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Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions
TOKYO, June 16 (Reuters) - Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East.
Reuters
17 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 16 (Reuters) - Contract Target Support/Resistance Brent oil $75.12/$74.37res $76.79/$77.36/$78.29Palm oil (3rd month)3,962/3,998 ringgitsup 3,883/3,856 ringgitWTI* $73.70/$73.19res $75.12/$76Spot gold$3,473sup $3,429/$3,413/$3,391LME cop...Reuters
18 hours ago
EU's von der Leyen speaks with Netanyahu on Middle East unrest
June 15 (Reuters) - European Commission President Ursula von der Leyen said on Sunday that she spoke with Israel Prime Minister Benjamin Netanyahu regarding developments in the Middle East. Von der leyen in a post on X reiterated the EU's commitment to peace, stability and diplomatic efforts lea...Reuters
22 hours ago
COLUMN-Raging bulls: Funds pad historic longs in CME livestock: Braun
By Karen Braun NAPERVILLE, Illinois, June 15 (Reuters) - Speculators have held unusually bullish views in U.S. cattle futures since late last year, which was perfect timing as the domestic herd hit a 74-year low at the beginning of 2025.Since then, U.S. beef prices have hit all-time highs, yet co...Reuters
23 hours ago
Greenland thanks France for support during challenging times
COPENHAGEN, June 15 (Reuters) - Greenlandic Prime Minister Jens-Frederik Nielsen on Sunday expressed gratitude to French President Emmanuel Macron for France's strong support during a challenging time amid repeated expressions of interest from U.S. President Donald Trump in acquiring the Arctic ...Reuters
23 hours ago
EXCLUSIVE-US Export-Import Bank considers $120 million loan for Greenland rare earths project
Loan aims to reduce US reliance on China for rare earthsTanbreez project needs strategic investors for loan approvalTanbreez would be Trump administration's first overseas investment in mining projectBy Ernest Scheyder June 15 (Reuters) - Critical Metals Corp CRML.O has received a letter of i...Reuters
23 hours ago
Britain's Starmer, UAE President discuss Iran-Israel conflict
June 15 (Reuters) - British Prime Minister Keir Starmer spoke to UAE President Sheikh Mohamed bin Zayed Al Nahyan on Sunday and discussed the "grave situation" in the Iran-Israel conflict, according to a Downing Street statement."The Prime Minister reiterated that his priority is diploma...Reuters
Sun, Jun 15
Israel still has a large list of targets in Iran, military official says
June 15 (Reuters) - Israel still has a large list of targets it plans to hit in Iran, an Israeli military official on Sunday, as both nations continued to exchange missile attacks that started on Friday.He declined to say how long strikes against Iran would continue, adding the military had attacked...Reuters
Sun, Jun 15
FACTBOX-What is Israel's multi-layered defence against Iranian missiles?
June 15 (Reuters) - Israel has multi-layered air defences against attacks by Iran, which has fired hundreds of ballistic missiles and suicide drones at Israel over the past two days as the Middle East rivals traded heavy blows.Israel has been honing its air defences since coming under Iraqi Scud sal...Reuters
Sun, Jun 15
Iran’s oil ministry denies reports of incident at Isfahan refinery, state media say
DUBAI, June 15 (Reuters) - Operations at the Isfahan refinery continue without disruption, Iran's oil ministry told state media on Sunday, denying online reports of an incident or attack against the facility.Reuters
Sun, Jun 15
Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran
CAIRO, June 15 (Reuters) - Israel's Oil Refineries ORL.TA said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran, according to a regulatory filing to the Tel Aviv Stock Exchange.It said that no injuries or casualties were reported at the sites, with refini...Reuters
Sun, Jun 15
Iran does not want conflict with Israel to expand but will defend itself, foreign minister says
DUBAI, June 15 (Reuters) - Iran does not want its conflict with Israel to expand to neighbouring countries unless the situation is forced, Foreign Minister Abbas Araqchi said on Sunday, adding its response had been based on self-defence. Araqchi said Tehran had been responding to foreign aggression,...Reuters
Sun, Jun 15
Iran does not want conflict with Israel to expand but will defend itself, foreign minister says
DUBAI, June 15 (Reuters) - Iran does not want its conflict with Israel to expand to neighbouring countries unless the situation is forced, Foreign Minister Abbas Araqchi said on Sunday, adding its response had been based on self-defence.Reuters
Sun, Jun 15
Tehran oil refinery continue operations without disruption, SNN reports
DUBAI, June 15 (Reuters) - Fuel production, supply and distribution continue without disruption at the Tehran Oil Refinery, Iran's Student News Network reported on Sunday, as an overnight fire following an Israeli strike took place at a fuel tank non-related to the refinery.Reuters
Sun, Jun 15
Elon Musk's X sees partial recovery after outage hits US users, Downdetector shows
June 14 (Reuters) - Social media platform X showed signs of recovery on Saturday after an outage disrupted access for thousands of users in the United States, according to outage tracking website Downdetector.com. Reports of disruptions had dropped to around 1,041 by 7:42 p.m. ET, down from...Reuters
Sun, Jun 15
Amazon to invest $13 billion in Australia's data center infrastructure over five years
By Surbhi Misra June 14 (Reuters) - Amazon AMZN.O will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, bolstering the nation's artificial intelligence capabilities, it said in a blog post on Saturday.The inves...Reuters
Sat, Jun 14
Elon Musk's X down for thousands of US users, Downdetector shows
June 14 (Reuters) - Elon Musk's X was down for thousands of users in the U.S. on Saturday, according to outage tracking website Downdetector.com.There were more than 6,700 incidents of people reporting issues with the social media platform as of 06:07 p.m. ET, Downdetector showed, which tracks o...Reuters
Sat, Jun 14
Fire nearly out at Marathon Galveston Bay Texas Refinery, sources say
Gasoline production cut back due to resid hydrotreater fireNo injuries reported from fire, which broke out SaturdayCompany says all personnel accounted for at largest US refineryHOUSTON, June 14 (Reuters) - A fire on the resid hydrotreater (RHU) was nearly extinguished on Saturday afternoon at Marat...Reuters
Sat, Jun 14
Putin speaks to Trump, condemns Israel's strikes on Iran, Kremlin says
Kremlin aide Ushakov says Putin condemned Israeli actionUshakov also says Russia's offer stands to help with talksTrump says hostilities should end, as should Ukraine warMOSCOW, June 14 (Reuters) - Russian President Vladimir Putin spoke to U.S. President Donald Trump for 50 minutes on Saturday, ...Reuters
Sat, Jun 14
IAEA says no damage seen at Iran's Fordow or Khondab nuclear sites
June 14 (Reuters) - No damage was seen at Iran's Fordow Fuel Enrichment Plant or the Khondab heavy water reactor under construction, the U.N. nuclear watchdog said on Saturday. The International Atomic Energy Agency added that no further damage had been observed at the Natanz, the site of one...Reuters
Sat, Jun 14
Gasoline production cut at Marathon Galveston Bay Texas refinery, sources say
HOUSTON, June 14 (Reuters) - Gasoline production was cut back on Saturday at Marathon Petroleum's MPC.N 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas due to a fire on the residual hydrotreater, said people familiar with plant operations. Production was cut back on the ...Reuters
Sat, Jun 14
Fire nearly out at Marathon Galveston Bay Texas Refinery, sources say
HOUSTON, June 14 (Reuters) - A fire on the resid hydrotreater (RHU) was nearly extinguished on Saturday afternoon at Marathon Petroleum Corp's MPC.N 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, said people familiar with plant operations. No injuries were reported fro...Reuters
Sat, Jun 14
