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GRAINS-Soybeans corn rebound as Iran war lifts oil prices
SINGAPORE, March 30 (Reuters) - Chicago soybean and corn rose on Monday, recouping some of the previous session's losses, underpinned by higher crude oil prices as a widening U.S.-Israel conflict with Iran lifted energy markets.Wheat gained ground after closing largely unchanged in the last sess...Reuters
31 minutes ago
Gold Price Forecast: XAU/USD opens lower around $4,450 on fears of widening Iran conflicts
Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.
Fxstreet
40 minutes ago
Silver (XAG/USD) struggles near the lower end of one-week-old range, holds above $68.00
Silver (XAG/USD) attracts fresh sellers during the Asian session on Monday and slides to the lower end of a familiar trading range held over the past week or so. The white metal is currently placed above the $68.00 mark, down nearly 2.0% for the day, and seems vulnerable to slide further.
Fxstreet
42 minutes ago
ROI-Crude oil and LNG supply are at risk of the worst-possible scenario: Russell
By Clyde Russell LAUNCESTON, Australia, March 30 (Reuters) - A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied natural gas are already in the second-worst possible scenario.Everything hinges on the Strait of Hormuz. This cho...Reuters
47 minutes ago
Maersk On Security Incident At Port Of Salalah - Operations Remains Suspended With Expectation To Be On Hold For Another Up To 48 Hours
March 29 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:MAERSK ON SECURITY INCIDENT AFFECTING OPERATIONS AT PORT OF SALALAH - ALL MAERSK CREW ARE SAFE & ACCOUNTED FORMAERSK ON SECURITY INCIDENT AFFECTING OPERATIONS AT PORT OF SALALAH - NO MAERSK VESSELS OR CARGO HAVE BEEN AFFECTEDMAERSK - DAMA...Reuters
2 hours ago
US to allow Russian oil tanker to reach Cuba, New York Times reports
March 29 (Reuters) - The U.S. is allowing a Russian tanker full of crude oil to reach Cuba, the New York Times reported on Sunday, possibly granting a lifeline to the Caribbean island amid a de facto oil blockade imposed by Washington. Ship tracking data showed the Russian-flagged tanker A...Reuters
2 hours ago
Tanker carrying Russian oil enters Cuba's exclusive economic zone, ship data says
March 29 (Reuters) - A Russia-flagged tanker carrying Russian crude entered Cuba's exclusive economic zone on Sunday, according to ship tracking data, in what could be the Caribbean country's first oil import in over two months.Tanker Anatoly Kolodkin, which departed from Primorsk after load...Reuters
3 hours ago
US deep-sea mineral processing plant planned by Glomar, Australia's Cobalt Blue
Facility would initially process 200,000 metric tons per yearGoal to be online before Trump leaves officeCompanies decline to say whether in funding talks with US govtSeabed seen as mineral source; draws environmental concernBy Ernest Scheyder and Melanie Burton March 30 (Reuters) - Deep-sea mini...Reuters
3 hours ago
US to allow Russian oil tanker to reach Cuba, New York Times reports
March 29 (Reuters) - The United States is allowing a Russian tanker full of crude oil to reach Cuba, in an easing of the de facto oil blockade that Washington has imposed on Cuba, the New York Times reported on Sunday, citing a U.S. official briefed on the matter.Reuters
4 hours ago
Electricity cut in parts of Tehran after attacks on infrastructure, energy ministry says
March 29 (Reuters) - Electricity was cut in parts of the Iranian capital Tehran and in Alborz province after attacks on infrastructure, Iran's state media cited the country's ministry of energy as saying on Sunday.Shrapnel hit a part of the electricity grid in Alborz province, causing power ...Reuters
7 hours ago
Russia's Ust-Luga port damaged by more Ukrainian drones, fire under control
MOSCOW, March 29 (Reuters) - Russia's Baltic Ust-Luga port, one of its largest petroleum export hubs, was damaged again on Sunday by a Ukrainian drone attack which sparked a blaze later brought under control, Russian officials said.It followed several Ukrainian drone strikes last week on Russia’...Reuters
8 hours ago
Egypt secures Libya oil imports after war cuts off Kuwaiti flows, Bloomberg News reports
March 29 (Reuters) - Egypt is set to import at least 1 million barrels of Libyan crude oil per month to offset a halt in Kuwait oil supplies, Bloomberg News reported on Sunday, citing people familiar with the matter. Reuters could not immediately verify the report. The agreement follows a request by...Reuters
10 hours ago
Ukraine says it struck Russia's Ust-Luga port for second time in a week
KYIV, March 29 (Reuters) - Ukrainian long-range drones struck an oil terminal at Russia's Baltic port of Ust-Luga for the second time in a week, Kyiv's SBU security agency said on Sunday.It added in a statement that the strike caused "serious damage" and a fire at the port, one of Ru...Reuters
13 hours ago
Ethiopia's Ethio Engineering orders fuel-saving measures amid supply fears
NAIROBI, March 29 (Reuters) - Ethiopia's Ethio Engineering Group has asked its more than 3,000 employees to switch to virtual meetings to reduce fuel usage following government guidance to avert a full-blown energy crisis.Like other countries in the region, landlocked Ethiopia faces fuel supply ...Reuters
13 hours ago
Chevron says repairs to Wheatstone gas facility to take weeks
By Helen Clark PERTH, SYDNEY, March 29 (Reuters) - Chevron's CVX.N Wheatstone liquefied natural gas facility in Western Australia is unlikely to resume full production for several weeks as it repairs damage caused by last week's tropical cyclone, the company said on Sunday.Cyclone Narelle...Reuters
14 hours ago
Adviser to UAE president says political solution for Iran attacks should include reparations
CAIRO, March 29 (Reuters) - Anwar Gargash, the diplomatic adviser to the UAE's president, said on Sunday that any political solution addressing Iranian attacks on Gulf states should include Iranian reparations for targeting vital facilities as well as civilians. The solutions should include cle...Reuters
14 hours ago
Chevron says repairs to Wheatstone gas facility to take weeks
SYDNEY, March 29 (Reuters) - Chevron CVX.N said on Sunday it would likely take several weeks to return its Wheatstone gas facility in Australia to full production following damage to equipment by severe weather.“While damage assessments continue at both the onshore Wheatstone plant and offshore Whea...Reuters
15 hours ago
Bahrain's Alba assesses damage after Iran strikes aluminium plants
UAE's Emirates Global Aluminium also sustained damageMiddle East supplies about 9% of world's aluminiumProducers already face shipping disruption due to Iran war March 29 (Reuters) - Aluminium Bahrain ALBH.BH, which runs one of the world's largest smelters, said on Sunday it was asses...Reuters
17 hours ago
Oman says no party has claimed responsibility for attacks on its territory
March 29 (Reuters) - Oman's foreign ministry said on Sunday that it condemns attacks on its territory, adding that no party has claimed responsibility.It said authorities were investigating the attacks' "sources and motives" without providing further details or specifying any specifi...Reuters
18 hours ago
