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Trump opposes further strikes on Iranian energy sites after Israel hits South Pars, WSJ reports
March 18 (Reuters) - U.S. President Donald Trump does not want any further strikes on Iranian energy infrastructure after Israel's attack on the South Pars gas field on Wednesday, the Wall Street Journal reported, citing U.S. officials. Trump, who knew about the Israeli strike on South Pars in a...
Reuters
42 minutes ago
QatarEnergy reports 'extensive damage' after missile attacks on Ras Laffan
By Yomna Ehab and Jaidaa TahaMarch 18 (Reuters) - Qatar's state oil giant QatarEnergy said on Wednesday that Iranian missile attacks on Ras Laffan, the site of the country's core LNG processing operations, caused "extensive damage." "Emergency response teams were deployed immedia...
Reuters
47 minutes ago
CORRECTED-WRAPUP 11-Iran hits Qatar energy hub, targets Saudi Arabia, after huge gas field struck
Pars is Iran's sector of the world's largest gas deposit, shared with QatarQatar says energy-industry hub hitUS spy chief says Iran degraded, but intact and able to attack Iran confirms killing of Iranian intelligence ministerTehran strikes Israel after killing of security chief Larijani Isr...
Reuters
51 minutes ago
ANALYSIS-Iran war energy shock sparks global push to reduce fossil fuel dependence
After COVID-19, Ukraine invasion, third energy crisis of the 2020s triggers reassessment of supply vulnerabilitiesRenewables, EV dominance insulates China from oil price shockPoliticians in Japan, Europe and Taiwan seek nuclear power revivalRenewable energy shift risks creating new dependency on Chi...
Reuters
56 minutes ago
Israel steps up Beirut strikes, hits bridges in south Lebanon
Israel targets two bridges in south LebanonFears mount of large-scale Israeli ground operationAirstrikes target two Beirut buildings, a third destroyed At least 10 killed in Lebanese capital, authorities sayBy Laila Bassam, Mohamed Azakir, Tom Perry and Khalil Ashawi BEIRUT, March 18 (Reuters) - ...
Reuters
an hour ago
CIF/FOB Gulf Grain-Soybean basis eases on higher futures, slow export demand
CHICAGO, March 18 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals eased on Wednesday on weakening freight costs, seasonally slow export demand and firmer futures values, traders said.U.S. soybean export sales have slowed as global buyers are increasingly turnin...
Reuters
an hour ago
Argentine province eyes copper boom with up to $20 billion in exports by 2035
San Juan official expects $32 billion in copper investments in next decadeProvince to produce 1.2 million tons of copper annually by 2035Infrastructure challenges include road and energy networks, housing needsBy Lucila Sigal BUENOS AIRES, March 18 (Reuters) - Argentina's San Juan mining prov...
Reuters
an hour ago
Qatar declares security, military attache in Iran's embassy as persona non grata
CAIRO, March 18 (Reuters) - Qatar has declared the security and military attache in Iran's embassy as "persona non grata", asking them to leave the country within a period of maximum 24 hours, the foreign ministry said on Wednesday.Doha attributed the decision to Iran's repeated atta...
Reuters
2 hours ago
Oil settles up 4% after Iran threats to attack Gulf energy facilities
Oil exports from Iraq and Libya resume Wednesday amid security, economic challengesQatar refinery hit by missile attacks after Iran warningBrent futures traded above $100 for two straight sessions By Siddharth Cavale NEW YORK, March 18 (Reuters) - Oil prices closed up 4% on Wednesday after Iran...
Reuters
2 hours ago
Iranian missile causes "extensive damage" at Qatar's Ras Laffan
LONDON, March 18 (Reuters) - Qatar said on Wednesday that it had successfully intercepted four out of five ballistic missiles launched from Iran , while the fifth hit Ras Laffan Industrial City and caused " extensive damage ." Ras Laffan is where the core of QatarEnergy...
Reuters
2 hours ago
Vietnam: Energy shock risks growth and inflation – MUFG
MUFG’s Senior Currency Analyst Michael Wan argues that Vietnam faces a stagflationary shock if Strait of Hormuz disruptions persist, with higher Oil and energy costs hitting growth and lifting inflation.
Fxstreet
2 hours ago
Iraq resumes Kirkuk crude exports via Ceyhan after Baghdad-KRG deal
Crude oil exports resumed on WednesdayTensions rise over new electronic customs systemKRG seeks guarantees for safe oil productionBy Ahmed Rasheed, Yomna Ehab and Muayad Hameed BAGHDAD, March 17 (Reuters) - Crude exports from Iraq's Kirkuk fields to Turkey's Ceyhan port have resumed via p...
Reuters
2 hours ago
GRAINS-Chicago grains and oilseeds tick up on crude oil strength, Plains weather
By Renee Hickman CHICAGO, March 18 (Reuters) - Chicago grain and oilseed futures ticked up on Wednesday as money flowed toward those markets and crude oil gave corn and soybeans a boost. Meanwhile wheat climbed on concerns about dry soils in the U.S. Southern Plains, analysts said. The most-activ...
Reuters
2 hours ago
Argentine province eyes copper boom with $15-20 bln in exports by 2035
BUENOS AIRES, March 18 (Reuters) - Argentina's San Juan mining province aims to become a major copper exporter by 2035, the country's production minister said, projecting the province's annual copper exports could reach between $15 billion and $20 billion by that year. Production Ministe...
Reuters
2 hours ago
US airport security absences decline slightly as shutdown continues
TSA absences at major airports remain high, impacting operationsAirlines urge quick resolution as spring travel season beginsPotential shutdown of smaller airports due to staff shortagesTSA officer absences peaked at 10.2% on TuesdayAirlines face potential disruptions similar to last fall's 43-d...
Reuters
3 hours ago
US poised to waive summer gasoline regulations to ease prices, sources say
By Jarrett RenshawMarch 18 (Reuters) - The Trump administration is expected to announce soon that it will temporarily lift federal smog-cutting restrictions on summer-blend gasoline to curb rising energy prices stemming from the Iran conflict, according to three sources familiar with the matter.The ...
Reuters
3 hours ago
Anglo American expects final approval for Teck Resources merger between September and March
SAO PAULO, March 18 (Reuters) - London-listed mining company Anglo American AAL.L expects to get final regulatory approval for its merger with Teck Resources TECKb.TO between September this year and March 2027, a spokesperson said on Wednesday. The company clarified its expectations for approval fro...
Reuters
3 hours ago
US waives shipping regulation to ease fuel, fertilizer deliveries
Foreign-flagged vessels can move fuel between domestic portsAmerican Maritime Partnership 'deeply concerned' about US jobsRisk advisor doubts that the step will help lower prices muchBy Jarrett RenshawWASHINGTON, March 18 (Reuters) - President Donald Trump's administration on Wednesday a...
Reuters
3 hours ago
PRECIOUS-Gold holds losses after Fed decision, drops to over one-month low
Iran's huge Gulf gas field struck in major escalationFed calls inflation somewhat elevatedUS producer prices surge in FebruaryBy Ashitha Shivaprasad March 18 (Reuters) - Spot gold continued to trade lower after the Federal Reserve's latest policy decision on Wednesday, having hit a more t...
Reuters
3 hours ago
Ferrero agrees deal for Brazilian protein snacking company Bold Snacks
By Alexander MarrowLONDON, March 18 (Reuters) - The owner of Ferrero Rocher on Wednesday said it had agreed to acquire Brazilian protein snacking company Bold Snacks for an undisclosed sum, in a deal that gives the Italian group greater exposure to the growing number of consumers looking for high-pr...
Reuters
3 hours ago
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