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CORRECTED-Fans of niche Japanese crisps brand panic after oil shortage halts production
TOKYO, March 17 (Reuters) - Die-hard fans of a niche Japanese crisps brand took to the internet on Tuesday to lament a production halt the snack maker Yamayoshi Seika blamed on a shortage of heavy oil caused by the conflict in the Middle East.The U.S. and Israel's war on Iran and the resulting e...Reuters
5 minutes ago
Oil: Supply risks and reserves shape outlook – Commerzbank
Commerzbank’s Commodity Analyst Carsten Fritsch compares current Oil disruptions from the Strait of Hormuz blockade with the 1970s oil crises, highlighting record supply shortfalls and potential demand and supply adjustments over time.Fxstreet
8 minutes ago
UK to devolve more fiscal powers to regions, finance minister Reeves says
LONDON, March 17 (Reuters) - British finance minister Rachel Reeves said she is looking at ways to devolve more fiscal powers to different regions within the country, including some control of taxes, as part of efforts to drive growth and productivity. She said on Tuesday that officials were working...Reuters
13 minutes ago
US natural gas futures rise 2% as North Dakota output drops
US natural gas futures rise despite milder weather forecastsFreezing pipes in North Dakota reduce gas outputWaha Hub prices negative due to pipeline constraints in Permian BasinBy Scott DiSavino NEW YORK, March 17 (Reuters) - U.S. natural gas futures edged up about 2% on Tuesday on a drop in outp...Reuters
14 minutes ago
WRAPUP 8-Iran rejects de-escalation offers; Israel says it kills Iranian security chief
Iran rejects proposals to ease tensions, official says Israel's Katz says Iranian security chief killed in airstrikeHead of Basij militia also killed, Katz saysNo immediate comment by Iran on Katz's statementBy Parisa Hafezi, Jana Choukeir and Maayan Lubell DUBAI/JERUSALEM, March 17 (Reut...Reuters
25 minutes ago
UK finance minister Reeves sees upward pressure on inflation over coming months
LONDON, March 17 (Reuters) - British finance minister Rachel Reeves warned that the Iran conflict is likely to put upward pressure on inflation in the UK in the months to come, as she made a speech in the City of London financial district on Tuesday.Reuters
47 minutes ago
US weighs near $1 billion wind farm settlement for TotalEnergies, NYT reports
March 17 - U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies TTEF.PA as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.Under the terms of the proposed ...Reuters
53 minutes ago
CBOT Trends-Soybeans up 4-14 cents, corn up 1-2 cents, wheat down 2-3 cents
CHICAGO, March 17 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday:WHEAT - Down 2 to 3 cents per bushelWheat futures trended lower in early moves for a second straight session, alt...Reuters
an hour ago
METALS-Copper slips as Iran war, rising stocks stoke demand fears
March 17 (Reuters) - Copper dipped on Tuesday as Iran launched fresh attacks on U.S. allies in the Gulf and London Metal Exchange inventories climbed to their highest in 6-1/2 years, while aluminium was lifted by concerns over supply from the Middle East.Benchmark LME three-month copper CMCU3 was do...Reuters
an hour ago
Oil prices rise more than 1% after renewed Iranian attacks on UAE
Iran renews attacks on US Gulf alliesStrait of Hormuz disruption has halved UAE crude output Middle East crude benchmarks hit record highsBy Stephanie Kelly LONDON, March 17 (Reuters) - Oil prices rose by more than 1% on Tuesday, recovering some of the previous session's losses as Iranian att...Reuters
an hour ago
PRECIOUS-Gold steady as markets track Iran war tensions and await Fed decision
US Fed decision due on Wednesday Israel's Katz says Iran's security chief killedOil prices jump more than 2%By Ashitha Shivaprasad March 17 (Reuters) - Gold prices held steady on Tuesday, as market participants monitored the intensifying Iran conflict and awaited the U.S. Federal Reserve’...Reuters
an hour ago
EXCLUSIVE-EU's Kallas rejects Belgian PM's call to normalise Moscow ties, get cheap Russian energy
By Andrew Gray BRUSSELS, March 17 (Reuters) - European Union foreign policy chief Kaja Kallas pushed back on Tuesday against a call by Belgian Prime Minister Bart De Wever to normalise relations with Moscow and regain access to cheap Russian energy.De Wever's comments, in an interview with Be...Reuters
2 hours ago
RPT-ROI-China boosted crude stockpiles at start of 2026, but is not using them: Russell
By Clyde Russell LAUNCESTON, Australia, March 17 (Reuters) - China continued to boost its crude oil inventories in the first two months of the year as strong imports and domestic output exceeded an increase in refinery production.China's surplus of crude oil was 1.24 million barrels per day (...Reuters
2 hours ago
GRAINS-Soybeans steady as war worries push crude oil higher
PARIS/BEIJING, March 17 (Reuters) - Chicago soybean futures steadied on Tuesday, as renewed strength in crude oil prices linked to war headlines from the Middle East helped counter doubts over Chinese demand that had sent prices tumbling on Monday.Corn also regained ground while wheat ticked down.Th...Reuters
2 hours ago
EXCLUSIVE-Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say
KPC seeks non-binding offers by April 7 despite challengesSaudi Arabia asset sales among other deals continuingBy Hadeel Al Sayegh, Federico Maccioni and Andres Gonzalez March 17 (Reuters) - Macquarie MQG.AX has withdrawn from bidding for a stake in Kuwait's oil pipeline network worth up to $...Reuters
2 hours ago
Israel's IceCure Medical 2025 gross margin falls to 36% on higher costs
OverviewIsrael cryoablation device maker's 2025 revenue rose, driven by global sales growthGross margin for 2025 declined to 36% from 44% yr/yr, due to higher costsNet loss for 2025 narrowedOutlookCompany expects to on-board 30 hybrid commercial-clinical sites in U.S. for post-marketing study in...Reuters
2 hours ago
NORDIC POWER-Front-quarter prices rise on firm European gas prices and tight water reserves
March 17 (Reuters) - Nordic power prices for the front quarter to June edged up on Tuesday, supported by stronger European gas prices and lower water reserves in the hydropower-dependent region.Nordic front-quarter baseload power contract ENOFBLQc1 gained 0.15 euros to 57.75 euros per megawatt hour ...Reuters
2 hours ago
EXCLUSIVE-Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say
KPC seeks non-binding offers by April 7 despite challengesSaudi Arabia asset sales among other deals continuingBy Hadeel Al Sayegh, Federico Maccioni and Andres Gonzalez March 17 (Reuters) - Macquarie MQG.AX has withdrawn from bidding for a stake in Kuwait's oil pipeline network worth up to $...Reuters
2 hours ago
