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Russia blames Ukrainian drones for attack on LNG ship in Mediterranean
All 30 crew members of LNG ship reported safeRussia calls the incident an 'act of terrorism'Would be first attack on Russian gas carrier if confirmedVessel was en route to Port Said in Egypt, Libya says MOSCOW, March 4 (Reuters) - Russia's transport ministry on Wednesday accused Ukrai...
Reuters
9 minutes ago
OPEC secretariat receives updated compensation plans
March 4 (Reuters) - The OPEC secretariat has received updated oil production compensation plans from Iraq, United Arab Emirates, Kazakhstan, and Oman, the organisation said on Wednesday.
Reuters
10 minutes ago
EXCLUSIVE-Russia prepared to divert oil to India as Middle East conflict disrupts flows, source says
Fleet with 9.5 mln barrels of Russian crude near Indian waters, says sourceRussia ready to raise Indian crude import share to 40% from 30% Russia set to sell LNG to India after Qatar output stopped-sourceBy Krishna N. Das and Nidhi Verma NEW DELHI, March 4 (Reuters) - Russia is ready to divert oi...
Reuters
11 minutes ago
EU sees no impact on oil supply from Iran conflict, official says
BRUSSELS, March 4 (Reuters) - The European Union sees no impact from the conflict in Iran on its oil supply, but rising prices are a strong concern, an EU official said on Wednesday. Member states are currently not planning measures in response to the impact of oil market developments, the commissio...
Reuters
15 minutes ago
Russia says US-Israeli strikes threaten Iran's Bushehr nuclear power plant
MOSCOW, March 4 (Reuters) - The Russian Foreign Ministry warned on Wednesday that Iran's Bushehr nuclear power plant was under threat from U.S.-Israeli air strikes and that explosions could be heard just kilometres away from its perimeter.Maria Zakharova, a spokeswoman for the ministry, told a n...
Reuters
21 minutes ago
PRECIOUS-Gold gains as Middle East conflict revives safe-haven bid
Gold rises above 2%, silver up over 5%Platinum up 5%, Palladium up over 3%Oil, gas prices surge as Middle East energy shipments stallBy Pablo Sinha March 4 (Reuters) - Gold prices climbed 2% on Wednesday, rebounding from their lowest in more than a week reached in the previous session, as the do...
Reuters
22 minutes ago
IAEA says no damage to Iran's nuclear facilities based on latest satellite imagery
March 4 (Reuters) - The U.N. nuclear watchdog IAEA said on Wednesday that it sees no damage to facilities containing nuclear material in Iran and no radiological release risk at this time, based on the latest available satellite imagery.
Reuters
30 minutes ago
COLUMN-Uncorking a scandal: Inside the sommelier lawsuit over exam cheating
By Jenna Greene March 4(Reuters) - Six glasses of wine sit on a table, three white and three red. Based on taste, smell and appearance alone, a candidate vying for the title of master sommelier -- one of the most prestigious credentials in the wine industry -- must identify the wine's variet...
Reuters
35 minutes ago
Trump to meet tech giants on energy pledge ahead of midterms
Trump hosts tech leaders to pledge to shield consumers from energy price spikesEffort aims to ease voter concerns over higher electricity billsCompanies expected to commit to efficiency and dedicated powerBy Jarrett Renshaw and Laila KearneyMarch 4 (Reuters) - U.S. President Donald Trump is set to m...
Reuters
35 minutes ago
There is little US LNG producers can do to immediately replace lost Qatari cargoes
US LNG plants running near full capacity, limiting the potential for output increase amid Qatar disruptionsVenture Global has the most flexibility, with higher percentage of spot market salesGolden Pass LNG project is set to begin production this month but will take time to ramp upBy Curtis Williams...
Reuters
35 minutes ago
RPT-ROI-Gold flubs its lines amid Middle East mayhem: Mike Dolan
By Mike Dolan LONDON, March 4 (Reuters) - The most peculiar market move in an alarming week of Middle East conflict was how the most obvious "safe haven" - gold - flubbed its lines. Instead of piling into gold, investors seemed to sprint for dollar cash, offloading anything that caught a ...
