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Kuwait says Iran drone attack sets airport fuel tanks ablaze, no casualties
April 1 (Reuters) - An Iranian drone attack struck fuel tanks at Kuwait International Airport on Wednesday, sparking a massive fire but causing no casualties, Kuwait's state news agency KUNA said.The latest of several attacks on the airport and fuel storage there came as the U.S.-Israeli war on ...Reuters
3 minutes ago
Asia barters for scarce energy as Iran crisis throttles supplies
Indonesia, India seek energy swap deals with JapanChina export ban hastens hunt for alternative suppliers South Korea, Sri Lanka turn to Russia for relief'Frenzied' search for fuel looms, New Zealand official says By Kentaro Okasaka, Uditha Jayasinghe and Lucy Craymer TOKYO/COLOMBO/WEL...Reuters
13 minutes ago
Rubio says Venezuela will ultimately need transition phase, free elections
By Kanishka Singh WASHINGTON, March 31 (Reuters) - U.S. Secretary of State Marco Rubio on Tuesday said there will have to be a transition phase in Venezuela and the country will need free and fair elections, though he added that there needs to be patience until that point is reached."Ultimate...Reuters
22 minutes ago
Kuwait says Iran drone attack sets ablaze airport fuel tanks
April 1 (Reuters) - An Iranian drone attack targeted fuel tanks at Kuwait's international airport, sparking a large fire but causing no casualties, Kuwaiti state news agency KUNA said on Wednesday.Emergency teams rushed to the site, but initial reports showed only material damage at the facil...Reuters
41 minutes ago
Gold Price Rebounds Strongly to $4,700 Mark. But March Still Records Significant Pullback
TradingKey - During Wednesday’s Asian trading session, international gold prices surged, breaking through the $4,700 threshold intraday to reach a new periodic rebound high. This followed signals from both the U.S. and Iran expressing a willingness to end the conflict. Driven by this, capital flowed back into risk assets, while gold, which experienced a sharp decline in March, also recorded synchronized gains.
TradingKey
49 minutes ago
WRAPUP 3-Trump says the US could end the Iran war in two to three weeks
Trump says US will be leaving Iran 'very soon'President plans national address on IranTehran threatens to target major US companies in retaliationChina and Pakistan urge ceasefireHeavy strikes in Beirut, security sources sayBy Nandita Bose, Steven Scheer and Yomna Ehab WASHINGTON/JERUSALE...Reuters
an hour ago
PRECIOUS-Gold ticks up on weaker dollar, Mideast de-escalation hopes grow
April 1 (Reuters) - Gold prices rose on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as U.S. President Donald Trump said the war with Iran could wind down within weeks. FUNDAMENTALSSpot gold XAU= rose 0.7% to $4,700.41 per ounce by 0109 GMT, its highest level since Ma...Reuters
an hour ago
Front-month Brent oil futures extend gains after record monthly rise in March
By Colleen Howe BEIJING, April 1 (Reuters) - Oil prices ticked up in early Wednesday trade, with Brent front-month futures extending a record March rally as Middle East volatility kept markets jittery, despite reports that the U.S. and Iran may be edging closer to a negotiated end to the war.The ...Reuters
2 hours ago
Tanker hit by projectile off Qatar, crew safe, UKMTO says
April 1 (Reuters) - A tanker was hit by an unknown projectile about 17 nautical miles north of Qatar's Doha, causing damage to the hull above the waterline, the United Kingdom Maritime Trade Operations (UKMTO) said on Wednesday, adding that the vessel's crew were safe.There is no environment...Reuters
2 hours ago
GRAINS-Corn rises for 2nd session on outlook for lower U.S. planting
