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WRAPUP 9-US, Iran study ceasefire plan as Trump's 'hell' warning nears deadline
Peace proposal sees comprehensive agreement within 15-20 days, source saysTrump threatens further strikes, sets Tuesday deadline for deal and Strait of Hormuz reopeningIran rejects immediate reopening of Strait, claims lack of U.S. readiness for permanent ceasefireRegional violence continues, with h...Reuters
a minute ago
China's Xi urges faster development of new energy system as Middle East war continues
Xi urges safeguards for China's energy securityThe Party Central Committee has advanced the new energy security strategy in depth, says XiChina must stay committed to low-carbon development, he addsBy Liz Lee and Claire Fu BEIJING, April 6 (Reuters) - Chinese President Xi Jinping has called f...Reuters
8 minutes ago
Russia says Ukraine damaged CPC mooring point, set reservoirs ablaze in Novorossiysk strike
MOSCOW, April 6 (Reuters) - Russia's defence ministry said on Monday that Ukraine attacked facilities at the maritime transhipment complex in the port of Novorossiysk overnight, damaging a mooring point for the Caspian Pipeline Consortium and causing four oil product reservoirs to catch fire, Ru...Reuters
14 minutes ago
Iran's Marvdasht Petrochemical complex attacked by US and Israel, Iranian state media says
April 6 (Reuters) - Iran's Marvdasht petrochemical complex was attacked by the United States and Israel, Iran's state media reported on Monday, the second incident targeting petrochemical sites in last 24 hours. State media said the fire caused by the attack was under control and there was n...Reuters
17 minutes ago
PRECIOUS-Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns
Iran formulates demands in response to ceasefire proposalUS, Iran receive framework of a deal for potential ceasefireMany European markets closed for Easter MondayBy Ishaan Arora April 6 (Reuters) - Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the imp...Reuters
58 minutes ago
Gold edges higher as US-Iran ceasefire talks lift market sentiment
Gold (XAU/USD) edges higher on Monday as the US Dollar (USD) softens amid improving market sentiment, with traders reacting to fresh diplomatic developments aimed at ending the US-Iran war. At the time of writing, XAU/USD is trading around $4,691, rebounding from an intraday low near $4,600.
Fxstreet
an hour ago
Europe gas underprices Hormuz disruption risk, China demand masks impact, Goldman says
April 6 (Reuters) - European gas prices may be underestimating the risks from ongoing Liquefied Natural Gas (LNG) supply disruptions through the Strait of Hormuz, with resilient imports and weak Asian demand masking the impact for now, Goldman Sachs said in a note dated April 2.European natural gas ...Reuters
an hour ago
Israel strikes Iran's petrochemical complex at Asaluyeh, defence minister says
April 6 (Reuters) - Israel struck Iran's largest petrochemical complex at Asaluyeh on Monday, defence minister Israel Katz said, in what he described as a severe economic blow to Tehran. Several explosions were heard at Iran's South Pars Petrochemical complex in Asaluyeh, Fars news agency re...Reuters
2 hours ago
CORRECTED-PRECIOUS-Gold slips as raging Iran war, strong US jobs data lift dollar
US labour market posts largest jobs gain in 15 monthsTrump threatens "hell" for Tehran if Strait of Hormuz not reopenedMany Asian, European markets closed for holidayBy Pablo Sinha April 6 (Reuters) - Gold prices slipped on Monday as a firmer U.S. dollar, buoyed by a strong U.S. jobs rep...Reuters
2 hours ago
CORRECTED-PRECIOUS-Gold falls as Iran war, robust US jobs data dim Fed rate-cut hopes
US labour market posts largest jobs gain in 15 monthsTrump threatens "hell" for Tehran if Strait of Hormuz not reopenedMany Asian, European countries closed for holidayBy Pablo Sinha April 6 (Reuters) - Gold prices fell on Monday, pressured by a stronger dollar as elevated oil prices on ...Reuters
2 hours ago
Oil prices fall after US and Iran receive framework ceasefire proposal
Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternativesTrump threatens further action if Strait remains closedIran allows passage for select vesselsOPEC+ agrees modest output rise, war limits actual increasesRussian supply also disrupted LONDON, April 6 (Reuters) - O...Reuters
2 hours ago
CORRECTED-PRECIOUS-Gold falls as Iran war, robust US jobs data dim Fed rate-cut hopes
US labour market posts largest jobs gain in 15 monthsTrump threatens "hell" for Tehran if Strait of Hormuz not reopenedMany Asian, European countries closed for holidayBy Pablo Sinha April 6 (Reuters) - Gold prices fell on Monday, pressured by a stronger dollar as elevated oil prices on ...Reuters
2 hours ago
CORRECTED-PRECIOUS-Gold falls on firm dollar, fading Fed rate-cut hopes
April 6 (Reuters) - Gold prices fell more than 1% on Monday, pressured by a stronger dollar and fading hopes of U.S. Federal Reserve interest rate cuts.FUNDAMENTALSSpot gold XAU= fell 1.2% to $4,620.68 per ounce by 0047 GMT. U.S. gold futures GCcv1 for June delivery lost 0.7% to $4,647.10.The 10-yea...Reuters
2 hours ago
Kraig Biocraft Laboratories Shatters Production Record, Delivering Over 1.3 Metric Tons Of Spider Silk Cocoons In A Single Month, A 5X Increase Over Previous High
April 6 (Reuters) - Kraig Biocraft Laboratories Inc KBLB.PK:KRAIG BIOCRAFT LABORATORIES SHATTERS PRODUCTION RECORD, DELIVERING OVER 1.3 METRIC TONS OF SPIDER SILK COCOONS IN A SINGLE MONTH, A 5X INCREASE OVER PREVIOUS HIGHReuters
2 hours ago
IAEA confirms impact of recent strikes near Iran's Bushehr nuclear power plant
April 6 (Reuters) - The International Atomic Energy Agency on Monday said it can confirm recent impacts of military strikes close to Iran's Bushehr nuclear power plant, but said that the plant itself was not damaged. The UN atomic watchdog said that the confirmation was based on its independen...Reuters
2 hours ago
PRECIOUS-Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns
Iran formulates demands in response to ceasefire proposalUS, Iran receive framework of a deal for potential ceasefireMany European markets closed for Easter MondayBy Ishaan Arora April 6 (Reuters) - Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the imp...Reuters
2 hours ago
Japan to boost intermediate chemical imports amid tighter naphtha supply
TOKYO, April 6 (Reuters) - Japan plans to increase import of intermediate chemical products, such as plastics, as it faces tighter naphtha supplies due to the ongoing U.S.-Israeli war with Iran, a senior official at the industry ministry said on Monday. About 40% of domestic naphtha consumption is m...Reuters
3 hours ago
Kremlin says 'highly likely' that Ukraine planted explosives near Hungary-bound gas pipeline
MOSCOW, April 6 (Reuters) - The Kremlin said on Monday that while there was not yet conclusive evidence it was highly likely that proof would be found showing Ukraine had planted explosives found near a gas pipeline in Serbia which carries Russian gas to Hungary.Hungarian Prime Minister Viktor Orban...Reuters
3 hours ago
