News
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Trump seeks to delay meeting with China's Xi by 'a month or so'
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 Bo Erickson and Trevor Hunnicutt WASHINGTON, March 16 (Reuters) - U.S. President Donald Trump on Mond...Reuters
16 minutes ago
CANADA-CRUDE-Discount on Western Canada Select widens
March 16 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Monday.WCS for April delivery in Hardisty, Alberta, settled at $13.75 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with ...Reuters
30 minutes ago
ANALYSIS-Gulf states press US to neutralise Iran for good as Hormuz crisis deepens
Gulf states now urge Washington not to stop short, sources say US presses Gulf states to join war, according to diplomatsGulf anger hardened after Iran struck oil hubs, ports, citiesQuick end might let Iran threaten oil lifeline again in future Gulf leaders see degrading Iran’s power as long-term pr...Reuters
30 minutes ago
Operations at UAE's Shah gas field suspended after drone attack, media office says
CAIRO, March 16 (Reuters) - Operations at the United Arab Emirates' Shah gas field have been suspended while damage is being assessed following a drone attack, Abu Dhabi's media office said on Monday. Authorities contained and brought the fire caused by the attack under control, the medi...Reuters
31 minutes ago
FAA to resume hearing Thursday on plan to reduce flights at Chicago O'Hare
By David ShepardsonWASHINGTON, March 16 (Reuters) - The Federal Aviation Administration on Monday said it will resume a meeting on Thursday with airlines to cut flights at Chicago O'Hare International Airport.The FAA said it wants to cut flights this summer to 2,608 per day after last month prop...Reuters
35 minutes ago
ANALYSIS-Gulf states press US to neutralise Iran for good as Hormuz crisis deepens
Gulf states now urge Washington not to stop short, sources say US presses Gulf states to join war, according to diplomatsGulf anger hardened after Iran struck oil hubs, ports, cities Quick end might let Iran threaten oil lifeline again in future Gulf leaders see degrading Iran’s power as long-term p...Reuters
36 minutes ago
JBS workers launch first US meatpacking strike in 40 years, union says
Workers strike over pay, equipment at Colorado beef plantJBS may not want to resolve dispute quickly, economists sayUS consumers face record costs for steaks, hamburgersBy Tom Polansek CHICAGO, March 16 (Reuters) - Striking JBS Z98.F employees took to the streets of Greeley, Colorado, before sunr...Reuters
47 minutes ago
CORRECTED-WRAPUP 8-Trump upset as key US partners shun call for Hormuz warship escorts
US-Israeli war on Iran enters third week, boosting global oil pricesSeveral allies decline US call to escort shipping in HormuzIsrael has at least three weeks of plans for military strikesIran fires at Israel, launches drone attacks on UAE and BahrainBy Bo Erickson, Maayan Lubell and Parisa Hafezi ...Reuters
an hour ago
Cuba's national electric grid collapses, leaving millions without power
US oil blockade worsens Cuba's power crisisTrump cut off Venezuelan oil shipments to CubaAround 10 million people left without power By Dave Sherwood HAVANA, March 16 (Reuters) - Cuba's national electric grid collapsed on Monday, the country's grid operator said, leaving around 10 mil...Reuters
an hour ago
More than 12,500 US flights delayed or canceled due to major storms
By David ShepardsonWASHINGTON, March 16 (Reuters) - More than 12,500 U.S. flights were delayed or canceled Monday during a series of storms affecting several major airports along the East Coast and some other locales.Because of the risk of high winds and severe thunderstorms, the Federal Aviation Ad...Reuters
an hour ago
FAA to resume hearing Thursday to cut flights at Chicago O'Hare
WASHINGTON, March 16 (Reuters) - The Federal Aviation Administration on Monday said it will resume a meeting on Thursday with airlines to sharply cut flights at Chicago O'Hare International Airport.The FAA said it wants to cut flights this summer to 2,608 per day after last month proposing a 2,8...Reuters
2 hours 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, falling to their daily limit on Monday after hitting near two-year highs last week as a potential delay to U.S. President Donald Trump's meeting with Chinese President Xi Jinping l...Reuters
2 hours ago
US to sign MOU with Brazilian state of Goias on critical minerals, rare earths
RIO DE JANEIRO, March 16 (Reuters) - The U.S. government is set to sign a memorandum of understanding with the Brazilian state of Goias to strengthen cooperation in critical minerals and rare earths, the U.S. Consulate in Sao Paulo said on Monday.The agreement, which will be signed on Wednesday, see...Reuters
2 hours ago
Sable restarts disputed California pipeline under Trump emergency order
Pipeline restart critical to Santa Ynez offshore oil projectPipeline had been shut since Barbara County oil spill in 2015Restart under emergency orders by Trump administrationCalifornia continues to fight to block Santa Ynez projectBy Shariq Khan, Nichola Groom and Tanay Dhumal March 16 (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
Oil prices slide 3% as some ships transit Strait of Hormuz
Trump urges nations to help unblock Strait of HormuzWTI prices fall due in part to U.S. crude output and reserve releasesIEA may release more oil to combat price spikesBy Scott DiSavino NEW YORK, March 16 (Reuters) - Oil prices slid about 3% on Monday after some vessels sailed through the cri...Reuters
2 hours ago
CBOT wheat dips, following overall grains market
CHICAGO, March 16 (Reuters) - Chicago Board of Trade wheat futures fell in sympathy with soybeans and corn on Monday, but worries about cold weather in the U.S. Plains gave K.C. hard red winter wheat futures some support. Wheat futures eased following soybeans in particular. The oilseeds fell to th...Reuters
2 hours ago
US natural gas futures slide 3% as output climbs, demand wanes
Mild weather boosts gas storage, lowers demandLNG export feedgas eases despite global price surgeWaha Hub prices negative due to pipeline constraintsBy Scott DiSavino NEW YORK, March 16 (Reuters) - U.S. natural gas futures fell about 3% on Monday on a slow rise in output so far this month and...Reuters
3 hours ago
FACTBOX-Storms knock out power to 266,000 across US Midwest, Mid-Atlantic and South
March 16 (Reuters) - More than 266,000 homes and businesses were without power on Monday as severe storms battered the U.S. Midwest and Mid-Atlantic region, according to data from PowerOutage.us. Michigan was hardest hit with around 123,765 outages, representing about 2.4% of the state's 5.1 mil...Reuters
3 hours ago
