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Iran to halt attacks if attacks against it stop, Araqchi says
April 8 (Reuters) - Iran said it would halt its attacks if attacks against it stop and that safe transit through the Strait of Hormuz would be possible for two weeks in coordination with Iranian armed forces, according to a statement by Foreign Minister Abbas Araqchi on Wednesday.Reuters
23 minutes ago
Iran says talks with U.S. to begin Friday in Islamabad
April 8 (Reuters) - Iran's Supreme Security Council said on Wednesday negotiations with the United States would begin on Friday April 10 in Islamabad after it submitted a 10-point proposal to Washington via Pakistan, Iranian state media reported, adding that talks do not signal the end of the wa...Reuters
29 minutes ago
WTI Crude crashes below $90 as Trump suspends Iran strikes, but will it last?
WTI Crude Oil plunged from above $106 to below $90 per barrel on Tuesday after President Trump announced a two-week suspension of military operations against Iran, though markets had already been selling Oil throughout the session as traders bet he would blink on his own 00:00 GMT Wednesday deadline
Fxstreet
39 minutes ago
PRECIOUS-Gold extends gains as Trump suspends attacks on Iran for two weeks
April 8 (Reuters) - Gold extended gains on Wednesday as markets reassessed near-term risks after U.S. President Donald Trump said he agreed to suspend bombing and attacks on Iran for two weeks, easing immediate escalation fears.Spot gold XAU= was up 1.3% at $4,765.59 per ounce by 2247 GMT, after ris...Reuters
40 minutes ago
Delta Air, Southwest Airlines hike checked baggage fees as jet fuel prices soar
April 7 (Reuters) - Delta Air Lines DAL.N and Southwest Airlines LUV.N said on Tuesday they would raise fees for checked bags, as carriers seek to offset soaring jet fuel costs linked to escalating tensions in the Middle East.The global aviation sector has been grappling with higher fuel prices, whi...Reuters
an hour ago
CIF/FOB Gulf Grain-Corn, soy barge bids edge higher
CHICAGO, April 7 (Reuters) - Spot basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals crept higher on Tuesday as traders awaited developments in the Iran war and the release of U.S. crop data.U.S. President Donald Trump warned Iran that "a whole civilization will die t...Reuters
an hour ago
Chicago jet fuel tops $5 a gallon, as refiner maintenance adds to war-related price surge
By Shariq Khan NEW YORK, April 7 (Reuters) - Chicago has become the most expensive U.S. jet fuel market, with prices topping $5 per gallon, as the disruptions caused by the Iran war have combined with previously scheduled refinery maintenance to leave regional supply tight. Consumers worldwide ha...Reuters
2 hours ago
GRAINS-Soybeans, corn end lower on ample supplies
Soybeans pressured by weak soymeal and soyoil futuresWheat mixed as rain forecasts prompt inter-market spreadsTraders await Iran war updates and USDA crop report for directionBy Julie Ingwersen CHICAGO, April 7 (Reuters) - U.S. soybean and corn futures retreated on Tuesday on reminders of ample s...Reuters
2 hours ago
Panama authorizes First Quantum to process stockpiled material from shuttered copper mine
No new drilling, blasting or reopening, miner saysFirst Quantum estimates 70,000 tons of recoverable copperCapital requirements estimated at $250 millionMine closed in 2023 over widespread environmental protestsBy Elida MorenoPANAMA CITY, April 7 (Reuters) - Panama's government formally approved...Reuters
3 hours ago
SLB OneSubsea, Subsea7 sign agreement with Petronas Suriname
April 7 (Reuters) - Oilfield services firm SLB SLB.N said on Tuesday that its OneSubsea unit and Luxembourg's Subsea7 have signed a strategic collaboration agreement with Petronas Suriname to support offshore subsea oil and gas developments. The partnership is aimed at supporting the development...Reuters
3 hours ago
US wheat futures end mixed as forecasts call for rains in Plains
CHICAGO, April 7 (Reuters) - U.S. wheat futures closed mixed on Tuesday, with Chicago Board of Trade soft wheat futures ending higher and Kansas City hard wheat futures drifting lower on forecasts for much-needed rain this week in portions of the U.S. Plains hard wheat belt.CBOT May soft red winter ...Reuters
3 hours ago
Levi Strauss lifts 2026 outlook after logging strong DTC sales
OverviewUS apparel maker's Q1 net revenues of $1.7 billion rose 14% on a reported basis yr/yrAdjusted net income for Q1 beat analyst expectationsCompany raised full-year 2026 outlook for revenue, margins and adjusted EPSOutlookLevi Strauss raises 2026 reported net revenue growth outlook to 5.5%-...Reuters
3 hours ago
CBOT corn ends lower on ample supplies; Iran conflict eyed
CHICAGO, April 7 (Reuters) - Chicago Board of Trade corn futures closed lower on Tuesday on technical selling and concern about plentiful U.S. and global grain supplies while brokers monitored crude oil prices amid a standoff between the U.S. and Iran over the Strait of Hormuz.CBOT May corn CK26 set...Reuters
4 hours ago
CBOT soybeans end lower, led by declines in soy product futures
CHICAGO, April 7 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday, led by declines in soymeal and soyoil futures, but strength in crude oil CLc1 underpinned the market as a standoff over the Strait of Hormuz threatened more escalation in the U.S.-Israeli war with Iran.CBOT M...Reuters
4 hours ago
Trump aware of Pakistani proposal and will respond, White House says
WASHINGTON, April 7 (Reuters) - U.S. President Donald Trump is aware of Pakistan's proposal for a two-week extension to a deadline he imposed on Iran, and a response will come, White House press secretary Karoline Leavitt said on Tuesday."The President has been made aware of the proposal, an...Reuters
4 hours ago
Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
Hormuz closure creates very tight market for oil delivered soon, analysts sayNorth Sea Forties crude reaches record high outright price, LSEG data showsPanic over supplies is driving physical prices higher, expert saysBy Alex Lawler LONDON, April 7 - European and Asian refiners are paying record ...Reuters
4 hours ago
