News
Important Only
WRAPUP 1-Iran launches wave of missiles at Israel; US Republicans block measure to halt US air campaign
Air raid sirens in Israel sends millions into sheltersUS Senate blocks measure to halt American air assaultConflict widens, shipping and airlines disruptedNew Iranian leader loomsBy Parisa Hafezi, Pesha Magid and Tuvan Gumrukcu DUBAI/JERUSALEM/ANKARA, March 5 (Reuters) - Iran launched a wave ...Reuters
12 minutes ago
Taiwan says oil, gas stockpiles above regulatory requirements
TAIPEI, March 5 (Reuters) - Taiwan's economy ministry said on Thursday that stockpiles for both oil and natural gas are above regulatory requirements, and it has asked petroleum companies to raise their oil and gas inventory levels and to update inventory and shipping schedule date daily.The min...Reuters
14 minutes ago
PRECIOUS-Gold gains on safe-haven demand as Middle East conflict widens
US submarine sinks Iranian warship near Sri LankaWeekly U.S. jobless claims data due later in the dayGold prices to remain volatile due to uncertainty, analyst saysBy Noel John March 5 (Reuters) - Gold rose on Thursday as the widening Middle East conflict drove investors towards the safe-haven as...Reuters
an hour ago
Iran conflict's impact on energy temporary and a 'small price,' US energy secretary says
Iran conflict disrupts Middle East oil flows, raises energy pricesUS Navy to escort oil tankers through Strait of HormuzWright downplays long-term impact of Iran conflict on energy marketsBy Ismail Shakil March 4 (Reuters) - The impact of the Iran conflict on energy markets will be temporary and ...Reuters
an hour ago
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
March 5 (Reuters) - A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said.The master observed a small craft leaving the area following the explosion, which occurred 30 nautical miles (56 km)...Reuters
an hour ago
Trafigura, Venezuelan mining firm sign deal for up to 1,000 kg of gold, Axios reports
March 4 (Reuters) - Venezuela's state-owned mining company has signed a multi-million-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for U.S. markets, Axios reported on Wednesday, citing two sources familiar with the deal.The deal requires Venezuelan mi...Reuters
2 hours ago
Trafigura, Venezuelan mining firm sign deal for up to 1,000 kg of gold, Axios reports
March 4 (Reuters) - Venezuela's state-owned mining company has signed a multimillion-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for U.S. markets, Axios reported on Wednesday, citing two sources familiar with the deal.Reuters
2 hours ago
Australia, Canada sign new deals on critical minerals
G7 alliance aims to diversify critical minerals supply chainsCanada and Australia significant global producers of lithium, uranium, iron oreMiddle powers to deepen cooperation in defence, trade, AIBy Alasdair Pal and Melanie BurtonSYDNEY, March 5 (Reuters) - Australia and Canada said on Thursday the...Reuters
2 hours ago
Oil prices rise as Iran conflict widens
By Katya Golubkova TOKYO, March 5 (Reuters) - Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output.Brent LCOc1 crude was trading up $1.67, o...Reuters
2 hours ago
TECHNICALS-US oil targets $79.88 as upside opens toward $100
For more technical analyses, click SINGAPORE, March 5 (Reuters) - U.S. oil CLc1 is poised to break resistance at $77.81 per barrel and rise toward $79.88. Bulls are launching the third attack after failing twice to overcome this barrier. They are highly likely to succeed and push the price toward ...Reuters
2 hours ago
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
March 5 (Reuters) - A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said.The master observed a small craft leaving the area following the explosion, which occurred 30 nautical miles (56 km)...Reuters
3 hours ago
GRAINS-Wheat ticks up after losses; soybeans under pressure
SINGAPORE, March 5 (Reuters) - Chicago wheat rose on Thursday, recouping some of last session's losses, although ample global supplies and improved U.S. weather are likely to cap the upside potential in prices.Soybeans were largely unchanged, with the market torn between support from rising oil ...Reuters
3 hours ago
NASA to tap ULA for critical moon-rocket hardware, Bloomberg News reports
March 4 (Reuters) - NASA plans to select United Launch Alliance to supply a critical component for future missions of its moon rocket, Bloomberg News reported on Wednesday, citing people familiar with the matter. The move could replace planned Boeing-built hardware, which NASA's inspector...Reuters
3 hours ago
Silver Price Forecast: XAG/USD holds steady above $84.00; seems vulnerable
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day's broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day.
Fxstreet
3 hours ago
Cuba hit by widespread power blackout amid US oil chokehold
Latest in a series of widespread power outages to affect CubaRegional news report says repairs could take three to four daysCommunist-run island has come under increased pressure from USBy Annett Rios and Alien Fernandez HAVANA, March 4 (Reuters) - A power outage struck most of Cuba, including Ha...Reuters
3 hours ago
REFILE-Australia to join G7 critical minerals alliance, Canada's Carney says
SYDNEY, March 5 (Reuters) - Australia and Canada on Thursday signed a series of new agreements on critical minerals, Canadian Prime Minister Mark Carney said, including Australia joining the G7 minerals alliance. Western nations have been attempting to diversify their supply chains away from China, ...Reuters
3 hours ago
US Navy will escort oil tankers 'as soon as it can', Energy Secretary tells Fox News
March 4 (Reuters) - The U.S. Navy is currently focused on the Iran conflict and it will escort oil tankers through the Strait of Hormuz "as soon as it can," U.S. Energy Secretary Chris Wright told Fox News' "Ingraham Angle" program on Wednesday."No, not yet ... We'll do t...Reuters
3 hours ago
