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Silver rises sharply on safe-haven demand amid trade, geopolitical risks
Silver (XAG/USD) accelerates on Wednesday and trades around $90.70 at the time of writing, up 3.90% on the day. The white metal benefits from an environment marked by rising trade and geopolitical uncertainties, which revives demand for safe-haven assets.
Fxstreet
16 minutes ago
Reuters Gulf Currents-Hormuz tension jolts tanker rates
Andrew Mills, deputy bureau chief, Gulf All eyes in the Gulf now shift to Geneva, where the U.S. and Iran meet again on Thursday. The region is waiting to see whether the talks deliver deescalation or open the door to a U.S. strike on Iran. As anxiety builds, this week’s newsletter tracks spir...Reuters
19 minutes ago
Spain's Naturgy sold renewable portfolio in US, annual report shows
MADRID, Feb 25 (Reuters) - Spanish power utility Naturgy NTGY.MC has sold a portfolio of early-stage solar and battery storage development projects in the United States, according to its annual report.The document does not disclose the buyer nor the value of the sale, and a spokesperson declined to ...Reuters
21 minutes ago
CBOT Trends-Wheat down 3-5 cents, corn steady-down 1, soybeans steady-up 2
CHICAGO, Feb 25 (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. CST (1430 GMT) on Wednesday: WHEAT - Down 3 to 5 cents per bushelCBOT wheat fell as forecasts showed more favorable weather conditions in...Reuters
21 minutes ago
EXCLUSIVE-Saudi Arabia boosts oil output, exports for US attack on Iran contingency, sources say
Last year Saudi oil exports rose 500,000 bpd amid US strikesKingdom will dial back on the plan if no disruption happensUS assembles large military force in the Middle East By Dmitry Zhdannikov LONDON, Feb 25 (Reuters) - Saudi Arabia is increasing its oil production and exports as part of a contin...Reuters
27 minutes ago
Uranium explorer Eagle Nuclear Energy to go public after blank check merger
By Katha Kalia Feb 25 (Reuters) - Uranium exploration company Eagle Nuclear Energy will begin trading on Nasdaq on Wednesday, following its merger with the blank-check firm, Spring Valley Acquisition Corp II SVIIF.PK.The listing on Nasdaq comes as nuclear energy in the U.S. gains traction after ...Reuters
an hour ago
Saipem poised to return in Venezuela after U.S. sanctions easing
By Francesca Landini MILAN, Feb 25 (Reuters) - Italian oil contractor Saipem SPMI.MI is ready to resume activities in Venezuela after the easing of U.S. sanctions as it expects demand emerging from oil majors later this year, Chief Executive Alessandro Puliti said on Wednesday."Things in Ven...Reuters
an hour ago
Russian government considering fuel support for Cuba, Novak says
MOSCOW, Feb 25 (Reuters) - Russia's government is discussing proposals on possible fuel support for Cuba, Russian state agency RIA reported on Wednesday, citing Deputy Prime Minister Alexander Novak.The Russian foreign ministry said on February 13 that Moscow would provide Cuba with help, in...Reuters
an hour ago
Oil hovers near seven-month highs ahead of US-Iran talks
US-Iran talks could prevent conflict and supply disruption Deal with US hinges on diplomacy, Iranian minister saysUS oil stocks rise and gasoline inventories fall, API data showsBy Stephanie Kelly LONDON, Feb 25 (Reuters) - Oil prices held near seven-month highs on Wednesday as investors weighed ...Reuters
an hour ago
OPEC+ to consider 137,000 bpd oil output increase for April, sources say
Eight OPEC+ members meet on March 1OPEC+ has paused increases for first quarter of 2026Brent crude price near highest since JulyMOSCOW/LONDON, Feb 24 (Reuters) - OPEC+ will likely consider raising its oil output by 137,000 barrels per day for April to end a three-month pause in production increases...Reuters
2 hours ago
RPT-ROI-Congo's cobalt curbs expose China's critical metals weak spot: Andy Home
By Andy Home LONDON, Feb 25 (Reuters) - China's dominance of critical mineral supply chains is not as absolute as it may appear. Cobalt is a case in point. China accounted for 78% of global refined output of the battery metal in 2024, according to the International Energy Agency. But it lacks...Reuters
2 hours ago
Germany urges Iran to engage constructively in Geneva nuclear talks
BERLIN, Feb 25 (Reuters) - Germany is urging Iran to stop seeking nuclear weapons, to restrict its ballistic missile programme and to cease destabilising the wider region, a foreign office spokesperson said on Wednesday, ahead of fresh nuclear talks in Geneva. "We expect Iran to seize t...Reuters
2 hours ago
Saudi Arabia readies oil output surge if US attacks Iran - sources
LONDON, Feb 25 (Reuters) - Saudi Arabia has a plan ready to increase short-term oil output and exports if any U.S. strike on Iran disrupts oil flows from the Middle East, two sources familiar with the plan said.The Saudi government media office did not immediately respond to a request for comment on...Reuters
2 hours ago
Canada's Amerigo Q4 revenue rises on higher copper prices
OverviewCanada copper producer's Q4 revenue rose yr/yrCompany declared 18th quarterly dividend of Cdn$0.04 per shareCompany returned $20.4 mln to shareholders in 2025OutlookAmerigo expects copper prices to remain high due to strong market fundamentalsCompany plans to continue its Capital Return ...Reuters
2 hours ago
Iraq's West Qurna 2 oilfield poised for output surge with Chevron, minister says
Chevron takeover could double West Qurna 2 output to 800,000 bpdIraq aims to boost capacity above 6 million bpd by 2029Deal follows pacts with Exxon, BP and TotalEnergies Feb 25 (Reuters) - Iraq could nearly double its output from the West Qurna 2 oilfield to 800,000 barrels per day (bpd) as Chev...Reuters
2 hours ago
US-UK tech deal cautiously restarts with focus on nuclear projects, FT reports
Feb 25 (Reuters) - The U.S. and Britain have tentatively restarted work on their multi-billion-pound "tech prosperity deal", which was paused last year after President Donald Trump piled pressure on the UK to cede ground in wider trade talks, the Financial Times reported on Wednesday.Senior ...Reuters
3 hours ago
Gold consolidates as investors weigh US tariffs, Iran talks and Fed outlook
Gold (XAU/USD) struggles for direction on Wednesday, easing slightly after trimming part of the previous day’s losses. Although the downside appears limited, as fresh uncertainty over US trade policy and lingering geopolitical tensions in the Middle East continue to underpin safe-haven demand.
Fxstreet
3 hours ago
