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Iran struck Saudi Arabia oil pipeline just hours after ceasefire, source says
East-West Pipeline carries Saudi crude to Red Sea port of YanbuNo immediate detail on damage, impact on operationsIRGC said it attacked US oil facilities in YanbuBy Yousef Saba and Maha El Dahan April 8 (Reuters) - Iran attacked Saudi Arabia's East-West Pipeline just hours after a ceasefire w...Reuters
2 minutes ago
PRECIOUS-Gold hits nearly three-week high after US-Iran ceasefire
Spot gold up 1.6%Oil tumbles below $100 a barrel Minutes of Fed's March meeting due to be released at 2 p.m. EDT Silver, platinum up nearly 5%By Ashitha Shivaprasad April 8 (Reuters) - Gold scaled nearly a three‑week peak on Wednesday, as the U.S. dollar and oil prices fell after Washington a...Reuters
12 minutes ago
Iran threatens ships attempting Hormuz transit without permission, shipping sources say
LONDON, April 8 (Reuters) - The Iranian navy threatened ships attempting to pass through the Strait of Hormuz without Tehran's permission with destruction, adding that transit through the waterway remained shut, according to several shipping sources. "Any vessel trying to travel into the sea...Reuters
19 minutes ago
WRAPUP 9-Relief at truce gives way to alarm as Israel pounds Lebanon and Iran hits neighbours
Trump says Iran proposal is basis for negotiationUS has not confirmed plan for Friday in-person talksIsraeli attacks on Lebanon the biggest yetIran continues to strike its Gulf neighboursIran describes deal as victory over TrumpBy Steve Holland, Parisa Hafezi, Alexander Cornwell and Maya Gebeily ...Reuters
32 minutes ago
Germany's Merz speaks with Trump after Iran ceasefire, sources says
BERLIN, April 8 (Reuters) - German Chancellor Friedrich Merz spoke with U.S. President Donald Trump by telephone on Wednesday afternoon after the latter's ceasefire with Iran, two German government source told Reuters. According to Germany's Bild newspaper, which first reported the call, the...Reuters
34 minutes ago
Germany's Merz speaks with Trump after Iran ceasefire, Bild reports
BERLIN, April 8 (Reuters) - German Chancellor Friedrich Merz spoke with U.S. President Donald Trump by telephone on Wednesday afternoon after the latter's ceasefire with Iran, Germany's Bild newspaper reported, citing German government sources.Reuters
48 minutes ago
Automakers did not strongly seek aluminium tariff relief, White House official says
April 8 (Reuters) - Ford Motor F.N and other U.S. automakers have not made a strong request for relief from aluminium tariffs despite supply disruptions caused by fires at a key supplier, a White House official said on Wednesday. "While Ford and other automakers have raised supply concerns...Reuters
51 minutes ago
Gold: High carry costs now, $5,000 target later – TD Securities
TD Securities strategists argue that higher energy-linked inflation and delayed Fed cuts keep the opportunity cost of holding Gold elevated in the near term. They also flag the lack of Middle East capital as a downside catalyst.
Fxstreet
53 minutes ago
US military says it's ready to resume fighting if diplomacy fails
By Idrees Ali and Phil StewartWASHINGTON, April 8 (Reuters) - The top U.S. general said on Wednesday U.S. troops stood ready to resume fighting if Tehran failed to strike a negotiated settlement as the Trump administration sought to portray the war as a decisive victory against Iran. "We hope th...Reuters
56 minutes ago
Oil tumbles 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 Ahmad Ghaddar and Robert Harvey LONDON, April 8 (Reuters) - Oil tumbled below $100 a barrel on Wednesday after...Reuters
57 minutes ago
QatarEnergy preparing for LNG production startup, source with knowledge of the matter says
April 8 (Reuters) - QatarEnergy is preparing to restart liquefied natural gas (LNG) production, a source with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.Reuters
58 minutes ago
CBOT Trends-Wheat down 17-20 cents, corn down 4-7, soybeans down 1-4
CHICAGO, April 8 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday: WHEAT - Down 17 to 20 cents per bushel Wheat sharply lower as tumbling crude oil prices triggered long liqu...Reuters
an hour ago
IEA chief warns of European aviation disruptions if Strait of Hurmuz doesn't open
FRANKFURT, April 8 (Reuters) - The executive director of the International Energy Agency, Fatih Birol, told German paper Sueddeutsche Zeitung on Wednesday that there could be disruptions in European air traffic from mid-May because of jet fuel shortages if the Strait of Hurmuz is not fully reopened.Reuters
an hour ago
RPT-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
an hour ago
PRECIOUS-Gold climbs to near three-week high after US, Iran agree to ceasefire
Oil prices fall below $100-markUS dollar at lowest level in a monthIran agrees to ceasefire hours before Trump's deadlineNegotiations to begin on April 10 in Islamabad, Iran saysBy Ishaan Arora April 8 (Reuters) - Gold rose to a near three-week high on Wednesday as oil prices and the dollar f...Reuters
an hour ago
US natgas drops to seven-month low on Iran war ceasefire
Waha Hub prices remain negative for record 43 days due to Permian pipeline constraintsMild weather and rising output boost storage to 5% above normal, LSEG and analysts reportU.S. LNG exports hit record highs as global disruptions tighten supply, especially after Iran conflictBy Scott DiSavino NE...Reuters
an hour ago
Iranian Oil Refining Company confirms attack on Lavan refinery, Shana reports
DUBAI, April 8 (Reuters) - An oil refinery on Iran's Lavan Island was targeted in an "enemy attack" on Wednesday, which caused no casualties, the National Iranian Oil Refining and Distribution Company said, according to the Oil Ministry's news outlet, Shana. The company said the faci...Reuters
2 hours ago
