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Tokyo told national oil reserve site to prepare for release amid Iran crisis, Japan lawmaker says
TOKYO, March 8 (Reuters) - A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release of crude, as the Iran crisis has cut supply from the Middle East.Japan relies on the Middle East for around 95% of its cr...Reuters
4 minutes ago
Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war
ROME, March 8 (Reuters) - Italy is considering cutting fuel excise duties using higher-than-expected value-added tax revenues triggered by rising pump prices, the prime minister said, as businesses warned the conflict in the Middle East could sharply raise energy costs.Excise duties account for a la...Reuters
2 hours ago
Fire at oil depot in southern Russia extinguished, local authorities say
MOSCOW, March 8 (Reuters) - Fire at an oil depot in southern Russia's Krasnodar region has been extinguished, local officials said on Sunday.The region's operational headquarters said via Telegram that there were no injuries as a result of the fire, which was caused by a drone attack.Reuters...Reuters
2 hours ago
Families of flight MH370 passengers urge Malaysia to extend search
KUALA LUMPUR, March 8 (Reuters) - Families of those aboard Malaysia Airlines flight MH370 on Sunday urged the Malaysian government to extend a contract it signed with deep-sea exploration firm Ocean Infinity to continue a search for the aircraft that disappeared 12 years ago.The Boeing 777 was carry...Reuters
6 hours ago
US, Israel weigh sending special forces to seize Iran's nuclear stockpile, Axios reports
March 7 (Reuters) - The United States and Israel have discussed sending special forces into Iran to secure its stockpile of highly enriched uranium at a later stage of the war, Axios reported on Saturday, citing four sources with knowledge of the discussions.Reuters could not immediately verify the ...Reuters
6 hours ago
RPT-Gulf disruption squeezes Indonesia nickel makers' sulphur supply
Middle East accounts for almost a quarter of global sulphur productionIndonesia imports around 75% of its sulphur from Middle EastDRC imported about 1.3-1.4 mln T of sulphur last year from Middle EastBy Dylan Duan, Pratima Desai and Tom Daly SHANGHAI/LONDON, March 6 (Reuters) - Nickel makers in...Reuters
9 hours ago
WRAPUP 10-Trump rejects settling war with Iran, raises notion of eliminating all its potential leaders
US attacks may wipe out Iranian leadership and military, Trump saysIran's strategy raises energy prices, affects global business and logisticsIran's Revolutionary Guards claim drone strike on US base in UAEBy Maya Gebeily, Alexander Cornwell, Nandita Bose and Parisa Hafezi BEIRUT/MIAMI/TE...Reuters
9 hours ago
Lebanese minister says 454,000 people registered as displaced this week
March 7 (Reuters) - Lebanon's social affairs minister said on Saturday that 454,000 people registered as displaced this week, as Israel continues to strike Lebanon.Around 100,000 remained in government shelters, Haneen Sayed said.Reuters
13 hours ago
Katyusha rockets target US embassy in Baghdad, security sources say
March 7 (Reuters) - Katyusha rockets targeted the U.S. embassy in Baghdad on Saturday and sirens sounded, security sources and witnesses said, though it was not immediately clear whether the rockets caused any damage or casualties. The attack was the first time the embassy had been fired on i...Reuters
14 hours ago
ADNOC says it is managing offshore output, onshore operations continue
By Yousef Saba March 7 (Reuters) - Abu Dhabi National Oil Company said on Saturday it is actively managing offshore output levels to address storage requirements amid the U.S.-Israeli war on Iran, while its onshore operations are continuing."This approach preserves operational flexibility and...Reuters
14 hours ago
Saudi Aramco temporarily diverts some oil shipments to Yanbu port, state media says
CAIRO, March 7 (Reuters) - Saudi Arabian Oil Company Aramco diverted some oil shipments to the Red Sea port of Yanbu to ensure safety and continuity of supply, Saudi state-run Al Ekhbariya TV reported on Saturday. "We are closely following developments to take appropriate decisions to restore o...Reuters
14 hours ago
Iran's Revolutionary Guards target Haifa oil refinery after Tehran refinery
CAIRO, March 7 (Reuters) - Iran's Revolutionary Guards said on Saturday they had targeted Israel's Haifa oil refinery after targeting Iran's Tehran refinery, state media reported.Air raid sirens had sounded earlier on Saturday in the area of Haifa, but there no reports in Israel of anyth...Reuters
15 hours ago
EXCLUSIVE-US pressing Sri Lanka not to repatriate Iranian crew and survivors from sunken ship, memo says
Dozens killed on Wednesday when US sank IRIS Dena warship Auxiliary vessel Booshehr escorted to Sri Lankan harbor US says Sri Lanka should minimize Iranian propaganda effortsBy Humeyra Pamuk WASHINGTON, March 6 (Reuters) - The United States is pressing Sri Lanka's government not to repatriate...Reuters
15 hours ago
Iranian foreign minister says he is in constant contact with Saudi counterpart
CAIRO, March 7 (Reuters) - Iranian Foreign Minister Abbas Araqchi said on Saturday he is in constant contact with his Saudi counterpart and Saudi officials.Saudi officials said they were fully committed to not letting their territory, water and airspace be used against Iran, he said in an interview ...Reuters
15 hours ago
Katyusha rockets target US embassy in Baghdad, security sources say
March 7 (Reuters) - Katyusha rockets targeted the U.S. embassy in Baghdad on Saturday and sirens sounded, security sources and witnesses said. It was not immediately clear whether the rockets caused any damage or casualties.Reuters
16 hours ago
Ankara warns Iran against firing more missiles towards Turkey
ISTANBUL, March 7 (Reuters) - Turkish Foreign Minister Hakan Fidan warned Iran on Saturday against firing any more missiles towards Turkey, after NATO air defences destroyed a missile heading into Turkish airspace several days ago.Speaking at a press conference in Istanbul, Fidan also said Turkey op...Reuters
16 hours ago
ADNOC says onshore operations continue and it is managing offshore output
March 7 (Reuters) - Abu Dhabi state oil giant ADNOC said on Saturday it was continuing to use its export capacity that bypasses the Strait of Hormuz as well as its international storage facilities to ensure supply continuity to global markets.It said it was managing offshore production levels to add...Reuters
16 hours ago
Iran war threatens prolonged hit to global energy markets
Conflict disrupts global oil supply, Strait of Hormuz key to resolutionMiddle East oilfields, refineries face shutdowns, prolonged recovery expectedEnergy price hikes pose political risk for Trump amid midterm electionsBy Timour Azhari and Marwa Rashad March 7 (Reuters) - The U.S.-Israeli war wit...Reuters
16 hours ago
Kuwait declares force majeure, cuts crude oil output due to Middle East conflict
Kuwait cuts oil output due to Middle East conflictKPC cites threats by Iran for force majeure declaration, trade notice showsKPC is a naphtha and jet fuel exporter to Asia and EuropeBy Yousef Saba and Trixie Yap March 7 (Reuters) - Kuwait Petroleum Corporation began cutting oil output on Saturday...Reuters
17 hours ago
Iran says attack on desalination plant had support from airbase in southern neighboring country
CAIRO, March 7 (Reuters) - Iran's parliament speaker said on Saturday that the attack on a freshwater desalination plant on Qeshm island was carried out with support from one of the airbases in a southern neighboring country.He did not name the country. "The crime will receive a proportionat...Reuters
17 hours ago