SINGAPORE, April 1 (Reuters) - Chicago corn futures gained more ground on Wednesday, supported by robust demand and expectations that U.S. farmers will plant fewer acres this spring, tightening supply prospects.Wheat rose on worries about dryness hurting the U.S. winter crop. FUNDAMENTALSThe mos...Reuters
3 hours ago
Brazil's Petrobras plans 55% hike in jet fuel prices, airline says
SAO PAULO, March 31 (Reuters) - Abra Group, the holding company that controls airline Gol GOLL54.SA, said on Tuesday that Brazilian state-run oil firm Petrobras PETR3.SA will raise jet fuel prices by about 55% starting April 1.The move follows higher global oil prices linked to the U.S.-Israeli war ...Reuters
3 hours ago
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
March 31 (Reuters) - Microsoft MSFT.O, Chevron CVX.N and investment fund Engine No. 1 have entered into an exclusivity agreement for power generation and supply, the three companies said on Tuesday. Technology companies, including Microsoft, are rushing to secure electricity supply for their rap...Reuters
3 hours ago
Chevron, Microsoft, Engine No. 1 Entered Into Agreement Related To Proposed Power Generation & Electricity Offtake Arrangement
March 31 (Reuters) - Chevron Corp CVX.N:CHEVRON: MICROSOFT, CO, ENGINE NO. 1 ENTERED INTO AGREEMENT RELATED TO PROPOSED POWER GENERATION AND ELECTRICITY OFFTAKE ARRANGEMENTCHEVRON ON AGREEMENT: NO COMMERCIAL TERMS HAVE BEEN FINALIZED, THERE IS NO DEFINITIVE AGREEMENT AT THIS TIMESource text: [ID:]Reuters
4 hours ago
US oil output fell the most in 2 years during January winter storm, EIA data shows
US crude oil output fell to near one-year low in JanuaryUS gasoline demand fell sharply, diesel demand rose due to cold weather in JanuaryUS Gulf Coast refiners imported most crude from Venezuela in January since March 2025By Shariq Khan NEW YORK, March 31 (Reuters) - U.S. crude oil output fell b...Reuters
4 hours ago
Ivanhoe says revised report cuts 2026 copper output forecast for DRC mine
March 31 (Reuters) - Ivanhoe Mines IVN.TO said on Tuesday an updated independent study lowered near-term production estimates for the company's copper complex in the Democratic Republic of Congo. The technical report, which underpins the Canadian miner's plan to scale up production at th...Reuters
5 hours ago
CIF/FOB Gulf Grain-Corn barge basis steady-firm on demand, soy bids flat
CHICAGO, March 31 (Reuters) - Spot basis bids for corn shipped by barge to U.S. Gulf Coast terminals were steady to firm on Tuesday on good demand, while soybean basis bids were mostly flat, traders said.U.S. corn export demand remained strong as harvesting of Brazil's large second crop remains ...Reuters
5 hours ago
EXCLUSIVE-Vitol trader Addison, architect of US-Venezuela export deal, set to retire, sources say
Vitol's head of Americas refined products John Addison to retire Tuesday, sources sayAddison's deputy Jean-Marc Monrad will take over as Americas products chief, source saysAddison to focus on politics and energy policy, source saysBy Shariq Khan NEW YORK, March 31 (Reuters) - John Addiso...Reuters
5 hours ago
LIVESTOCK-US cattle futures firm on wholesale demand, anticipation of higher cash market prices
By P.J. Huffstutter CHICAGO, March 31 (Reuters) - Chicago Mercantile Exchange cattle futures extended their rally on Tuesday, as traders anticipated another week of strength in the cash markets as packers shore up supplies ahead of the Easter holiday weekend, market analysts said.Tight supplies o...Reuters
5 hours ago
WTI, June Brent crude futures settle down on reports that Iran may be ready to end war
Brent May contract up 64% for month of March, WTI up 52%Unconfirmed reports of Iran president looking to end war send prices lower Oil prices volatile on Iran war, Hormuz threats and mixed diplomatic signalsOPEC output drops, US and Iran issue threats, supply risks persist despite de-escalation hope...Reuters
5 hours ago
