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Putin spending much time on the escalating Middle East crisis, Kremlin says
MOSCOW, April 3 (Reuters) - Russian President Vladimir Putin is spending much time on the escalating Middle East crisis, Kremlin spokesman Dmitry Peskov said on Friday.Nearly five weeks after it began with joint U.S.-Israeli air strikes, the war in Iran continues to destabilise the region and unsett...Reuters
8 minutes ago
Russia's oil and gas revenue down 43% y/y in March, finance ministry says
Revenue is based on prices before oil spikedOil and gas revenue below targetMOSCOW, April 3 (Reuters) - Russian state oil and gas revenues declined in March by 43% to 617 billion roubles ($7.72 billion) from the same month a year ago, according to finance ministry data published on Friday, due to lo...Reuters
28 minutes ago
CMA CGM container ship has crossed through Strait of Hormuz, BFM TV reports
PARIS, April 3 (Reuters) - A container ship belonging to French shipping group CMA CGM has crossed through the Strait of Hormuz, BFM TV, which belongs to the shipping company, said on Friday.It was not immediately clear how the vessel secured safe passage through the strait, a narrow waterway throug...Reuters
31 minutes ago
Russia's oil and gas revenue down 43% y/y to 617 bln roubles in March, finance ministry says
MOSCOW, April 3 - Russian state oil and gas revenues declined in March by 43% to 617 billion roubles ($7.72 billion) from the same month a year ago, according to finance ministry data published on Friday, due to lower oil prices and a stronger rouble.Revenue rose from 432.3 billion roubles in Februa...Reuters
43 minutes ago
CMA CGM container ship has crossed through Strait of Hormuz, BFM TV reports
PARIS, April 3 (Reuters) - A container ship belonging to French shipping group CMA CGM has crossed through the Strait of Hormuz, BFM TV, which belongs to the shipping company, said on Friday.CMA CGM did not immediately respond to a request for comment.Reuters
48 minutes ago
Abu Dhabi says debris from intercepted threat hit Habshan gas facilities, operations suspended
April 3 (Reuters) - Debris from an intercepted aerial threat fell on Abu Dhabi's Habshan gas facilities, prompting a temporary suspension of operations and a fire that emergency teams were working to contain, with no injuries reported, the Abu Dhabi Media Office said.Reuters
2 hours ago
METALS-Aluminium slips on firmer dollar, but logs biggest weekly gain in a month
By Amy Lv and Lewis Jackson BEIJING, April 3 (Reuters) - Aluminium fell on Friday, as a stronger U.S. dollar and mounting fears of a potential economic recession due to a prolonged Iran war outweighed supply fears that helped the metal log its biggest weekly gain in a month.The most-traded alumin...Reuters
2 hours ago
Kuwait says Iranian attack hit power, desalination plant causing damage
April 3 (Reuters) - Kuwait said an Iranian attack hit a power and water desalination plant on Friday, causing material damage to parts of the facility, the Ministry of Electricity, Water and Renewable Energy said.It said that emergency and technical teams were responding under contingency plans to m...Reuters
2 hours ago
WTI remains stronger near $104 as Trump threats fuel supply fears
West Texas Intermediate (WTI) oil price steadies around $103.80 per barrel during the early European hours on Friday. WTI price gained over 10% as supply concerns intensified following renewed Iran threats from US President Donald Trump.
Fxstreet
3 hours ago
WRAPUP 3-Trump vows to hit more Iranian infrastructure as nations seek to open Hormuz
Trump says US 'hasn't even started destroying what's left in Iran'US legal experts say American strikes on Iran may be war crimesCountries explore ways to reopen Strait of HormuzIran says it is discussing with Oman a protocol for HormuzBy Kanishka Singh and Enas Alashray WASHINGTO...Reuters
3 hours ago
South Korea, France agree to deepen defence cooperation amid Middle East conflict
First French presidential state visit to South Korea since 2015France and South Korea to expand defence ties, sign deals in tech, energy, and critical mineralsMiddle East crisis overshadows trip with both countries dependent on energy importsBy Heejin Kim and Joyce Lee SEOUL, April 3 (Reuters) - ...Reuters
4 hours ago
Drones hit Kuwait's Mina al-Ahmadi refinery, fires reported, no injuries
April 3 (Reuters) - Kuwait Petroleum Corporation said its Mina al-Ahmadi refinery was hit by drones early on Friday, setting off fires at operating units, according to the state news agency, but no injuries were reported.Reuters
5 hours ago
South Korea's Lee aims to boost bilateral trade with France to $20 bln by 2030
SEOUL, April 3 (Reuters) - South Korean President Lee Jae Myung said on Friday during a visit by French President Emmanuel Macron that the two countries aimed to boost bilateral trade to $20 billion by 2030. Lee also said in an address that France and South Korea would cooperate on energy issues am...Reuters
6 hours ago
Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT
April 3 (Reuters) - The EU is assessing "all possibilities" including fuel rationing and releasing more oil from emergency reserves as it braces for a "long-lasting" energy shock from the Middle East war, the Financial Times reported on Friday in an interview with EU Energy Commissio...Reuters
6 hours ago
Trump threatens to strike Iran's bridges and electric power plants
Trump reiterates threats to attack Iranian infrastructureTrump says bridges, electric power plants in Iran will be next targetsTrump has offered shifting goals and timeline for warBy Kanishka Singh WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump warned late on Thursday about striking ...Reuters
7 hours ago
Trump threatens to strike Iran's bridges and electric power plants
WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump warned on Thursday about striking and destroying bridges and electric power plants in Iran in his latest threat to hit the country's infrastructure.The U.S. military "hasn't even started destroying what's left in Iran. Bridg...Reuters
7 hours ago
WTI trades near $104.00 after 10% surge on Trump's Iran threats
West Texas Intermediate (WTI) oil price rises over 10% after two days of losses, trading around $103.80 per barrel during the Asian hours on Friday. Crude oil prices surged as markets reassessed the scale of supply risks stemming from the ongoing conflict in the Persian Gulf.Fxstreet
7 hours ago
