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WRAPUP 7-US officials predict quick end to Iran war, while Tehran says it can outlast foes
U.S. officials predict quick end to conflict, oil price dropIran asserts strength, rejects any talks with U.S.Global oil supply disrupted, Strait of Hormuz remains closedBy Maya Gebeily, Emily Rose and Jarrett Renshaw DUBAI/JERUSALEM/PALM BEACH, Florida, March 15 (Reuters) - U.S. officials re...Reuters
42 minutes ago
Iraq's Kurdish authorities rebuff accusation they are blocking use of oil pipeline
Baghdad oil ministry says KRG put in place arbitrary conditionsKRG responds that oil ministry is ignoring insecurityKurdish officials say their region also suffering dollar embargo BAGHDAD, March 15 (Reuters) - Iraq's Kurdish authorities said on Sunday that Baghdad had failed to address secur...Reuters
an hour ago
US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
Talks seen focused 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 and Elizabeth Howcroft PARIS, March 15 (Reuters) - ...Reuters
2 hours ago
EXCLUSIVE-Iran wants 'serious review' of Arab Gulf ties, denies role in Saudi oil attacks
Iran wants 'serious review' of Gulf ties, ambassador to Riyadh saysIran denies responsibility for attacks on Saudi oil facilitiesGulf states suffer over 2,000 missile and drone attacks since war beganIran and Saudi Arabia mended ties in 2023 after years of enmityBy Timour Azhari RIYADH, M...Reuters
2 hours ago
In heavy rain, Lebanese fleeing war huddle under makeshift shelters
By Ahmed Kerdi BEIRUT/SIDON, March 15 (Reuters) - Hussain Murtada and his family are camping in the back of a small truck, a flimsy tarpaulin shielding them from a storm on Sunday, with no room left at shelters for displaced people in the southern Lebanese city of Sidon."We are putting tarp o...Reuters
3 hours ago
Emergency stockpile oil coming soon to Iran-wracked markets, IEA says
PARIS, March 15 (Reuters) - More than 400 million barrels of oil from International Energy Agency emergency reserves will begin flowing soon, the agency said in its most detailed account of the rollout of the plan to combat a spike in crude prices since the start of the Iran war. Stocks from ...Reuters
3 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
3 hours ago
Over 400 million barrels of emergency oil reserves to flow to global markets soon, IEA says
PARIS, March 15 (Reuters) - Oil from the International Energy Agency emergency reserves will begin flowing to global markets soon, with member countries pledging to make available 411.9 million barrels, the agency said in a statement on Sunday. Governments have committed to make available 271.7 mill...Reuters
4 hours ago
Asia-Pacific allies ink $57 billion in deals with US companies, Burgum says
March 15 (Reuters) - Asia-Pacific allies agreed to $57 billion in 22 deals with American companies during this weekend's Indo-Pacific Energy Security Forum in Tokyo, U.S. Interior Secretary Doug Burgum said on Sunday. In an interview on Fox News Channel's "Sunday Morning Futures," Bu...Reuters
4 hours ago
Asia-Pacific allies ink $56 billion in deals with US companies at Tokyo forum, Burgum says
March 15 (Reuters) - Asia-Pacific allies agreed to $56 billion worth of deals with American companies during this weekend's Indo-Pacific Energy Security Forum in Tokyo, U.S Interior Secretary Doug Burgum said on Sunday. In an interview on Fox News Channel's "Sunday Morning Futures," ...Reuters
5 hours ago
Egypt's foreign minister, Qatari emir discuss regional de-escalation, ending war
CAIRO, March 15 (Reuters) - Egyptian Foreign Minister Badr Abdelatty and Qatari Emir Sheikh Tamim bin Hamad al-Thani on Sunday discussed regional de-escalation and ending the ongoing war between Israel, the U.S. and Iran, the Egyptian foreign ministry said.Abdelatty had travelled to Qatar as part of...Reuters
5 hours ago
US Energy secretary sees Iran war ending in weeks, oil supplies rebounding
WASHINGTON, March 15 (Reuters) - U.S. Energy Secretary Chris Wright said on Sunday that he expects the U.S. war with Iran to end within "the next few weeks," with oil supplies rebounding and energy costs declining afterwards."I think that this conflict will certainly come to the end in t...Reuters
6 hours ago
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
7 hours 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
7 hours 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
8 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
8 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
8 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
9 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
9 hours ago
