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Iranian strikes pose ‘existential threat’, Gulf states tell UN
UN rights chief says civilian attacks may be war crimesIran claims 1,500 civilian deaths from U.S.-Israeli strikesGulf states denounce attacks on energy and airports By Emma Farge GENEVA, March 25 (Reuters) - Gulf Arab states told the U.N. Human Rights Council on Wednesday they face an existentia...Reuters
8 minutes ago
Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul
JV says Afeela unviable after Honda scaled back EV plansSony is latest tech firm to abandon an EV project Honda, Sony say move will not materially affect financialsBy Daniel Leussink and Kantaro Komiya TOKYO, March 25 (Reuters) - Sony Honda Mobility, the joint venture between Japanese electronic...Reuters
10 minutes ago
KNOT Offshore Q4 revenue beats estimates on higher fleet utilization
OverviewShuttle tanker operator's Q4 revenue rose, beating analyst expectationsCompany posted Q4 net loss after $20.3 mln non-cash impairment on Bodil KnutsenCompany completed $3 mln unit buyback program during the periodOutlookCompany has secured 98% charter coverage for H1 2026, 88% for H2 202...Reuters
35 minutes ago
Germany unveils climate plan to cut emissions, fossil fuels
BERLIN, March 25 (Reuters) - Germany set out plans on Wednesday to help it meet 2030 climate targets and reduce its dependence on volatile fossil fuel imports, making 8 billion euros ($9.28 billion) available to implement the measures. Although the long-awaited 67-point programme is primarily a resp...Reuters
45 minutes ago
Oil falls as reports of 15-point proposal spurs ceasefire hopes
Trump cites progress with Iran, US proposes plan to end war Iran tells UN 'non-hostile' ships can transit Strait of HormuzSaudi hikes Yanbu exports to work around Hormuz halt, data showsBy Seher Dareen and Yuka Obayashi LONDON, March 25 (Reuters) - Oil prices sank about 5% on Wednesday af...Reuters
51 minutes ago
METALS-Copper stabilises on firmer demand, talk of Iran ceasefire
By Eric Onstad LONDON, March 25 (Reuters) - Copper prices bounced on Wednesday after reports the U.S. was seeking a ceasefire in the Iran war and due to firmer Chinese demand, but the market was wary after Tehran denied there were any negotiations. Benchmark three-month copper CMCU3 on the Londo...Reuters
53 minutes ago
PRECIOUS-Gold jumps 2% as falling oil prices ease inflation concerns
Gold rebounds from four-month low hit on MondayOil prices sink over 5% on Middle East ceasefire prospectsIran's military rejects Trump's talk of negotiationBy Ishaan Arora March 25 (Reuters) - Gold prices climbed 2% on Wednesday, as falling oil prices eased some inflation concerns and dam...Reuters
an hour ago
Russia says it supplies fuel to Cuba as humanitarian aid
MOSCOW, March 25 (Reuters) - Russian Energy Minister Sergei Tsivilev said on Wednesday that Russia was supplying fuel to Cuba as humanitarian aid.Tsivilev, who was speaking to reporters on the sidelines of the ministry's conference, did not elaborate further.The U.S. Treasury Department on Thurs...Reuters
an hour ago
Hungary to curb gas flows to Ukraine until Druzhba oil flows resume, Orban says
Hungary to halt gas flows until Druzhba oil flow resumesBudapest and Bratislava blame Kyiv for Druzhba pipeline outageUkraine says Russian drone damage caused outage, repairs ongoing BUDAPEST, March 25 (Reuters) - Hungary will gradually stop sending natural gas to Ukraine until crude oil flows on...Reuters
an hour ago
Russia's Baltic ports halt oil loadings after massive Ukrainian drone attack, sources say
Attacks among the largest on oil export facilities in RussiaPorts had briefly resumed exports after earlier strikes but shut again WednesdayFires reported at Ust-Luga, black smoke seen over the Gulf of Finland MOSCOW, March 25 (Reuters) - Russia's Baltic ports of Primorsk and Ust-Luga, major ...Reuters
2 hours ago
FOCUS-US researchers bet on hybrid, GMO seeds to make wheat profitable again
Hybrid wheat promises higher yields amid declining US wheat plantingUS wheat loses export dominance, faces shrinking domestic demandGMO wheat faces regulatory hurdles, potential market resistanceBy Julie Ingwersen MANHATTAN, Kansas, March 25 (Reuters) - Inside a locked chamber the size of a walk-...Reuters
2 hours ago
EXCLUSIVE-US ramps up fuel exports to Cuba's private sector
US shipped about 30,000 barrels so far this yearFuel flows only to private sector under US rulesTrump administration has strict blockade on oil supplies to Cuban governmentBy Dave Sherwood and Marianna Parraga HAVANA/HOUSTON, March 25 (Reuters) - U.S. suppliers have shipped approximately 30,000 ...Reuters
2 hours ago
FOCUS-Delta Air Lines' refinery bet looks more valuable in jet fuel squeeze
Delta's refinery ownership mitigates rising jet fuel costsJet fuel prices rise faster than crude oilOther airlines face higher costs, explore different fuel optionsBy Rajesh Kumar Singh CHICAGO, March 25 (Reuters) - When Delta Air Lines DAL.N bought an aging refinery outside Philadelphia in 2...Reuters
2 hours ago
Turkey's Middle East oil dependence at 10%, no supply disruption, says minister
ISTANBUL, March 25 (Reuters) - Turkey's dependence on Middle East oil is at a "manageable" 10% of total supplies and there are no supply problems despite the war involving Iran, Energy Minister Alparslan Bayraktar said on Wednesday.The war has caused a crisis in global energy security, h...Reuters
2 hours ago
RPT-ANALYSIS-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
Gulf states told US that strikes on Iran’s grids would spark retaliation Iran refused to reopen Hormuz, sent oil higher, markets tumbling Iran warned Gulf of harsh reprisal if its power grids were hit Regional officials worry Trump misjudged Iranian resilienceBy Samia Nakhoul DUBAI, March 24 (Re...Reuters
2 hours ago
Rosatom says situation at Iran's Bushehr nuclear plant unfolding under worst-case scenario
MOSCOW, March 25 (Reuters) - The situation at Iran's Bushehr nuclear power plant continues to develop along a worst-case scenario, the head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, said on Wednesday.The International Atomic Energy Agency on Tuesday said it had been in...Reuters
2 hours ago
Hungary to stop gas flows to Ukraine until Druzhba restarts, Orban says
BUDAPEST, March 25 (Reuters) - Hungary will stop gas flows to Ukraine until oil flows on the Druzhba pipeline resume, Prime Minister Viktor Orban said on Wednesday."We are gradually halting gas deliveries from Hungary to Ukraine, and will store the gas that remains with us in Hungary," Orban...Reuters
2 hours ago
Sony Honda Mobility cancels EV development, to refund early buyers
TOKYO, March 25 (Reuters) - Sony Honda Mobility, the joint venture between Japanese electronics giant Sony 6758.T and carmaker Honda 7267.T, said on Wednesday it would discontinue the development of the Afeela electric vehicles.Given Honda's overhaul of its EV business announced earlier this mon...Reuters
2 hours ago
