News
Important Only
Russia warns Iran war could spur nuclear weapon race in broader Middle East
MOSCOW, March 3 (Reuters) - Russian Foreign Minister Sergei Lavrov warned on Tuesday that the war launched by the U.S. and Israel against Iran could prompt not only Iran but also its Arab neighbours to seek to acquire nuclear weapons.The widening war in the Middle East increased the risk that nuclea...Reuters
10 minutes ago
Saudi Arabia condemns Iran attack on US embassy in Riyadh, reserves right to respond
DUBAI, March 3 (Reuters) - Saudi Arabia condemned on Tuesday an Iranian attack targeting the U.S. embassy in Riyadh, and stressed it reserved the right to respond, a foreign ministry statement said. The kingdom reaffirmed its full right to take all necessary measures to defend its security and vital...Reuters
11 minutes ago
Oil: Supply shock risk grows with Hormuz shutdown – Danske Bank
Danske Research Team highlights severe disruption to Oil and gas markets as conflict involving the United States, Israel and Iran escalates. Shipping through the Strait of Hormuz has stalled, stranding significant volumes and driving freight rates sharply higher.
Fxstreet
16 minutes ago
Putin will convey Arab concerns to Iran about attacks on oil infrastructure, the Kremlin says
MOSCOW, March 3 (Reuters) - Russian President Vladimir Putin will convey to Iran concerns among Arab leaders about strikes on oil infrastructure in the region, the Kremlin said on Tuesday.Putin, the Kremlin said, would do his best to defuse tensions in the region.Reuters
32 minutes ago
Oil rises as expanding US-Israel war with Iran heightens supply risks
Brent, WTI gain more than $2-$3 per barrel Vessels continue avoiding Strait of Hormuz, as freight rates soar Analysts see oil prices remaining elevated over coming days By Anushree Mukherjee and Emily Chow SINGAPORE, March 3 (Reuters) - Brent rose more than $3 on Tuesday for a third day of gains ...Reuters
34 minutes ago
PRECIOUS-Gold falls as strong dollar counters flight to safety
Dollar hits more than one-month highIran threatens to fire on ships crossing Strait of HormuzMarket focused on inflationary risks, analyst says Silver, platinum and palladium all fall sharplyBy Noel John March 3 (Reuters) - Spot gold prices fell on Tuesday as a stronger dollar offset safe-haven d...Reuters
47 minutes ago
Russia asks: where is the evidence Iran planned to build nuclear weapons?
MOSCOW, March 3 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow had still not seen any evidence that Iran was developing nuclear weapons, amid what he said was "essentially a war" ongoing in the Middle East.Reuters
52 minutes ago
Oil output at Kazakhstan's Tengiz fell by a third in early March, sources say
Production dropped to 415,000 bpd from 590,000 bpd in FebruaryExport flows slowed due to disruptions at the CPC terminalDrone attacks and stormy weather have interrupted exportsField is still recovering from January's power‑equipment fire MOSCOW, March 3 (Reuters) - Production at Kazakhstan&...Reuters
an hour ago
PRECIOUS-Gold edges lower as strong dollar counters flight to safety
Dollar hits more than one-month highIran threatens to fire on ships crossing Strait of HormuzMarket focused on inflationary risks, analyst says Silver, platinum and palladium fall more than 4%By Noel John March 3 (Reuters) - Spot gold prices ticked lower on Tuesday as a stronger dollar offset saf...Reuters
an hour ago
Indian basmati held up at ports and in transit as Iran war halts new deals
By Rajendra Jadhav MUMBAI, March 3 (Reuters) - About 400,000 metric tons of Indian basmati rice are backed up at ports and in transit, and export deals have dried up as freight rates have more than doubled since the U.S. and Israel attacked Iran at the weekend, trade officials said.India is the w...Reuters
an hour ago
WRAPUP 3-Netanyahu says US-Israeli war on Iran 'not going to take years'
Netanyahu expects conflict with Iran to be quick, not years-longU.S.-Israeli air war against Iran began on SaturdayGlobal air transport in chaos, energy prices surge March 3 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said the war against Iran was "not going to take years", as ...Reuters
2 hours ago
France little exposed to Middle East crisis, Bank of France Chief says
PARIS, March 3 (Reuters) - French central bank governor Francois Villeroy de Galhau said on Tuesday France's finance industry has a little exposure to the Middle East crisis. The French economy has a rather low inflation and resilient economic growth, Villeroy told reporters on Tuesday. He added...Reuters
2 hours ago
GE Vernova Expands Manufacturing Capacity In Italy
March 3 (Reuters) - GE Vernova Inc GEV.N:GE VERNOVA INC - EXPANDS MANUFACTURING CAPACITY IN ITALYGE VERNOVA EXPANDS MANUFACTURING CAPACITY IN ITALY TO SUPPORT GROWING GLOBAL ELECTRIFICATION DEMANDGE VERNOVA INC: ABOUT $30 MILLION INVESTMENT IN EXPANSION OF ITS ELECTRIFICATION MANUFACTURING FACILITY...Reuters
2 hours ago
French Economy Minister: gas and gasoline supply not at risk in France
PARIS, March 3 (Reuters) - French Economy Minister Roland Lescure said on Tuesday the supply of natural gas and gasoline is not at risk in France in the short term."Let's not create a problem that does not exist, there is no reason to rush to gas stations," he told reporters.Reuters
2 hours ago
France ready to defend partners, Foreign Minister says
PARIS, March 3 (Reuters) - France is ready to defend its partners if they request help after Iranian retaliatory strikes and ireserves its right to intervene, Foreign Minister Jean-Noel Barrot said on Tuesday."This war... is dragging a number of countries in the region into the conflict with whi...Reuters
2 hours ago
Drone hits fuel tank at Oman's Duqm port
March 3 (Reuters) - A fuel tank at Oman’s Duqm commercial port was hit on Tuesday when the facility came under attack from several unmanned aircraft, the state news agency said, citing a security source, on the fourth day of U.S.-Israeli strikes on Iran, which has responded by targeting neighbouring...Reuters
2 hours ago
China urges resumption of talks on Iran nuclear issue
BEIJING, March 3 (Reuters) - China respects Iran's "legitimate right to the peaceful use of nuclear energy," a foreign ministry spokesperson said on Tuesday, while urging a stop to U.S. military actions in favour of returning to talks and negotiations.U.S. strikes on Iran "during ong...Reuters
2 hours ago
