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Germany's Merz says easing Russia sanctions is wrong
ANDØYA, Norway, March 13 (Reuters) - German Chancellor Friedrich Merz said on Friday that it is wrong to ease sanctions against Russia for whatever reason, after the United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea.Merz added tha...Reuters
6 minutes ago
US farmers rush to sell crops as Iran war fuels rally
By Tom Polansek CHICAGO, March 13 (Reuters) - U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soybean sales by farmers who squirreled away last year's harvests due to weak prices. Since the U.S. and Israel attacked Iran, farmers across the Midwest h...Reuters
10 minutes ago
EUROPE GAS-Prices edge down as U.S.-Israeli war approaches two-week mark
By Nina Chestney LONDON, March 13 - Benchmark Dutch wholesale gas prices were little changed on Friday morning on as the U.S.-Israeli war approached the two-week mark and tanker attacks and energy infrastructure closures continued.The benchmark Dutch front-month contract at the TTF hub TFMBMc1 in...Reuters
11 minutes ago
For a quarter of a century, Banksy has contributed to many charitable causes
March 13 (Reuters) - Banksy has consistently used his art to fund charitable causes. As his fame has grown, so too have the sums he raises. Reuters could not confirm how much money the artist has donated. In his book “Banksy: The man behind the wall,” author Will Ellsworth-Jones notes that “there is...Reuters
15 minutes ago
TECHNICALS-$200 crude oil no joke; jet fuel, gas oil and fuel oil surge higher
For more technical analyses, click SINGAPORE, March 13 (Reuters) - The Iran war has pushed crude oil rapidly towards its 2022 high, and chart patterns across the broader energy complex suggest crude's rally is far from isolated.When Singapore Jet fuel JETSGSWMc1, Fuel oil CS380 FO380SGSWMc1, Lon...Reuters
16 minutes ago
Kremlin says Russia and US share interest in stabilising energy markets
MOSCOW, March 13 (Reuters) - Russia sees a U.S. sanctions waiver on its oil as an attempt by Washington to stabilise global energy markets, and the two countries have a shared interest in this, Kremlin spokesman Dmitry Peskov said on Friday.Without significant volumes of Russian oil entering the mar...Reuters
18 minutes ago
Rosatom's head says he sees 'increased military risks' around the Zaporizhzhia nuclear plant
MOSCOW, March 13 (Reuters) - The head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, said on Friday that he sees "increased military risks" around the Zaporizhzhia nuclear power plant.Reuters
27 minutes ago
Turkish-owned ship allowed to pass through Strait of Hormuz, minister says
ISTANBUL, March 13 (Reuters) - A Turkish-owned ship that had been waiting near Iran was allowed to pass through the Strait of Hormuz after authorities received permission from Tehran, Turkish Transport and Infrastructure Minister Abdulkadir Uraloglu said.In comments to Turkish media on Thursday that...Reuters
35 minutes ago
LyondellBasell reports fire at Bayport Choate chemical plant in Texas
March 13 (Reuters) - LyondellBasell LYB.N said on Thursday a fire broke out at its Bayport Choate chemical plant 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
39 minutes ago
South Korea says considering energy vouchers, boosting coal and nuclear power
South Korea prepares measures for higher oil prices, potential LNG disruptionEnergy vouchers for vulnerable groups may be expandedSouth Korea imports 70% of oil, 20% of LNG from Middle EastBy Joyce Lee and Daewoung Kim SEOUL, March 13 (Reuters) - South Korea is considering providing additional en...Reuters
an hour ago
China to impose up to 30.1% tariffs on halogenated butyl rubber from Canada, Japan
BEIJING, March 13 (Reuters) - China will impose anti-dumping tariffs of up to 30.1% on halogenated butyl rubber imported from Canada and Japan, the Chinese Commerce Ministry said on Friday, in a final ruling for investigations launched in 2024.Imports from Canada will face anti-dumping duties of 13....Reuters
2 hours ago
Japan to consider whether to buy Russian crude following US sanctions waiver
By Yuka Obayashi TOKYO, March 13 (Reuters) - Japan will consider whether to buy Russian crude after the U.S. issued a 30-day sanctions waiver amid the Iran war by taking into account international conditions and its national interests, an industry ministry official said on Friday.The U.S. waiver ...Reuters
2 hours ago
US issues 30-day sanctions waiver for purchase of Russian oil at sea
US issues 30-day license for sanctioned stranded Russian oil purchasesRussian envoy says the move will affect 100 million barrels of oilMeasure the latest by Trump administration to calm energy markets jolted by Iran warBy Ismail Shakil and Gleb Bryanski March 13 (Reuters) - The United States iss...Reuters
2 hours ago
FACTBOX-Analysts reassess oil price estimates as Iran conflict disrupts markets
March 13 (Reuters) - Major brokerages, including Goldman Sachs and Bank of America, have revised their average oil price forecasts for 2026 as the war in Iran approached the two‑week mark on Friday. Analysts expect oil prices to remain elevated in the near term as they assess the impact of supply di...Reuters
2 hours 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 SINGAPORE, March 13 (Reuters) - Oil prices headed for weekly gains as of Friday, despite th...Reuters
2 hours ago
Germany's chemicals lobby sees serious disruptions from war in the Middle East
March 13 (Reuters) - German chemicals lobby VCI said on Friday it expects potential persistent disruptions from the closure of the Hormuz strait to cause inflationary pressure and unsettle markets, piling onto the difficulties the sector has experienced for years.The association, which represents ar...Reuters
3 hours ago
Operator probes incident at Kazakhstan's Tengiz oilfield, sources say output intact
TCO reports an incident at Tengiz on March 11; no injuriesField has not halted output, sources sayTengiz was already pumping lower levels after January 18 firesRecovery limited by CPC loading constraints ALMATY, March 13 (Reuters) - Kazakhstan's Tengizchevroil consortium said on Friday it was...Reuters
3 hours ago
TABLE-North Sea gas maintenance schedule: Adds UGS Bergermeer outage
March 13 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
3 hours ago
Zenith Energy Announces Acquisition Of 28 MWp Solar Development Projects
March 13 (Reuters) - Zenith Energy Ltd ZENZ.L:ZENITH ENERGY LTD - ACQUISITION OF 28 MWP SOLAR DEVELOPMENT PROJECTSZENITH ENERGY LTD: CUMULATIVE TOTAL CONSIDERATION FOR ACQUISITIONS IS EUR 2,016,000ZENITH ENERGY LTD - TOTAL CONSIDERATION FOR ACQUISITIONS IS ABOUT EUR 2 MILLION PAYABLE UPON READY-TO-...Reuters
3 hours ago
