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US, Iran to Start Negotiations in Islamabad Friday, Whether Ceasefire Can Continue Remains Uncertain
TradingKey - US-Iran negotiations regarding a ceasefire and the Strait of Hormuz have been put on the agenda following Trump’s announcement of a two-week suspension of bombing on Iran.
TradingKey
an hour ago
Copper Climbs to Three-week High as Us-iran Ceasefire Eases Global Slowdown Fears
April 8 (Reuters) - Copper prices rose to three-week highs on Wednesday after U.S. President Donald Trump agreed to a two-week ceasefire with Iran, sending oil prices sharply lower and easing fears of a global economic slowdown.Benchmark three-month copper CMCU3 on the London Metal Exchange rose 2.6Reuters
3 hours ago
Oil slides below $100, stocks soar as Trump agrees to two-week ceasefire
Oil prices dived, stocks surged and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief rally, fuelled by hopes that oil and gas flows through the Strait of Hormuz could resume.Reuters
3 hours ago
Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Up 5.1% In March YoY
April 8 (Reuters) - Oil Logistics Company Exolum:SAID ON TUESDAY OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS INCREASED BY 5.1% IN MARCH YEAR ON YEARReuters
2 minutes ago
US President Donald Trump says 'big day for world peace' as attacks paused
US President Donald Trump said on a Truth Social post that Tuesday was “a big day for world peace.” Trump added that the US will be “helping with the traffic buildup” in the Strait of Hormuz and that “big money will be made” as Iran begins reconstruction.Fxstreet
18 minutes ago
WRAPUP 2-Trump agrees to two-week ceasefire, Iran says safe passage through Hormuz possible
Trump says Iran proposal is basis for negotiationIran describes deal as victory over TrumpSeveral Gulf countries report Iran missile and drone attacksTrump's earlier threat draws international condemnationBy Steve Holland, Parisa Hafezi, Enas Alashray, Ahmed Tolba and Jasper Ward WASHINGTON/D...Reuters
23 minutes ago
Trump says US will help with traffic buildup in Strait of Hormuz
April 8 (Reuters) - U.S. President Donald Trump said on Wednesday the United States will help with the buildup of shipping traffic in the Strait of Hormuz. Trump on Tuesday agreed to a two-week ceasefire with Iran less than two hours before his deadline for Tehran to reopen the strait or face attack...Reuters
43 minutes ago
China's teapots seek Iranian oil after prices fall, sources say
SINGAPORE, April 8 (Reuters) - Some Chinese independent refiners, armed with fresh import quotas from Beijing, have begun seeking prompt cargoes of Iranian crude after oil prices slumped on Wednesday, three trade sources said.Brent crude futures LCOc1 dropped below $100 per barrel on Wednesday to th...Reuters
53 minutes ago
WRAPUP 1-Trump agrees to two-week ceasefire, Iran says safe passage through Hormuz possible
Trump says Iran proposal is basis for negotiationIran describes deal as victory over TrumpSeveral Gulf countries report Iran missile and drone attacksTrump's earlier threat draws international condemnationBy Steve Holland, Parisa Hafezi, Enas Alashray, Ahmed Tolba and Jasper Ward WASHINGTON/D...Reuters
58 minutes ago
CK Hutchison's Panama unit files arbitration against Maersk over ports takeover
PANAMA CITY, April 7 (Reuters) - Hong Kong-based conglomerate CK Hutchison's 0001.HK Panama unit has launched an arbitration against Maersk MAERSKb.CO after the takeover of two strategic ports near the Panama Canal at the center of a legal battle that has embroiled Beijing and Washington.Panama ...Reuters
an hour ago
Israel backs Trump's two-week pause on Iran strikes, says Lebanon excluded
By Enas Alashray and Ahmed Tolba April 8 (Reuters) - Israel supports U.S. President Donald Trump's decision to suspend strikes against Iran for two weeks, but the ceasefire does not include Lebanon, Prime Minister Benjamin Netanyahu's office said on Wednesday.The premier's office said...Reuters
an hour ago
VEGOILS-Palm falls more than 3% as crude oil slumps on US-Iran ceasefire
KUALA LUMPUR, April 8 (Reuters) - Malaysian palm oil futures fell more than 3% on Wednesday as crude oil prices plunged following a U.S-Iran ceasefire deal, while weaker rival edible oils also weighed on the market.The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Deriva...Reuters
an hour ago
Gold eases from three-week top, holds near $4,800 as US-Iran ceasefire pressures USD
Gold (XAU/USD) builds on the previous day's bounce from the $4,600 neighborhood and scales higher for the second straight day, hitting a nearly three-week peak during the Asian session on Wednesday.Fxstreet
2 hours ago
Australia PM Albanese criticises Trump's rhetoric while welcoming ceasefire
By Alasdair Pal SYDNEY, April 8 (Reuters) - Australian Prime Minister Anthony Albanese on Wednesday welcomed a ceasefire in the Middle East struck between the U.S., Israel and Iran, while criticising the rhetoric of President Donald Trump.Trump agreed to a two-week ceasefire less than two hours b...Reuters
2 hours ago
ROI-Iran war ceasefire pushes energy markets into twilight zone: Bousso
By Ron Bousso LONDON, April 8 (Reuters) - A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world's worst ever energy crisis, but hopes the truce will quickly restore normal oil and gas flows from the Middle East are almost certainly misplaced.U.S. Pres...Reuters
2 hours ago
Oil slides below $100 after Trump announces two-week ceasefire
Iran says it will open up Strait of Hormuz for two weeks if attacks stopTrump says Iran has offered a 10-point peace proposal Uncertainties still create room for geopolitical premium By Helen Clark and Jeslyn Lerh SINGAPORE, April 8 (Reuters) - Oil fell below $100 per barrel on Wednesday after U...Reuters
2 hours ago
GRAINS-Wheat slides 3%; corn, soybeans fall as Trump announces ceasefire
Wheat at two-week low, corn falls 1%, soybeans downDeep losses in oil market after Trump's ceasefire announcementWheat prices face bigger drop on improved supply prospectsBy Naveen Thukral SINGAPORE, April 8 (Reuters) - Chicago wheat futures fell almost 3% on Wednesday, while corn lost around...Reuters
2 hours ago
