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Farmers see fertiliser price surge as Iran war blocks exports, threatening losses
Gulf war disrupts fertiliser supplies, shipping routesFarmers around world see prices rise just before planting seasonUrea prices jump as global fertiliser supply tightensWeeks-long shutdown would prevent supplies reaching farmers for springBy Naveen Thukral and Ed White SINGAPORE/WINNIPEG, March...Reuters
17 minutes ago
US weighs oil futures market action to combat rising energy prices – WH official
By Jarrett RenshawMarch 5 (Reuters) - The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices, including potential action involving the oil futures market, a senior White House official said.The potential move would mark an unusual at...Reuters
25 minutes ago
Amazon down for thousands of users in US, Downdetector shows
March 5 (Reuters) - E-commerce website Amazon AMZN.O was down for thousands of users in the U.S. on Thursday, according to Downdetector.com.There were more than 20,300 reports of issues with the website as of 03:26 p.m. ET, according to Downdetector, which tracks outages by collating status reports ...Reuters
28 minutes ago
WRAPUP 7-Trump wants say on Iran's next leader as war intensifies
Trump says he wants to be involved in choosing Iran's next leaderU.S. encourages Iranian Kurdish offensiveIsraeli military says 60% of Iranian ballistic missile launchers have been knocked outIsrael to target underground missile sites in second phase of strikesAzerbaijan latest country drawn in ...Reuters
28 minutes ago
Flights for US citizens stuck in Middle East ramping up, State Dept says
Government-organized charter flights began on WednesdayUS embassy in Kuwait suspends operationsState Department says it has helped 10,000 Americans seeking to leave regionBy Simon Lewis WASHINGTON, March 5 (Reuters) - The U.S. State Department said on Thursday it was ramping up charter flights fr...Reuters
31 minutes ago
CBOT wheat higher on fund buying, spillover strength
CHICAGO, March 5 (Reuters) - Chicago Board of Trade wheat futures ended higher on Thursday on support from managed money buying and spillover strength from rising corn futures.Broad-based fund buying of wheat and other agricultural commodities as a hedge against inflation has boosted prices.The U.S....Reuters
37 minutes ago
GRAINS-Chicago grains rise alongside crude oil with focus on Iran conflict
Wheat, corn and soybeans recoup Wednesday's small lossesFresh crude oil rally keeps focus on Iran conflictHigher dollar and ample grain supply curb price gainsBy Heather Schlitz CHICAGO, March 5 (Reuters) - Chicago grain and soybean futures closed higher on Thursday, supported by rising crude...Reuters
42 minutes ago
Amazon down for thousands of users in US, Downdetector shows
March 5 (Reuters) - Amazon AMZN.O was down for thousands of users on Thursday, according to Downdetector.com.There were more than 19,700 reports of issues with the e-commerce website as of 03:06 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sou...Reuters
47 minutes ago
US natgas prices climb 3% on big storage withdrawal, US-Iran war energy supply concerns
US gas prices rise along with global LNG supply issuesEIA reports higher-than-expected storage withdrawalLSEG forecasts lower US gas demand next weekBy Scott DiSavino NEW YORK, March 5 (Reuters) - U.S. natural gas futures climbed about 3% on Thursday on a bigger-than-expected storage withdraw...Reuters
56 minutes ago
CBOT soybeans gain as crude oil rallies
CHICAGO, March 5 (Reuters) - Chicago Board of Trade soybean futures lifted on Thursday, supported by higher crude oil prices as the conflict in the Middle East continued to disrupt supply.Crude oil rose sharply on Thursday as the ongoing closure of the Strait of Hormuz continued to disrupt Middle Ea...Reuters
59 minutes ago
Oil settles up around 5% on supply concerns as Iran conflict widens
US-Israeli conflict with Iran disrupts oil supplies, shippingIraq cuts output by 1.5 million bpd due to storage, export issuesAttacks on oil tankers in Gulf, Chinese fuel export cuts push prices higherBy Georgina McCartney HOUSTON, March 5 (Reuters) - Oil prices settled up around 5% on Thursd...Reuters
an hour ago
CBOT corn higher on crude oil rally
CHICAGO, March 5 (Reuters) - Chicago Board of Trade corn futures settled higher on Thursday on support from rallying crude oil prices.Crude oil rose sharply on Thursday as the ongoing closure of the Strait of Hormuz continued to disrupt Middle East supply and led some refineries in other parts of th...Reuters
an hour ago
China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say
By Jonathan Saul and Marwa Rashad LONDON, March 5 (Reuters) - China is in talks with Iran to allow crude oil and Qatari liquefied natural gas vessels safe passage through the Strait of Hormuz as the U.S.-Israeli war on Tehran intensifies, three diplomatic sources told Reuters.The war, which enter...Reuters
an hour ago
Sri Lanka offloads 208 crew members from second Iranian ship a day after US strike sinks frigate
Sri Lanka secures access to second shipBegins offloading 208 crew membersNo immediate details on type of shipIran wants bodies repatriated from previous sunk frigateSearches still ongoing for survivorsBy Uditha Jayasinghe GALLE, Sri Lanka, March 5 (Reuters) - Sri Lanka started to offload 208 ...Reuters
2 hours ago
Mexico to tighten coal mining regulations after deadly accident
By Kylie MadryMarch 5 (Reuters) - Mexico is set to tighten regulations on coal mining operations, the labor ministry said on Thursday, following widespread scrutiny brought on after a 2022 mine collapse killed 10. The plan eliminates a previous system which allowed "small-scale" coal mining ...Reuters
2 hours ago
PRECIOUS-Gold falls as rising yields, firm dollar eclipse safe‑haven demand
Bombing of Tehran intensifies as war enters day sixFed report says US economic activity rose a bit in recent weeksUS weekly jobless claims unchanged last weekFebruary US employment report due on FridayBy Anmol Choubey March 5 (Reuters) - Gold prices reversed course on Thursday, erasing earlier ga...Reuters
2 hours ago
MSC to introduce emergency fuel surcharge on all cargo from northern Europe to Red Sea and East Africa
March 5 (Reuters) - Shipping company MSC said on Thursday it would implement an emergency fuel surcharge to all cargo from Northern Europe (including UK and Scanbaltic) to the Red Sea and East Africa, effective March 16.MSC will impose $40 per twenty-foot equivalent unit (TEU) from Northern Europe (...Reuters
2 hours ago
Argentina's wet summer week boosts corn, soy crops
BUENOS AIRES, March 5 (Reuters) - Rainfall over the last week has improved the condition of Argentine soy and corn fields, the Buenos Aires grains exchange said on Thursday, as the crops are currently undergoing a key period of high water demand during the southern hemisphere summer.Argentina is the...Reuters
3 hours ago