Reuters
35 minutes ago
WRAPUP 4-Khamenei's son Mojtaba is alive and favoured to succeed him, Iranian sources say
Mojtaba Khamenei not there when father killed, sources sayIran says new supreme leader to be chosen soonUS and Israel press on with strikes on IranBy Parisa Hafezi and Pesha Magid DUBAI/JERUSALEM, March 4 (Reuters) - Mojtaba Khamenei, the powerful son of Iran's slain Supreme Leader Ali Khamen...
Reuters
48 minutes ago
Oil prices up 1% as Iran crisis disrupts Middle East supply
Geopolitical factors remain near-term key driver, analyst says US crude stocks up 5.6 million barrels last week, sources sayBy Ahmad Ghaddar and Trixie Yap LONDON, March 4 (Reuters) - Oil prices rose about 1% on Wednesday as U.S.-Israeli strikes on Iran disrupted Middle East supplies, but the pac...
Reuters
an hour ago
EUROPE POWER-Forward contracts rise slightly with uptick in gas and oil
PARIS, March 4 (Reuters) - European forward power contracts rose on Wednesday, while still below multi-month highs hit on Tuesday, tracking higher natural gas and oil prices stoked by the U.S.-Iran conflict that hit infrastructure and shipping.NG/EUO/RAround 20% of the world's liquefied natural ...
Reuters
an hour ago
Russia's Putin to discuss 'Ukrainian energy blackmail' with Hungary's Szijjarto, Kremlin says
MOSCOW, March 4 (Reuters) - Russian President Vladimir Putin will hold talks with Hungarian Foreign Minister Peter Szijjarto later on Wednesday and discuss Ukraine's "blackmailing" of Slovakia and Hungary over oil supplies, the Kremlin said. Kyiv has said that the Ukrainian branch of th...
Reuters
an hour ago
Italy says it can reactivate coal-powered plants if Gulf crisis worsens
By Francesca PiscioneriROME, March 4 (Reuters) - Italy's energy minister said on Wednesday that the country can reactivate some coal-fired power stations if conflict in the Middle East should lead to an energy crisis.Minister Gilberto Pichetto Fratin said in a television interview that Italy has...
Reuters
an hour ago
Saudi Aramco's Ras Tanura struck again by unknown projectile, four sources say
By Timour Azhari, Yousef Saba and Maha El DahanRIYADH, March 4 (Reuters) - Saudi Aramco's Ras Tanura, which houses its largest domestic refinery and a key crude export terminal, was struck again on Wednesday by an unknown projectile, four sources said, two days after a source said a drone attack...
Reuters
an hour ago
Uncertainty faces China Inc's projects in Iran after US–Israeli strikes
Many state-backed firms figure in Iran projects, documents showProjects range from power to heavy industry and trade promotionState firms' role shows Iran crisis impact beyond private sectorBy Eduardo Baptista BEIJING, March 4 (Reuters) - Weeks before U.S.–Israeli strikes in Iran, wide swathe...
Reuters
an hour ago
EU sees no immediate effect of Iran conflict on gas supply security, officials say
BRUSSELS, March 4 (Reuters) - The European Union has told its member countries it does not see any immediate effect from the conflict in Iran on the security of natural gas supply, EU officials told Reuters on Wednesday.No response measures are currently planned at national or EU level, the official...
Reuters
an hour ago
Stellantis, Toyota, Subaru not in Tesla carbon pool for 2026, EU filing shows
MILAN, March 4 (Reuters) - Stellantis STLA.MI Toyota 7203.T and Subaru 7270.T have not signed up to the current year's carbon‑credit 'pool' led by Tesla TSLA.O which is designed to help carmakers meet the European Union's carbon emissions targets, an EU filing showed.Brussels had ini...
Reuters
an hour ago
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