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Trump tells Fox News: US would escort oil tankers in Strait of Hormuz if needed
WASHINGTON, March 13 (Reuters) - President Donald Trump said the United States would escort vessels through the Strait of Hormuz if needed but added that he hoped the U.S.-led war efforts would go well, vowing in a Fox News interview that aired on Friday to strike Iran "very hard over the next w...
Reuters
19 minutes ago
Iraq's Kirkuk crude oil flows restart after four-day stoppage, sources say
LONDON, March 13 (Reuters) - Iraq's Kirkuk crude oil flows to Turkey's Ceyhan port restarted on Friday, having stopped on March 9, shipping and trading sources told Reuters.
Reuters
33 minutes ago
Hungary must not use Druzhba pipeline issues to block Ukraine aid, Berlin says
BERLIN, March 13 (Reuters) - It is unacceptable that Hungary's government is using pipeline issues as a pretext to block new Russia sanctions or a 90-billion-euro loan to Ukraine, a spokesperson with the German foreign office said on Friday.Russian oil flows through the Druzhba pipeline to Hunga...
Reuters
35 minutes ago
EXPLAINER-Why haven’t the Houthis, Iran’s allies in Yemen, stepped into the war?
By Timour Azhari RIYADH, March 13 (Reuters) - Iran's Shi'ite allies in Lebanon and Iraq have joined the war in the region unleashed by U.S. and Israeli strikes on Tehran. But Yemen's Houthi rebels, heavily armed and capable of striking Gulf neighbours and causing major disruption to m...
Reuters
38 minutes ago
Germany's Merz says easing Russia sanctions is wrong
ANDØYA, Norway, March 13 (Reuters) - German Chancellor Friedrich Merz said on Friday that any move to ease sanctions against Russia is wrong, after the United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea. "We believe that is wro...
Reuters
49 minutes ago
PRECIOUS-Gold set for second weekly loss on reduced rate cut bets, higher dollar, yields
Gold down about 1.7% so far this weekIran vows to keep Strait of Hormuz closedDelayed US January PCE data due later todayBy Ishaan Arora March 13 (Reuters) - Gold was on track for a second straight weekly loss, even as it edged higher on Friday, as surging oil prices dampened rate cut bets and ca...
Reuters
an hour ago
Australia races to ease fuel supply as Iran war brings shortage risk
Australia takes measures to ensure regional fuel securityHolds highest fuel stocks in over a decade To release petrol and diesel from domestic reserves Fuel strains hitting farmers, threaten iron ore sectorBy Helen Clark PERTH, March 13 (Reuters) - Australia, heavily reliant on imported fuel and ...
Reuters
an hour ago
REFILE-A backlash against data centres is spilling into French municipal election races
Municipal candidates campaign against data-centre projectsLocal backlash centres on pollution, heat and lack of jobs Mirrors trend of data centre pushback in US and Europe France touts nuclear power as a data‑centre drawCritics say there is a lack of regulation, transparencyBy Layli Foroudi and Forr...
Reuters
an hour ago
Germany seeks clarity on easing US sanctions against Russia, Merz says
ANDØYA, Norway, March 13 (Reuters) - German Chancellor Friedrich Merz said that Germany learned about the U.S. decision on lifting oil sanctions against Russia only on Friday morning, after Washington issued a waiver to buy sanctioned Russian oil and petroleum products stranded at sea.He would like ...
Reuters
an hour ago
Afghanistan's Taliban say Pakistani air strikes kill six, wound 12
Strikes kill six in residential areas of Kabul, NangarharKam Air fuel depot supplies civilian, UN aircraft, Taliban sayStrikes follow recent Chinese mediation effortsBy Mohammad Yunus Yawar KABUL, March 13 (Reuters) - Pakistan bombed the fuel depot of private airline Kam Air near Afghanistan'...
Reuters
an hour ago
Kremlin says Russia and US share interest in stabilising energy markets
US grants waiver to buy sanctioned Russian oil currently at seaUS says step is aimed at calming markets shaken by Iran war 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 share...
Reuters
an hour ago
WRAPUP 6-US eases sanctions on Russian oil to ease energy prices inflated by Iran war
US issues 30-day waiver for Russian oil purchasesIsrael and Iran exchange missile barragesOil prices rise despite US waiver, Brent crude at $101Iran, Israel, and US leaders exchange threatsBy Maya Gebeily and Alexander Cornwell DUBAI/BEIRUT/JERUSALEM, March 13 (Reuters) - The U.S. has issued a 30...
Reuters
an hour ago
Oil on track for weekly gains despite US waiving Russian purchase rules
US puts forward measures aiming to ease supply tightnessDisruption of trade through Strait of Hormuz continues Goldman expects Brent will average over $100 a barrel in MarchBy Anna Hirtenstein LONDON, March 13 (Reuters) - Oil prices extended their climb on Friday and were on track for weekly gai...
Reuters
an hour ago
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
an hour 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours ago
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