tanker attacked near Iraq was hit by unmanned boats, early findings show
Safesea Vishnu tanker attacked by two explosive-laden unmanned boats, crew jumped into water to escapeOne crew was killed in attack, remaining 27 crew safeUS Navy has repeatedly declined escort requests through Strait of Hormuz due to high attack riskBy Lisa Baertlein LOS ANGELES, March 13 (Reute...Reuters
Fri, Mar 13
Trump rejected Putin offer to move Iran's uranium to Russia, Axios reports
WASHINGTON, March 13 (Reuters) - U.S. President Donald Trump rejected an offer by Russian President Vladimir Putin to move Iran's enriched uranium to Russia as part of a deal to end the U.S. and Israel's war against Tehran, Axios reported on Friday.Putin made the proposal in a phone call wit...Reuters
Fri, Mar 13
CIF/FOB Gulf Grain-Soy basis dips as Chinese demand stays quiet
CHICAGO, March 13 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals slipped on Friday as Chinese demand remained quiet, traders said.Traders were waiting for a meeting between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in France from...Reuters
Fri, Mar 13
WRAPUP 1-Governments globally roll out measures to blunt effect of Iran war energy shock on consumers
Governments intervene as fuel costs ripple through economiesPower, food costs rise as energy shock spreads globallyCountries tap reserves and subsidies to stabilise energy marketsBy Joyce Lee, Daewoung Kim and Mohamed Ezz SEOUL/CAIRO, March 13 (Reuters) - Governments from Asia to Europe are scram...Reuters
Fri, Mar 13
WRAPUP 11- Trumps says US could escort ships through strait as oil prices roil global economy
Trump pledges more strikes 'over the next week'US issues 30-day waiver for Russian oil purchasesIsrael and Iran exchange missile barragesTrump says Putin helping Iran 'a little bit' By Parisa Hafezi, Maya Gebeily and Alexander Cornwell WASHINGTON/DUBAI/BEIRUT/JERUSALEM, March 13 (...Reuters
Fri, Mar 13
Crude futures turn positive on continued Hormuz closure
Reports of resolution, continued fighting move pricesUS measures aimed at easing supply tightnessDisruption of trade through the strait continues By Erwin Seba HOUSTON, March 13 (Reuters) - Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the ...Reuters
Fri, Mar 13
LIVESTOCK-CME cattle ease on demand worries as crude oil prices rise
By Karl Plume CHICAGO, March 13 (Reuters) - Chicago Mercantile Exchange live cattle futures eased on Friday as anxiety over rising crude oil prices and broader economic concerns more than offset support from tight cattle supplies and improving beef packer margins.Feeder cattle were mixed as suppo...Reuters
Fri, Mar 13
US issues license authorizing certain activities involving Venezuelan-origin oil
LOS ANGELES, March 13 (Reuters) - The U.S. issued a general license Friday authorizing certain activities involving Venezuelan-origin oil or petrochemical products, according to the Treasury Department website.Reuters
Fri, Mar 13
FACTBOX-Storms cut power to 396,000 customers in US Midwest, Mid-Atlantic; Ohio hardest hit
By Scott DiSavinoNEW YORK, March 13 (Reuters) - Over 396,000 homes and businesses were without power on Friday as severe storms battered the U.S. Midwest and Mid-Atlantic region, according to data from PowerOutage.us.The hardest-hit state was Ohio, with around 123,000 outages, representing about 2.3...Reuters
Fri, Mar 13
CBOT corn ends higher on positioning ahead of weekend
CHICAGO, March 13 (Reuters) - Chicago Board of Trade corn futures firmed for a third straight day on Friday as traders squared positions ahead of the weekend amid anxiety over ongoing hostilities in the Middle East and rising crude oil prices.Corn has also drawn support from expectations that rising...Reuters
Fri, Mar 13
GRAINS-Soybeans slip from near two-year high, corn gains on pre-weekend positioning
Crude oil rebounds from overnight lows, lifting grainsTraders squaring positions on grains ahead of the weekendUpcoming U.S.-China talks eyed for soybean demandBy Karl Plume CHICAGO, March 13 (Reuters) - U.S. soybean futures weakened on Friday after hitting a near two-year high in the previous se...Reuters
Fri, Mar 13
Pakistani airstrikes cause civilian casualties in Kabul, Taliban and UN say
Taliban say six killed in residential areas of Kabul, NangarharKam Air fuel depot supplies civilian, UN aircraft, Taliban sayAfghanistan sends drones into Pakistan in response Strikes follow Chinese mediation effortsPakistan's information minister denies targeting civiliansBy Mohammad Yunus Yawa...Reuters
Fri, Mar 13
CBOT wheat ends higher on technical buying, US weather concerns
CHICAGO, March 13 (Reuters) - Chicago Board of Trade wheat futures rose for a third straight day on Friday on dry conditions in the U.S. Plains wheat belt, technical buying, and speculative buying tied to rising crude oil prices and war in the Middle East, traders said.Rallying crude oil prices have...Reuters
Fri, Mar 13
CBOT soybeans retreat from 21-month peak on pre-weekend profit taking
CHICAGO, March 13 (Reuters) - Chicago Board of Trade soybean futures eased on Friday in a profit-taking setback from a 21-month high posted in the prior session, though losses were limited by rising crude oil prices and hopes for progress in U.S.-China trade talks.Higher crude prices can support soy...Reuters
Fri, Mar 13
US proposes easing limits on cancer-causing gas used to clean medical devices
WASHINGTON, March 13 (Reuters) - The Trump administration is proposing to lift some limits on the use of ethylene oxide, a carcinogenic gas used for sterilization, saying previous constraints imposed under former President Joe Biden may hamper medical device makers' ability to clean their facili...Reuters
Fri, Mar 13
US natural gas futures slide 3% as mild March curbs demand
Mild weather reduces US natural gas demand, affecting futures pricesPipeline constraints keep Waha Hub prices negative for 26 daysUS LNG exports decrease despite global price surge due to Iran conflictBy Scott DiSavino NEW YORK, March 13 (Reuters) - U.S. natural gas futures slid about 3% on F...Reuters
Fri, Mar 13
Refiner MOL complains to EU over Croatian pipeline fees
BUDAPEST, March 13 (Reuters) - Hungarian refiner MOL MOLB.BU said on Friday it and subsidiary Slovnaft had filed a complaint with the European Commission over Croatian pipeline operator JANAF's pricing policy.It follows a complaint MOL filed last week with the EU's competition watchdog over ...Reuters
Fri, Mar 13
US Cash Grains-Soy bids down, corn steady as trade slows
CHICAGO, March 13 (Reuters) - Spot basis bids for soybeans were steady to lower and corn bids were mostly stable in the U.S. Midwest on Friday as a huge swell of farmer selling triggered by high prices slowed.U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soy...Reuters
Fri, Mar 13
Panama hopes China's COSCO will resume operations at Balboa port, minister says
By Elida Moreno PANAMA CITY, March 13 (Reuters) - Panama's government hopes China's COSCO Shipping 601919.SS will reconsider its decision not to use the Balboa port at the entrance of the Panama Canal, the country's minister for canal affairs, Jose Ramon Icaza, said on Friday. Earlier...Reuters
Fri, Mar 13
