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Indian vessel sails from UAE's Fujairah after terminal attack
MUMBAI, March 15 (Reuters) - An Indian-flagged vessel loaded with 80,800 metric tons of United Arab Emirates' Murban oil, sailed for India on Sunday from Fujairah, India's government said, a day after sources said some loading operations had been suspended at the UAE port. Oil loading operat...Reuters
24 minutes ago
ANALYSIS-Iran holds the key to reopening global energy markets
Iran attacks Gulf ports, refineries, closes Strait of HormuzMiddle East oil output falls 7-10 million bpd, oil/gas prices spike Industry says naval convoys won't help restore traffic Refinery, port, field repairs to take weeks to monthsBy Yousef Saba, Ahmad Ghaddar, Maha El Dahan and Ahmed Rashe...Reuters
25 minutes ago
WRAPUP 5-Trump warns of more strikes on Iran's Kharg Island, pressures allies to secure oil chokepoint
Trump wants allies' warships for Strait of Hormuz as oil prices riseUS, Iran reject talk of diplomatic solution - sourcesMissile, drone strikes continue on SundayUnprecedented oil market disruption unlikely to end soonBy Maya Gebeily, Emily Rose and Jarrett Renshaw PALM BEACH, Florida/DUBAI/J...Reuters
39 minutes ago
Iranian missile fragment hits US consul residence building in Israel, Israeli media reports
March 15 (Reuters) - A fragment of an Iranian missile struck a residential building used by the U.S. consul in Israel, Israeli media reported on Sunday.The reports did not immediately provide further details on the incident.Reuters
2 hours ago
Bahrain's Alba shuts 19% of aluminium capacity as Hormuz disruption continues
Company initiates controlled shutdown of Lines 1, 2 and 3Prioritises use of raw material stocks for Lines 4, 5 and 6Alba has aluminium smelting capacity of 1.62 million tons/yrBy Tom Daly March 15 (Reuters) - Aluminium Bahrain ALBH.BH, known as Alba, said on Sunday it had initiated a shutdown of ...Reuters
2 hours ago
UAE's Fujairah resumes oil loadings after attack, sources say
DUBAI, March 15 (Reuters) - Oil loading operations at the United Arab Emirates' Fujairah emirate, a major bunkering hub and crude export terminal, have resumed after a drone attack and fire on Saturday, four sources told Reuters, but it was unclear if the operations were back to normal. The U...Reuters
2 hours ago
Iraqi oil ministry says Kurdish authorities refused to resume oil exports for now
CAIRO, March 15 (Reuters) - Iraq's oil ministry said on Sunday that the Kurdish Ministry of Natural Resources had refused to resume oil exports for the time being.The Kurdish ministry placed conditions that have no relevance to exporting crude, the Iraqi ministry said in a statement.Iraq's o...Reuters
3 hours ago
Bahrain's aluminium smelter Alba shuts 19% of capacity
March 15 (Reuters) - Aluminium Bahrain ALBH.BH, known as Alba, said on Sunday it had initiated a shutdown of three aluminium smelting lines accounting for 19% of its capacity to preserve business continuity amid ongoing disruption in the Strait of Hormuz.The company, which has smelting capacity of 1...Reuters
3 hours ago
Egyptian foreign minister heads to Qatar to discuss regional developments
CAIRO, March 15 (Reuters) - Egyptian Foreign Minister Badr Abdelatty will travel to Qatar on Sunday as part of a Gulf tour to discuss regional developments amid the Israeli-U.S. war on Iran, the ministry said.The foreign ministry's statement did not mention which other Gulf states Abdelatty was ...Reuters
4 hours ago
US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
Talks to focus on tariffs, rare earths, high-tech export controls, and agricultureAnalysts see little prospect for breakthrough amid shortened preparations due to Iran warNew US trade probes could lead to more tariffs on ChinaBy David Lawder PARIS, March 15 (Reuters) - Top U.S. and Chinese econom...Reuters
4 hours ago
US-China trade talks in Paris have started, US Treasury official says
PARIS, March 15 (Reuters) - Top U.S. and Chinese economic officials launched a new round of talks in Paris on Sunday ahead of a summit between the two countries' leaders later this month, a U.S. Treasury official said.Reuters
4 hours ago
Oil poised for further gains as Middle East conflict threatens export facilities
Brent, WTI surge more than 40% so far this monthTrump says US struck military targets on Iran's Kharg Island, key oil export hubTrump warns of more strikes on Iran's Kharg Island, pressures allies on Strait of HormuzTrump rejects efforts to launch Iran ceasefire talks, sources sayBy Florence...Reuters
4 hours ago
Iran ready to help investigate strikes on civilian areas, foreign minister says
DUBAI, March 15 (Reuters) - Iran's foreign minister denied on Sunday that Iran has targeted civilian or residential areas in the Middle East and said Tehran is ready to form a committee with its neighbours to investigate the responsibility for such strikes. Gulf countries have called upon Iran t...Reuters
5 hours ago
Japan to release oil stocks as US says buy American
Japan depends on Middle East for some 90% of its oil supplyTokyo started reserves scheme in 1978 after Mideast shockUS calls on allies to buy more American energy By Katya Golubkova and Yuka Obayashi TOKYO, March 15 (Reuters) - Japan plans to start releasing oil from its stockpiles on Monday to s...Reuters
6 hours ago
REFILE-South Korea will carefully review Trump's request to send warships to Hormuz
SEOUL, March 15 (Reuters) - South Korea's presidential office said on Sunday that it would carefully review U.S. President Donald Trump's calls on allies to send warships to secure the Strait of Hormuz. "We will communicate closely with the U.S. regarding this matter and make a decision...Reuters
6 hours ago
Oil loadings operations at UAE's Fujairah have restarted, Bloomberg News reports
March 15 (Reuters) - Oil-loading operations at the United Arab Emirates' Fujairah emirate, a major bunkering hub and crude export terminal, have resumed following a drone attack and fire a day earlier, Bloomberg News reported on Sunday. Reuters could not immediately verify the report. Fujairah, ...Reuters
7 hours ago
Alaska LNG needs more offtake commitments before final investment decision, CEO says
By Yuka Obayashi and Katya GolubkovaTOKYO, March 15 (Reuters) - Energy developer Glenfarne needs to secure offtake agreements for a further 3 million metric tons of liquefied natural gas before making a final investment decision on the $44 billion Alaska LNG project, its chief executive said on Sund...Reuters
9 hours ago
