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UK to devolve more fiscal powers to regions, finance minister Reeves says
LONDON, March 17 (Reuters) - British finance minister Rachel Reeves said she was 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.Reeves said on Tuesday, in a speech in London&#...Reuters
5 minutes ago
Silver slumps to $79 despite softer US Dollar, falling US yields
Silver prices retreated nearly 2% on Tuesday, even as the Greenback remained softer and US Treasury yields fell. Higher Crude Oil prices pressure the white metal. which is down 1.81% in the week, while risk appetite improves.
Fxstreet
7 minutes ago
Canada electricity demand, natural gas production to accelerate by 2050, regulator says
CALGARY, March 17 (Reuters) - A long-term outlook from the Canada Energy Regulator on Tuesday says both electricity demand and Canadian natural gas production will accelerate by 2050.The regulator analyzed a variety of potential scenarios, including a baseline that assumes existing government polici...Reuters
17 minutes ago
France will never take part in operations to unblock Hormuz Strait amid hostilities, says Macron
Paris distances itself from Trump’s commentsFrance plans post‑war coalition for Hormuz securityAny mission needs calm, and talks with Iran first, Macron saysBy John Irish and Michel Rose PARIS, March 17 (Reuters) - President Emmanuel Macron said on Tuesday France would never take part in operatio...Reuters
34 minutes ago
Venezuela's PDVSA ratifies Asdrubal Chavez as head of US units including Citgo
CARACAS, March 17 (Reuters) - The board of directors of Venezuela's state-run PDVSA this week ratified Asdrubal Chavez as head of the oil company's U.S. subsidiaries PDV Holding, Citgo Holding and Citgo Petroleum, a document seen by Reuters showed, a decision that follows U.S. President Dona...Reuters
36 minutes ago
Turkey ready to host next round of Russia-Ukraine talks, Fidan tells Lavrov
ANKARA, March 17 (Reuters) - Turkish Foreign Minister Hakan Fidan reiterated that Turkey is ready to host the next round of negotiations between Russia and Ukraine, during a phone call with Russian Foreign Minister Sergei Lavrov on Tuesday, Turkey's foreign ministry said.Fidan underlined the ris...Reuters
39 minutes ago
NATO countries don't want to get involved in Iran operation, Trump says
March 17 (Reuters) - President Donald Trump said on Tuesday that the U.S. had been informed by most of its NATO allies that they did not want to get involved with the country's military operation in Iran."Because of the fact that we have had such Military Success, we no longer 'need,'...Reuters
44 minutes ago
NATO countries don't want to get involved in Iran operation, Trump says
March 17 (Reuters) - U.S. President Donald Trump said in a Truth Social post on Tuesday that U.S. had been informed by most of its NATO allies that they did not want to get involved with the country's military operation in Iran.Reuters
47 minutes ago
Ukraine accepts EU offer to help restore Druzhba pipeline, repairs to take time
EU offering technical, funding support to restart DruzhbaHungary, Slovakia cut off from Russian oil flows since JanuaryKyiv says pipeline needs repairs after Russian strikeHungarian, Slovak governments say Kyiv is delaying restart BRUSSELS, March 17 (Reuters) - Ukraine accepted the European Union...Reuters
49 minutes ago
Russia's March oil and gas revenues expected to fall 52% year-on-year
March 17 (Reuters) - Russia's federal budget proceeds from taxes on oil and gas are expected to drop by 52% in March to 520 billion roubles ($6.4 billion) from the same month in 2025 due to weaker oil prices and a stronger rouble, Reuters calculations showed on Tuesday.The rise in international ...Reuters
53 minutes ago
Oil prices rise 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 more than 1% on Tuesday, as renewed Iranian attacks on the United Arab Emirates heightened conc...Reuters
55 minutes ago
RPT-Europe should prepare measures to support consumers, business as energy prices soar, says Greek PM
ATHENS, March 17 - Greek Prime Minister Kyriakos Mitsotakis on Tuesday said that Europe should prepare short- and long-term measures to support consumers and businesses as energy prices soar due to conflict in Middle East.Reuters
an hour ago
PRECIOUS-Gold steady as markets track Iran war tensions and await Fed decision
Iran rejects de-escalation offersIsrael's Katz says Iran's security chief killedOil prices jump more than 1%By Ashitha Shivaprasad March 17 (Reuters) - Gold prices held nearly steady on Tuesday, as market participants monitored the intensifying Iran conflict and awaited the U.S. Federal R...Reuters
an hour ago
Cuba reconnects electrical grid but millions still without power
By Dave Sherwood and Daniel Trotta March 17 (Reuters) - Cuba has reconnected its electrical grid across much of the island, the Energy and Mines Ministry said early on Tuesday, just hours after U.S. President Donald Trump escalated his rhetoric against the communist-run island, saying he could d...Reuters
an hour ago
Trump invites farmers, biofuels producers to White House event
White House agriculture event amid biofuel quota fightRefiners warn mandates could lift fuel pricesFarmers eye stronger crop demand from mandatesBy Jarrett RenshawMarch 17 (Reuters) - U.S. President Donald Trump has invited farmers and biofuel producers to an agriculture event at the White House nex...Reuters
an hour ago
France will never take part in operations to unblock Hormuz Strait amid hostilities, says Macron
PARIS, March 17 (Reuters) - President Emmanuel Macron said France would never take part in operations to unblock the Strait of Hormuz, and that France was carrying on with work to prepare a coalition that could provide freedom of navigation once hostilities ended. "We are not party to the confli...Reuters
an hour ago
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
2 hours 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
2 hours 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
2 hours ago
