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Exclusive-with Iran War Exit Elusive, Trump Aides Vie to Affect Outcome
WASHINGTON, March 13 (Reuters) - A complex tug-of-war inside the White House is driving U.S. President Donald Trump's shifting public statements on the course of the Iran war, as aides debate when and how to declare victory even as the conflict spreads across the Middle East.
Reuters
23 minutes ago
Kazakhstan's Tengizchevroil says 'incident' occurred on March 11 at Tengiz oilfield facility
MOSCOW, March 13 (Reuters) - Kazakhstan's Tengizchevroil consortium said on Friday that an "incident" occurred at one of the Tengiz oilfield facilities on March 11, 2026, without providing further details.There were no casualties as a result of the incident, Tengizchevroil said.Reuters
13 minutes ago
Goldman hikes average Brent oil forecast to over $100 a barrel for March
March 13 (Reuters) - Goldman Sachs expects Brent oil to average over $100 a barrel in March, and $85 in April, it said on Friday, as energy prices remain volatile due to the Iran war and damage to Middle East energy infrastructure and disruptions in the Strait of Hormuz.Brent futures for May LCOc1 w...Reuters
16 minutes ago
EXCLUSIVE-ABB open to 'more than one' big deal in renewed M&A drive, chairman says
ABB looking at larger M&A deals, chairman saysMiddle East energy crisis will take months to return to normalBoardroom refresh planned for next yearDoes not think AI bubble will burstBy John Revill and Oliver Hirt ZURICH, March 13 (Reuters) - ABB ABBN.S is stepping up its acquisition drive and...Reuters
19 minutes ago
Goldman hikes average Brent forecast to over $100 a barrel for March
March 13 (Reuters) - Goldman Sachs expects Brent crude oil prices to average over $100 a barrel in March, and $85 per barrel in April, it said on Friday, as energy prices remain volatile due to the ongoing conflict around Iran and uncertainty over damage to Middle East energy infrastructure and disr...Reuters
30 minutes ago
TECHNICALS-CBOT corn may retest support at $4.60-3/4
SINGAPORE, March 13 (Reuters) - CBOT corn CK26 may retest support at $4.60-3/4 per bushel, a break below which could trigger a fall into $4.52-1/2 to $4.57 range.The rise from $4.45-1/2 may have been driven by a wave (b), the second wave of a three-wave cycle from $4.76. This wave could be totally o...Reuters
33 minutes ago
TECHNICALS-CBOT soybeans may test support at $12.14
For more technical analyses, please click SINGAPORE, March 13 (Reuters) - The CBOT soybean May contract SK26 may test a support at $12.14 per bushel, a break below which could trigger a fall into the $11.67-1/2 to $11.95 range.The contract faces a strong resistance at $12.39-3/4, the 100% projection...Reuters
53 minutes ago
Russia's Dmitriev says U.S. sanctions waiver affects 100 mln barrels of Russian oil
MOSCOW, March 13 (Reuters) - Russian presidential envoy Kirill Dmitriev said on Thursday that U.S. waiver for countries to buy sanctioned Russian oil would affect 100 million barrels of the Russian crude. "Against the backdrop of the growing energy crisis, further easing of restrictions on Russ...Reuters
an hour ago
LyondellBasell reports fire at Bayport Choate site in Texas
March 12 (Reuters) - LyondellBasell LYB.N on Thursday said a fire broke out at its Bayport Choate site in Texas and its firefighting and incident response teams were working to contain the blaze. The company added that "at this time, there is no threat to the surrounding community and n...Reuters
an hour ago
Oil heads for weekly gains despite US sanctions waiver on Russian oil
Measures aimed at easing supply tightness fail to calm markets Disruption of trade through Strait of Hormuz is 'fundamental' Brent more susceptible to energy security issues than WTI By Jeslyn Lerh and Sam Li SINGAPORE, March 13 (Reuters) - Oil prices headed for weekly gains as of Friday,...Reuters
an hour ago
USW members vote to reject BP's final offer to Whiting refinery workers
March 12 (Reuters) - The U.S. United SteelWorkers (USW) union members voted on Thursday to overwhelmingly reject what energy giant BP BP.L called its "last, best, and final" contract proposal to those working at its Whiting refinery in Indiana.The USW stated in a release that "an unprece...Reuters
an hour ago
PRECIOUS-Gold set for weekly drop as oil price surge weighs on rate-cut hopes
Iran's supreme leader vows to keep Strait of Hormuz closedGold down about 1% so far this weekUS January PCE data due later in the dayBy Noel John March 13 (Reuters) - Gold prices were on track for a second consecutive weekly drop, despite rising on Friday, as surging energy prices dimmed ...Reuters
2 hours ago
BREAKINGVIEWS-Iran war shows up folly of slow energy transition
By Antony CurrieMELBOURNE, March 13 (Reuters Breakingviews) - If only there was a way to reduce the fat tail risks generated by the Strait of Hormuz. The effective closure of the roughly 100-mile-long passage due to the U.S.-Israel attacks on Iran has sent fuel prices soaring and prompted countries ...Reuters
2 hours ago
LyondellBasell reports fire at Bayport, Texas, site
March 12 (Reuters) - LyondellBasell LYB.N late on Thursday said a fire has occurred at its Bayport, Texas, site at about 9 p.m and added that all personnel are safe and accounted for. "Our on‑facility firefighting and incident response teams were immediately activated and are working to contai...Reuters
2 hours ago
Air freight rates soar as Middle East conflict blocks trade routes
South Asia-Europe rates up 70% since start of Iran war - FreightosMore than 100 container ships blocked in Strait of HormuzSome Indian generic drugmakers switching from sea freight to air, industry expert saysBy Allison Lampert and Lisa Baertlein March 13 (Reuters) - Air freight rates have risen ...Reuters
2 hours ago
ADNOC cut crude volume for onshore partners by about a fifth for March, Bloomberg News reports
March 13 (Reuters) - Abu Dhabi National Oil Co cut the volume of crude for onshore partners by about a fifth for March, though flows will still go to a port outside the Strait of Hormuz, Bloomberg News reported on Friday, citing people familiar with the matter.The oil producer told equity partners t...Reuters
2 hours ago
LyondellBasell Reports Operational Upset at Bayport Choate Site, Texas
March 12 (Reuters) - LYONDELLBASELL LYB.N:REPORTS OPERATIONAL UPSET AT BAYPORT CHOATE SITE, PASADENA, TXREPORTS THE COMMUNITY MAY SEE BRIGHT FLAMES OR SMOKE; AREA LAW ENFORCEMENT AND FIRE DEPARTMENTS WILL ISSUE ANY PUBLIC NOTICE IF WARRANTEDREPORTS IT IS WORKING QUICKLY TO RESOLVE THE ISSUE AND WILL...Reuters
2 hours ago
Trump says he thinks Iran's new supreme leader is alive but 'damaged'
New Iranian supreme leader has not been seen since selection His first comments as leader were read by a TV presenter Iranian official said this week Khamenei was lightly injuredBy Kanishka Singh WASHINGTON, March 12 (Reuters) - President Donald Trump said that he thinks new Iranian Supreme Leade...Reuters
3 hours ago
