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Israel minister alerted German counterpart first of imminent action, says German official
BERLIN, Feb 28 (Reuters) - German Foreign Minister Johann Wadephul was the first foreign minister to be informed on Saturday morning by his Israeli counterpart about the imminent start of military operations against Iran, a German foreign ministry official said on Saturday."He then began to info...Reuters
56 minutes ago
EASA tells air operators not to use airspace near military intervention
BERLIN, Feb 28 (Reuters) - The EU aviation safety agency EASA recommended on Saturday that air operators avoid operating at all flight levels and altitudes in the region of ongoing military intervention in the Middle East, following Israeli and U.S. strikes on Iran.In a safety advisory note, EASA sa...Reuters
an hour ago
INSIGHT-After El Mencho's killing, his cartel's power endures deep inside the US
Mexican drug lord's death didn't disrupt his Jalisco cartel's powerful US networksCartel launders money, buys guns, and smuggles fuel inside USAfter raid, calls grow in Mexico for US to step up drug fight at homeBy Laura Gottesdiener, Stefanie Eschenbacher and Sarah Kinosian MEXICO CI...Reuters
an hour ago
OPEC+ may consider larger oil output boost, sources say after Iran strike
Saudi Arabia and UAE have already raised exports, sources sayOPEC+ eight members were already scheduled to meet on Sunday April increase would end three-month pause in output hikesBy Olesya Astakhova and Alex Lawler LONDON/MOSCOW, Feb 28 (Reuters) - OPEC+ may consider a larger than planned outpu...Reuters
an hour ago
Greece advises Greek-flagged vessels to avoid some shipping routes after strikes on Iran
ATHENS, Feb 28 (Reuters) - Greece's shipping ministry advised Greek-flagged vessels on Saturday to exercise maximum vigilance and avoid the Persian Gulf, the Gulf of Oman and the Strait of Hormuz following strikes by the United States and Israel against Iran, according to an advisory seen by Reu...Reuters
an hour ago
Germany was informed in advance about Israel's military attacks on Iran
BERLIN, Feb 28 (Reuters) - Germany was informed in advance on Saturday morning about Israel's military strikes on Iran, a government spokesperson said, adding that Berlin was in close contact with its European partners about the situation.Reuters
an hour ago
Greece advises Greek-flagged vessels to avoid some shipping routes after strikes on Iran
ATHENS, Feb 28 (Reuters) - Greece's shipping ministry advised Greek-flagged vessels on Saturday to exercise maximum vigilance and avoid the Persian Gulf, the Gulf of Oman and the Strait of Hormuz following strikes by the United States and Israel against Iran, according to an advisory seen by Reu...Reuters
2 hours ago
Turkish Airlines cancels some Middle East flights due to airspace closures
ISTANBUL, Feb 28 (Reuters) - Turkish Airlines said on Saturday that it had cancelled flights to several Middle Eastern destinations after some countries closed their airspace.Flights to Lebanon, Syria, Iraq, Iran and Jordan are cancelled until March 2Flights to Qatar, Kuwait, Bahrain, the United Ara...Reuters
2 hours ago
OPEC+ may consider larger oil output boost, sources say after Iran strike
LONDON/MOSCOW, Feb 28 (Reuters) - OPEC+ will likely consider a larger oil output increase, two sources familiar with OPEC+ thinking said on Saturday, after the U.S. and Israel launched military strikes on Iran.Eight members of the grouping of the Organization of the Petroleum Exporting Countries an...Reuters
2 hours ago
Germany closely monitoring situation in Iran, Israel, wider region
BERLIN, Feb 28 (Reuters) - Germany is closely monitoring the situation in Iran, Israel and the wider region, the foreign ministry said on Saturday after Israel and the U.S. launched strikes against Iran, adding that the national crisis management team would meet at 12 p.m. local time (1100 GMT).The ...Reuters
2 hours ago
Lufthansa suspends flights to and from Tel Aviv, Beirut, Oman
BERLIN, Feb 28 (Reuters) - Germany's Lufthansa LHAG.DE is suspending flights to and from Tel Aviv in Israel, Beirut in Lebanon, and Oman until March 7 after Israel and the U.S. launched strikes on Iran, a company spokesperson said on Saturday. The airline is also suspending flights to and from D...Reuters
3 hours ago
OPEC+ to consider bigger hike after Iran strike, delegate says, Bloomberg News reports
Feb 28 (Reuters) - OPEC+ will discuss the possibility of a larger output increase when key members meet on Sunday, after Israel carried out airstrikes on targets in Iran, Bloomberg News reported on Saturday, citing a delegate.Reuters could not immediately verify the report.Reuters
4 hours ago
Gold, Silver and Oil Surge Together, Gold Nears $5,300 as Silver Rises for 10th Straight Month
TradingKey - Gold, silver, and oil surged collectively. Gold (XAUUSD) rose nearly 2% on the day to close at $5,280/oz, approaching $5,300. Silver (XAGUSD) recorded its tenth consecutive monthly gain, rising over 6% by the close to reach nearly $94. WTI crude oil front-month futures rose over 3% to settle at $67.29.
CIF/FOB Gulf Grain-Soy barge bids tick lower while offers rise
CHICAGO, Feb 27 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals fell on Friday, while offers rose as buyers and sellers moved further apart in subdued trade, brokers said.CIF Gulf soybean barges loaded in February were bid at 105 cents over Chicago Board of...Reuters
11 hours ago
North Dakota judge finalizes $345 million judgment against Greenpeace in pipeline case
By Nate Raymond Feb 27 (Reuters) - A North Dakota judge on Friday finalized a $345 million judgment against Greenpeace in a lawsuit pursued by pipeline company Energy Transfer ET.N over the environmental group's role in protests against the construction of the Dakota Access Pipeline.The final...Reuters
12 hours ago
Dominican Republic has over 150 million tons of rare earth deposits, president says
SANTO DOMINGO, Feb 27 (Reuters) - The Dominican Republic has identified rare earth deposits that could position the Caribbean nation as a significant future supplier of minerals critical to high-tech industries, President Luis Abinader said on Friday.Preliminary studies indicate gross deposits excee...Reuters
12 hours ago
Barclays says Brent could reach $80 a barrel on US-Iran tensions
Feb 27 (Reuters) - Barclays said Brent crude could rise to around $80 per barrel in the event of a material supply disruption, as U.S.-Iran tensions remain elevated."While it is entirely possible that an escalation does not lead to a supply disruption and the $3-5/b risk premium in oil prices fa...Reuters
13 hours ago
Brazil's Braskem Q4 resin sales volume in Brazil -8% from a year earlier
Feb 27 (Reuters) - Braskem SA BRKM3.SA:Q4 RESIN SALES VOLUME IN BRAZIL -8% FROM A YEAR EARLIERQ4 AVERAGE UTILIZATION RATE OF ITS PETROCHEMICAL PLANTS IN BRAZIL AT 59% - FILINGQ4 SALES VOLUME OF MAIN PETROCHEMICAL PRODUCTS IN BRAZIL -13% FROM A YEAR EARLIERQ4 SALES VOLUME OF POLYETHYLENE IN MEXICO +1...Reuters
14 hours ago
Canada's Taiga Q4 revenue falls on lower lumber prices
OverviewCanada building materials firm's fiscal Q4 revenue fell 8% yr/yr due to lower lumber pricesCompany reported fiscal Q4 net loss of C$9.1 mln due to impairment of U.S. subsidiaryFiscal Q4 gross margin improved to 11.5% from 10.6% last yearOutlookCompany expects performance to improve as U....Reuters
14 hours ago
