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UK to host talks with 35 countries on reopening Strait of Hormuz
US will not be involved in talks Vital oil route effectively shut as Iran war ragesCountries seek ways to reopen waterway after ceasefireBy Andrew MacAskill and Muvija M LONDON, April 2 (Reuters) - Britain will host talks on Thursday aimed at forming a coalition of countries to explore way...Reuters
14 minutes ago
Oil prices jump over 7% after Trump says attacks on Iran will continue
Brent, WTI set for biggest absolute, percentage jumps in 3 weeksTrump speech did not clarify when Hormuz might reopenBy Shadia Nasralla LONDON, April 2 (Reuters) - Oil prices climbed nearly 7% on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of ...Reuters
16 minutes ago
EUROPE GAS-European gas prices rise as hopes fade on quick end to Iran war
LONDON, April 2 (Reuters) - Benchmark Dutch and British wholesale gas prices rose on Thursday morning, as U.S. President Donald Trump vowed more aggressive strikes on Iran without committing to a specific timeline to end the war, unsettling investors worried about prolonged disruptions to global sup...Reuters
21 minutes ago
Ryanair CEO sees oil prices falling soon, reports German magazine
BERLIN, April 2 (Reuters) - Ryanair CEO Michael O'Leary expects oil prices to fall soon and is optimistic that fuel will become cheaper again in the fourth quarter of this year, probably even sooner, according to an interview with Germany's WirtschaftsWoche magazine."It’s not certain whe...Reuters
34 minutes ago
South Korea denies report it is considering paying Iran Hormuz transit fees
SEOUL, April 2 (Reuters) - South Korea is not considering paying Iran fees for the passage of Middle Eastern oil and gas through the Strait of Hormuz, the presidential Blue House said on Thursday, denying an earlier local media report."Reviewing the payment of Hormuz transit fees is completely u...Reuters
46 minutes ago
TABLE-North Sea gas maintenance schedule: Adds Hatfield outage
April 2 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
an hour ago
Australian growers shift to less fertiliser-intensive crops as Iran war costs surge
Australian farmers shift to barley on fertiliser, fuel costs Urea prices jump, diesel costs surge, pressuring farm economicsGlobal fertiliser crunch worsens as Strait of Hormuz disruptedBy Naveen Thukral SINGAPORE, April 2 (Reuters) - Australian farmers are expected to favour less nitrogen-intens...Reuters
an hour ago
South Korea carefully considering issue of Iran payments to bring in Middle Eastern energy, newspaper says
SEOUL, April 2 (Reuters) - South Korea is carefully considering whether to pay Iran fees to bring in Middle Eastern oil and gas, the Maeil Business Newspaper reported on Thursday, citing an unnamed presidential Blue House official. The Blue House did not have an immediate comment when contacted.Reuters
2 hours ago
France to limit use of Chinese-made renewables in coming tenders, Junior Energy Minister says
PARIS, April 2 (Reuters) - French Junior Energy Minister Maud Bregeon said on Thursday her government plans to introduce "resilience measures" that would limit the number of Chinese-made renewable equipments in the new tenders.Reuters
2 hours ago
METALS-Copper falls after Trump threatens more attacks on Iran
SINGAPORE, April 2 (Reuters) - Copper prices fell for the first time in five sessions on Thursday, weighed down by renewed concerns over economic growth after U.S. President Donald Trump vowed more strikes on Iran and gave no specific timeline on ending the conflict.The benchmark three-month copper ...Reuters
2 hours ago
PRECIOUS-Gold prices slump as Trump threatens more attacks on Iran
Trump vows to strike Iran "extremely hard" over next few weeksGold slips after gaining for previous four sessionsSilver plummets more than 7%US dollar advances; Brent surges over 6%By Anmol Choubey and Pablo Sinha April 2 (Reuters) - Gold fell sharply from two-week highs on Thursday afte...Reuters
2 hours ago
US: Inflation upturn with oil shock – Commerzbank
Commerzbank economists Dr. Christoph Balz and Dr. Ralph Solveen argue that higher Oil prices from the Iran War are set to push US inflation higher. They expect March CPI to rise 0.9% month-on-month and 3.3% year-on-year, with core at 0.3% and 2.7%.Fxstreet
2 hours ago
Reconstruction of damaged Iranian steel factory to take up to one year, company official
DUBAI, April 2 (Reuters) - Iran's Khuzestan Steel Company will need between six months and a year to restore operations after its facilities were damaged in a strike last week, a deputy director said, according to a report published on Thursday by a judiciary-linked news outlet. The Internationa...Reuters
2 hours ago
India's March palm oil imports fall to 3-month low as prices surge
By Rajendra Jadhav MUMBAI, April 2 (Reuters) - India's palm oil imports fell nearly 19% in March to a three-month low as a rally in tropical oil prices, tracking energy markets, prompted refiners to curb purchases and wait for a correction, five dealers said.Lower imports could deplete stocks...Reuters
2 hours ago
China says trade talks with US have injected stability into ties
BEIJING, April 2 (Reuters) - China's trade talks with the United States have injected more stability and certainty into trade relations, the Chinese commerce ministry said on Thursday, sounding upbeat on the first anniversary of the U.S. so-called 'Liberation Day'. Last year, U.S. Presid...Reuters
2 hours ago
Kazmunaygaz says new mooring unit for CPC delivered, IFX reports
MOSCOW, April 2 (Reuters) - Kazakhstan's state energy company Kazmunaygaz said a new single-point mooring (SPM) unit for the Caspian Pipeline Consortium terminal in the Black Sea has been delivered, Interfax news agency reported on Thursday.Three SPMs - floating buoys located about 5 km (3.1 mi...Reuters
3 hours ago
Japan's Osaka Gas Considers Expanding Gas-Fired Thermal Power Business In Texas, Virginia As Early As 2030, Nikkei Says
April 2 (Reuters) - Osaka Gas Co Ltd 9532.T:JAPAN'S OSAKA GAS CONSIDERS EXPANDING GAS-FIRED THERMAL POWER BUSINESS IN TEXAS, VIRGINIA AS EARLY AS 2030, NIKKEI SAYSSource text: https://www.nikkei.com/article/DGXZQOUF106VL0Q6A310C2000000/Reuters
3 hours ago
