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HSBC Raises 2026 TTF Gas Price Forecast
March 16 (Reuters) - HSBC:says it is raising 2026 TTF forecast to $14/mBtu (from $10) in note dated march 11says it is also raising 2027e TTF price to $10/mBtu (from $8.5/mBtu), as delayed LNG projects push back the looming supply glut to 2028says forecast for 2028 and beyond remains at $8.5/mBtusay...Reuters
7 minutes ago
Trump says some countries are not enthusiastic about helping unblock Hormuz strait
Trump urges nations to help police Hormuz Strait amid Iran tensionsU.S. allies hesitant to send ships, Germany, Spain, Italy rule out participationOil prices rise, complicating Trump's domestic agenda and midterm prospectsBy Bo Erickson and Humeyra Pamuk WASHINGTON, March 16 (Reuters) - ...Reuters
14 minutes ago
Trump on Iran: we don't know their leaders
WASHINGTON, March 16 (Reuters) - President Donald Trump said on Monday that he believes Iran wants to make a deal to end the U.S.-Israeli conflict with Tehran, adding it was unclear who is speaking for Iran. "We don't know their leaders," he said during an event at the White House.Reuters
16 minutes ago
FACTBOX-Analysts hike oil price outlooks as Iran conflict enters third week
March 16 (Reuters) - Major brokerages have revised their 2026 average oil price forecasts as the U.S.-Israeli war on Iran enters its third week, with the conflict having sent oil prices surging more than 40% this month. Bank of America raised its Brent crude oil forecast for 2026 to $77.50 a barr...Reuters
17 minutes ago
Trump says France is keen to help on the Strait of Hormuz
WASHINGTON, March 16 (Reuters) - U.S. President Donald Trump on Monday said he had spoken to French President Emmanuel Macron, who he said was willing to help unblock the Strait of Hormuz.Trump, speaking at a White House event, said Secretary of State Marco Rubio would be announcing the names of the...Reuters
21 minutes ago
EU has 'no appetite' to expand Mideast naval mission to Strait of Hormuz, Kallas says
BRUSSELS, March 16 (Reuters) - European Union foreign ministers showed a "clear wish" to strengthen a naval mission in the Middle East but had no appetite to expand its mandate to the Strait of Hormuz for the time being, EU foreign policy chief Kaja Kallas said on Monday. "There was in o...Reuters
25 minutes ago
BofA, Standard Chartered raise Brent price forecast on Strait of Hormuz impasse
By Anmol Choubey March 16 (Reuters) - Bank of America and Standard Chartered on Monday raised their 2026 oil price forecasts, citing a prolonged supply shock from the shutdown of the Strait of Hormuz and the likelihood of a long‑tail disruption to global energy markets.Bank of America raised its ...Reuters
30 minutes ago
GCC committee meets to discuss refined product supplies, Saudi state TV says
CAIRO, March 16 (Reuters) - A regional emergency plan committee for petroleum products of the Gulf Cooperation Council held an urgent meeting to discuss regional developments, ensure the readiness of national and regional plans and maintain the continuity of refined product supplies, Saudi state-run...Reuters
41 minutes ago
Trump: some countries are not enthusiastic about helping reopen Strait of Hormuz
WASHINGTON, March 16 (Reuters) - President Donald Trump on Monday repeated his call to nations to help reopen the shipping traffic in the Strait of Hormuz, saying some countries told him they were on the way and others were not that enthusiastic about helping.Trump was speaking ahead of a lunch at t...Reuters
57 minutes ago
European action on Middle East energy disruptions must be targeted and temporary, von der Leyen says
BRUSSELS, March 16 (Reuters) - Europe's response to disruption to oil and gas and spikes in energy prices in the Middle East must be temporary and targeted, European Commission President Ursula von der Leyen said on Monday."It is important that any short-term measures do not delay the decarb...Reuters
58 minutes ago
GRAINS-Soybeans fall on potential Trump-Xi meeting delay, wheat and corn also drop
By Renee Hickman CHICAGO, March 16 (Reuters) - Chicago soybeans experienced their biggest daily drop since 2023 on Monday after hitting near two-year highs last week as a potential delay in U.S President Donald Trump's meeting with Chinese President Xi Jinping later in March dampened hopes of...Reuters
59 minutes ago
More than 8,000 US flights delayed, canceled due to major storms
March 16 (Reuters) - More than 8,000 U.S. flights were delayed or canceled Monday amid a series of storms impacting airports along the East Coast and other major hubs.The U.S. government said it was ordering federal employees to leave offices by 2 p.m. EDT Monday because of the risks of high winds a...Reuters
an hour ago
ANALYSIS-Gulf importers race to reroute as Hormuz closure jolts supply chains
Gulf states heavily reliant on imports Trucking demand surges, smaller ports face congestion and delaysReroutes and workarounds adding to costsPorts outside of Strait of Hormuz under attack By Sarah El Safty DUBAI, March 16 (Reuters) - Importers across the Gulf are scrambling to secure alternativ...Reuters
an hour ago
British Airways Extends Temporary Reduction In Flying Schedule In Middle East
March 16 (Reuters) - British Airways:BRITISH AIRWAYS: EXTENDED TEMPORARY REDUCTION IN OUR FLYING SCHEDULE IN MIDDLE EASTBRITISH AIRWAYS: OPERATING ADDITIONAL FLIGHTS TO & FROM SINGAPORE, BANGKOK; CONTINUE TO REVIEW OPTIONS TO BRING BACK CUSTOMERS WHO HAVE BEEN DISRUPTEDReuters
an hour ago
Trump-Xi meeting could be delayed, White House says
Trump's China trip may be delayed due to Iran war focusTensions rise over Iran crisis, trade, and Taiwan issuesPreparations for Trump-Xi meeting continue despite potential delayBy Trevor Hunnicutt and Nandita Bose WASHINGTON, March 16 (Reuters) - Donald Trump's highly anticipa...Reuters
an hour ago
Nth Cycle signs $1.1 billion lithium offtake deal with Trafigura
March 16 (Reuters) - Critical metals refining company Nth Cycle said on Monday it has signed a 10-year binding offtake agreement to supply nickel and lithium carbonate to commodities trader Trafigura for about $1.1 billion.The deal, which was inked at the sidelines of the Indo-Pacific Energy Securit...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
Trump's Iran war duties, not China disputes, could delay Beijing summit, Bessent says
Trump may need to stay in Washington as commander-in-chief on Iran, Bessent saysUS, China conclude trade talks aimed at teeing up deals for Trump, Xi to consider New US unfair trade probes a source of tension in talks US, China seek to explore new ways to manage trade, investmentsChina's stance ...Reuters
2 hours ago
WRAPUP 7-Israel says it has plans for at least three weeks of war as airstrikes pound Iran
US-Israeli war on Iran enters third week, impacting global oil pricesIran fires at Israel, launches drone attacks on UAE, BahrainTrump pressures allies to help reopen Strait of Hormuz, warns NATO of consequencesIsrael has at least three weeks of plansBy Alexander Cornwell and Parisa Hafezi TEL AV...Reuters
2 hours ago
