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PRECIOUS-Gold steady near two-week highs on MidEast de-escalation reports
Trump says US could end Iran war within two to three weeksTrump to address nation on Iran at 9 pm EDT on Wednesday Gold rises to its highest level since March 20Dollar drops on Iran de-escalation hopesBy Noel John April 1 (Reuters) - Gold held steady on Wednesday after hitting a two-week high as ...Reuters
35 minutes ago
US extends licence for Russian oil transit via Kazakhstan to China until March 2027, Ifx says
MOSCOW, April 1 (Reuters) - The U.S. Office of Foreign Assets Control extended the licence for Russian oil transit to China via Kazakhstan until March 2027, Interfax news agency on Wednesday cited the energy ministry of the Central Asian nation as saying.In 2024, the transit totalled 10.2 million t...Reuters
44 minutes ago
Tanker hit by two projectiles off Qatar, one unexploded, UKMTO says
April 1 (Reuters) - A tanker struck off Qatar was hit by two projectiles, one causing a fire that has since been extinguished and another remaining unexploded in the vessel's engine room, the United Kingdom Maritime Trade Operations (UKMTO) said on Wednesday.The vessel was struck about 17 nautic...Reuters
52 minutes ago
Northern Minerals says Australia blocks Hong Kong investor from voting, selling most of stake
Northern Minerals is developing large source of heavy rare earthsChinese shareholders may have sold to related party in breach of 2024 orderThere are concerns that Chinese parties want control of the companyBy Melanie Burton and Roushni Nair MELBOURNE, April 1 (Reuters) - Northern Minerals NTU.AX...Reuters
59 minutes ago
Oil up over 1% as Mideast uncertainty keeps market jittery
U.S.-Israeli campaign against Iran could end within two to three weeks, Trump saysUncertainty lingers around developments and how supply chains can revive OPEC oil output falls in March, Reuters survey findsBy Colleen Howe and Jeslyn Lerh SINGAPORE, April 1 (Reuters) - Oil rose more than 1% on We...Reuters
an hour ago
ROI-Iran war is both a boost and a threat to Australia's LNG: Russell
By Clyde Russell SYDNEY, April 1 (Reuters) - The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Aus...Reuters
2 hours ago
South Korea, Indonesia sign agreements on minerals, tech and finance during Prabowo visit
SEOUL, April 1 (Reuters) - South Korean President Lee Jae Myung held summit talks in Seoul on Wednesday with Indonesian leader Prabowo Subianto, where they agreed to expand cooperation on critical minerals, technology, and clean energy, Seoul's presidential Blue House said.The agreements also in...Reuters
2 hours ago
India grants temporary customs duty relief for SEZ goods sold domestically
NEW DELHI, April 1 (Reuters) - India will grant a temporary customs duty relief for goods manufactured in special economic zones (SEZs) and sold in the domestic market, according to a government notice dated Tuesday.The lowered duty rates will range between 5% to 12.5% across industries, with levies...Reuters
2 hours ago
GRAINS-Corn rises for second session on outlook for lower US planting
US farmers to plant less corn due to higher fertilizer pricesWheat market supported by dry weather hitting US winter cropBy Naveen Thukral SINGAPORE, April 1 (Reuters) - Chicago corn futures gained more ground on Wednesday, supported by robust demand and expectations that U.S. farmers will plant ...Reuters
3 hours ago
METALS-Copper rises to two-week high on hopes for end to Iran war
April 1 (Reuters) - Copper rose to two-week highs on Wednesday, as investors are betting on signs of de-escalation in the ongoing war in the Middle East.The benchmark three-month copper on the London Metal Exchange CMCU3 rose 1.03% to $12,463 a metric ton as of 0243 GMT after hitting $12,414, the hi...Reuters
3 hours ago
PRECIOUS-Gold ticks up as dollar slips on Mideast de-escalation hopes
Trump says US could end Iran war within two to three weeksTrump to address nation on Iran at 9 pm on Wednesday Gold rises to its highest level since March 20Dollar falls 0.2% on Iran de-escalation hopesBy Noel John April 1 (Reuters) - Gold prices edged higher on Wednesday to their highest in near...Reuters
3 hours ago
Kuwait says Iran drone attack sets airport fuel tanks ablaze, no casualties
April 1 (Reuters) - An Iranian drone attack struck fuel tanks at Kuwait International Airport on Wednesday, sparking a massive fire but causing no casualties, Kuwait's state news agency KUNA said.The latest of several attacks on the airport and fuel storage there came as the U.S.-Israeli war on ...Reuters
3 hours ago
Asia barters for scarce energy as Iran crisis throttles supplies
Indonesia, India seek energy swap deals with JapanChina export ban hastens hunt for alternative suppliers South Korea, Sri Lanka turn to Russia for relief'Frenzied' search for fuel looms, New Zealand official says By Kentaro Okasaka, Uditha Jayasinghe and Lucy Craymer TOKYO/COLOMBO/WEL...Reuters
3 hours ago
Rubio says Venezuela will ultimately need transition phase, free elections
By Kanishka Singh WASHINGTON, March 31 (Reuters) - U.S. Secretary of State Marco Rubio on Tuesday said there will have to be a transition phase in Venezuela and the country will need free and fair elections, though he added that there needs to be patience until that point is reached."Ultimate...Reuters
3 hours ago
Kuwait says Iran drone attack sets ablaze airport fuel tanks
April 1 (Reuters) - An Iranian drone attack targeted fuel tanks at Kuwait's international airport, sparking a large fire but causing no casualties, Kuwaiti state news agency KUNA said on Wednesday.Emergency teams rushed to the site, but initial reports showed only material damage at the facil...Reuters
4 hours ago
Gold Price Rebounds Strongly to $4,700 Mark. But March Still Records Significant Pullback
TradingKey - During Wednesday’s Asian trading session, international gold prices surged, breaking through the $4,700 threshold intraday to reach a new periodic rebound high. This followed signals from both the U.S. and Iran expressing a willingness to end the conflict. Driven by this, capital flowed back into risk assets, while gold, which experienced a sharp decline in March, also recorded synchronized gains.TradingKey
4 hours ago
PRECIOUS-Gold ticks up on weaker dollar, Mideast de-escalation hopes grow
April 1 (Reuters) - Gold prices rose on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as U.S. President Donald Trump said the war with Iran could wind down within weeks. FUNDAMENTALSSpot gold XAU= rose 0.7% to $4,700.41 per ounce by 0109 GMT, its highest level since Ma...Reuters
4 hours ago
