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US, Japan to focus rare earths cooperation on select group of minerals at first
WASHINGTON, March 19 (Reuters) - The U.S. and Japan on Thursday released an action plan for their efforts to develop alternatives to China for critical minerals and rare earths supply chains, focusing initially on price floors for a select group of minerals.A joint U.S.-Japan statement released by t...Reuters
27 minutes ago
US may remove sanctions on Iranian oil stranded in tankers, Bessent says
Sales of stranded Iranian oil would release 140 million barrels, Bessent says Iran move could be similar to temporary waiver on Russian seaborne oil, source saysTrump lauds Japanese prime minister for 'stepping up' on energy prices, Hormuz straitBy David Lawder and Doina Chiacu WASHINGTON...Reuters
30 minutes ago
GRAINS-Chicago grains extend gains as Middle East war disrupts fuel, fertilizer markets
By Renee Hickman CHICAGO, March 19 (Reuters) - Chicago soybean, corn and wheat futures extended gains on Thursday as attacks on oil and gas facilities in the Middle East heightened concerns about the war disrupting energy and fertilizer supplies, analysts said. Brent oil prices LCOc1 jumped above...Reuters
36 minutes ago
CBOT wheat firmed as war cuts off fertilizer supplies
CHICAGO, March 19 (Reuters) - Chicago Board of Trade wheat futures ticked up on Wednesday as fertilizer became harder to access, analysts said. But Kansas City winter wheat gave up some of Wednesday's steep gains as showers were forecast in the parched U.S. Southern Plains. The U.S.-Israeli war ...Reuters
37 minutes ago
CBOT soybean futures rise on crude oil, fertilizer disruptions
CHICAGO, March 19 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday on expectations for improving demand from biofuels producers amid the Middle East conflict, as well as impacts to fertilizer supplies. Brent oil prices LCOc1 jumped above $119 a barrel after Iran attacked energy fa...Reuters
39 minutes ago
Brent up but off highs, US crude finishes with small loss
Easing Iran crude sanctions, new SPR release bring prices downQatar, Saudi Arabia, Kuwait hit by Iran missile strikes overnightBrent falls $11 from session high over $119By Erwin Seba HOUSTON, March 19 (Reuters) - Brent crude was up on Thursday but well off session highs of $119 a barrel whil...Reuters
40 minutes ago
US pump prices jump 30% since Middle East war began, headed toward $4 a gallon
Average pump price on Thursday was $3.88 a gallon, AAA saysGasoline to hit $4/gallon next week, head higher, GasBuddy saysLast time US gasoline was $4 a gallon was in August, 2022By Nicole Jao NEW YORK, March 19 (Reuters) - U.S. gasoline pump prices have jumped more than 30% this month, moving to...Reuters
43 minutes ago
Cheniere, Venture Global shares surge amid Iran attacks on Qatar LNG infrastructure
Iran attacks disrupt Qatar's LNG output, impacting global energy marketsCheniere and Venture Global shares surge amid supply concernsAnalysts warn of prolonged outages affecting LNG prices and demandBy Curtis Williams and Scott DiSavino HOUSTON, March 19 (Reuters) - Shares of U.S. liquefied n...Reuters
46 minutes ago
CBOT corn futures end higher on fuel and fertilizer disruptions
CHICAGO, March 19 (Reuters) - Chicago Board of Trade corn futures ticked up on Thursday as war in the Middle East caused disruptions to fuel and fertilizer markets. Brent oil prices LCOc1 jumped above $119 a barrel after Iran attacked energy facilities across the Middle East following Israel's s...Reuters
52 minutes ago
US issues new 30-day waiver for sale of Russian oil, adding Cuba, N.Korea exceptions
March 19 (Reuters) - The United States issued a new general license on Thursday to replace an earlier waiver for the sale of Russian-origin crude oil and petroleum products loaded on tankers as of March 12, according to the U.S. Treasury Department.The license, which expires on April 11, replaces an...Reuters
58 minutes ago
Ukraine’s Zaporizhzhia nuclear power plant faces constraints in electrical maintenance, IAEA says
March 19 (Reuters) - The fragility of Ukraine's Zaporizhzhia Nuclear Power Plant in the face of limited off-site power options is putting constraints on electrical maintenance, IAEA Director General Rafael Grossi said on Thursday.The Russian-held Zaporizhzhia nuclear power plant in southeastern ...Reuters
59 minutes ago
EXCLUSIVE-Americans believe Trump will send troops into Iran, and don't like the idea, Reuters/Ipsos poll finds
Most Americans expect large-scale ground troop deployment to IranFew Americans support a large-scale ground operation, but many Republicans back sending special forcesEnergy prices have surged as war has escalatedBy Jason Lange WASHINGTON, March 19 (Reuters) - Some 65% of Americans believe U.S. P...Reuters
an hour ago
US Plains HRW Wheat-Basis steady as traders keep sharp eye on drought concerns
CHICAGO, March 19 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady in most markets in the southern U.S. Plains on Thursday in muted trade, as traders continued to assess weather risks to the crop, merchandisers said.Protein premiums for railcar wheat to and through Kansas City rose...Reuters
an hour ago
US natgas futures climb 3% to one-week high after Iran hits Qatar LNG site
Iranian attacks damage Qatar LNG facilities, impacting global supplyUS gas prices rise despite mild weather and low heating demandUS LNG exports at capacity, limiting response to global price spikesBy Scott DiSavino NEW YORK, March 19 (Reuters) - U.S. natural gas futures jumped about 3% to a ...Reuters
an hour ago
US issues new license authorizing sale of Russian oil on tankers as of March 12
March 19 (Reuters) - The United States has issued a new general license allowing the delivery and sale of Russian-origin crude oil and petroleum products loaded on tankers as of March 12, according to the U.S. Treasury Department.Reuters
an hour ago
Nebraska fires burn grazing lands, threaten plans to grow US cattle herd
Wildfires burn nearly 775,000 acres in NebraskaLand is a grazing resource for about 40,000 cowsProducers look for alternative pasture lands, feedBy Tom Polansek CHICAGO, March 19 (Reuters) - Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers' ...Reuters
2 hours ago
WRAPUP 8-Central banks stand ready to tackle war-led inflation
US, Canada, Japan, BoE, ECB keep rates on hold Central bankers on alert for inflation surgeAttacks on energy infrastructure mark new phase Some analysts speak of rising "stagflation" risk By William Schomberg and Balazs Koranyi LONDON/FRANKFURT, March 19 (Reuters) - Top central banks said...Reuters
2 hours ago
US says TSA absences rose slightly to 10.2% Wednesday
WASHINGTON, March 19 (Reuters) - Overall absences among Transportation Security Administration airport security officers rose to 10.2% on Wednesday, up slightly as a partial government shutdown continues, the government said on Thursday.The absenteeism rate was much higher at some major airports on ...Reuters
2 hours ago
US crude heads to Asia via Panama Canal as Iran crisis redraws trade flows
At least 3 vessels from US Gulf Coast to Asia to head via Panama CanalMedium-sized tankers chosen despite higher costs per barrelJones Act waiver may boost Panama Canal trafficBy Arathy SomasekharHOUSTON, March 19 (Reuters) - Asian refiners are increasingly sending medium-sized crude cargoes from th...Reuters
2 hours ago
IEA: crude oil to make up bulk of record stockpile release
PARIS, March 19 (Reuters) - The International Energy Agency (IEA) on Thursday detailed the breakdown of its previously agreed record release of around 400 million barrels of oil from strategic stockpiles to deal with the effects of the U.S-Israeli war with Iran, adding that crude oil would make up t...Reuters
2 hours ago
