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Vietnam braces for flight cuts from April after China, Thailand ban jet fuel exports
Vietnam relies on imports for over two-thirds of its jet fuelRegulator says Vietnam's refineries cannot significantly boost jet fuel outputVietnam has reached out to China and Thailand, seeking helpBy Phuong Nguyen and Francesco Guarascio HANOI, March 16 (Reuters) - Vietnamese authorities hav...Reuters
5 minutes ago
Iranian Foreign Minister claims Israeli strikes on fuel depots are ‘ecocide’
Iran’s Foreign Minister, Abbas Araghchi, claimed Israeli strikes on fuel depots across Tehran amount to "ecocide," citing the impact on the health of the Iranian capital’s residents, the Guardian reported on Monday. He added that Israel must be punished for its war crimes.
Fxstreet
22 minutes ago
PRECIOUS-Gold steady as weaker dollar offsets fading rate cut hopes
Oil remains above $100 as Middle East conflict enters third weekTrump says U.S. is talking to seven nations about securing Strait of HormuzFed expected to hold rates at the end of its two-day meeting on WednesdayBy Noel John March 16 (Reuters) - Gold prices were steady on Monday after paring a ne...Reuters
26 minutes ago
Oil rises as focus returns to threats on Middle East export facilities
U.S. in talks with other countries to protect Strait of Hormuz, Trump saysBrent, WTI have surged more than 40% this monthUS hit military targets on Iran's Kharg Island oil export hubOil reserves to begin flowing to market soon, IEA saysTrump rejects efforts for Iran ceasefire talks, sources sayB...Reuters
49 minutes ago
WRAPUP 1-Trump demands others help secure Strait of Hormuz, Japan and Australia say no plans to send ships
Trump says US is talking to seven nations about securing Strait of Hormuz US officials predict quick end to conflict, oil price dropIran says ready to defend for 'as long as it takes'Oil prices remain elevated, investors cautious as war enters third weekBy Tim Kelly and Jarrett Renshaw TO...Reuters
55 minutes ago
METALS-Copper falls as higher oil prices stoke inflation fears
March 16 (Reuters) - Copper fell on Monday as elevated oil prices fuelled inflation concerns, supporting the U.S. dollar and dampening expectations for rate cuts by the Federal Reserve. The most-active copper contract on the Shanghai Futures Exchange SCFcv1 declined 1.28% to 99,310 yuan ($14,39...Reuters
an hour ago
GRAINS-Chicago soybeans fall on potential Trump-Xi meeting delay
Beijing, March 16 (Reuters) - Chicago soybean futures fell on Monday after hitting a near two-year high last week, as the market grapples with the news of a potential delay of U.S President Donald Trump's meeting with Chinese President Xi Jinping later this monthThe most-active soybean contract ...Reuters
2 hours ago
VEGOILS-Palm opens more than 1% higher on strong rival Dalian, export data
KUALA LUMPUR, March 16 (Reuters) - Malaysian palm oil futures opened more than 1% higher on Monday, extending gains for a fourth straight session, supported by strength in rival Dalian oils and export data, though weaker Chicago soyoil and crude oil prices capped the rise. The benchmark palm oil co...Reuters
2 hours ago
PRECIOUS-Gold edges lower as higher energy prices dim rate‑cut hopes
Oil remains above $100 as Middle East conflict enters third weekTrump says U.S. is talking to seven nations about securing Strait of HormuzFed expected to hold rates at the end of its two-day meeting on WednesdayBy Noel John March 16 (Reuters) - Gold edged lower on Monday, weighed down by waning ...Reuters
2 hours ago
TECHNICALS-CBOT corn neutral in $4.64-1/4 to $4.68-3/4 range
SINGAPORE, March 16 (Reuters) - CBOT corn CK26 looks neutral in a range of $4.64-1/4 to $4.68-3/4 per bushel, and an escape could suggest a direction.A break above $4.68-3/4 may lead to a gain into a $4.71-3/4 to $4.76 range, while a break below $4.64-1/4 could trigger a fall into a $4.57 to $4.60-3...Reuters
2 hours ago
Japan not planning Hormuz escort mission, PM Takaichi says
By Tim KellyTOKYO, March 16 (Reuters) - Japan has no plan to dispatch naval vessels to escort vessels in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to protect tankers traversing through the Strait of Hormuz. "We have not made...Reuters
3 hours ago
TECHNICALS-CBOT soybeans may retest support at $11.92-1/4
For more technical analyses, please click SINGAPORE, March 16 (Reuters) - The CBOT soybean May contract SK26 may retest a support at $11.92-1/4 per bushel, a break below could trigger a fall into the $11.78 to $11.86-1/4 range.Following its steep drop from $12.33-3/4 on March 8, the contract briefly...Reuters
3 hours ago
Nebraska battles largest-ever wildfire and other blazes as more than 600,000 acres burn
By Kenrick Cai SAN FRANCISCO, March 15 (Reuters) - Multiple wildfires, including the largest in Nebraska's history, have burned through more than 600,000 acres of the state, local officials said Sunday.As of Saturday, the biggest wildfire, the Morrill Fire, had burned 460,000 acres and killed...Reuters
3 hours ago
Japan Not yet Planning Hormuz Escort Mission, Pm Takaichi Says
TOKYO, March 16 (Reuters) - Japan does not currently plan to dispatch naval vessels to escort ships in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to help escort tankers through the Strait of Hormuz.Reuters
3 hours ago
GRAINS-Chicago soybeans fell as global market grapples with Iran crisis
Beijing, March 16 (Reuters) - Chicago soybean futures fell on Monday after hitting a near two-year high last week, as oil prices slipped and the market grappled with further disruptions from the Iran crisis. FUNDAMENTALSThe most-active soybean contract on the Chicago Board of Trade Sv1 fell 2% ...Reuters
3 hours ago
WRAPUP 13-Trump demands other countries help secure vital Strait of Hormuz as Iran vows defiance
Trump says U.S. is talking to seven nations about securing Strait of Hormuz US officials predict quick end to conflict, oil price dropIran asserts strength, rejects any talks with USGlobal oil supply disrupted, Strait of Hormuz remains closedBy Maya Gebeily, Emily Rose and Jarrett Renshaw DUBAI/J...Reuters
3 hours ago
US Dollar Index remains above 100.00 after pulling back from nearly 10-month highs
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, retreats after touching a near 10-month high of 100.54 in the previous session, trading around 100.20 during Asian hours on Monday.Fxstreet
4 hours ago
