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Iran ready to let Japanese vessels transit Hormuz, Kyodo reports
TOKYO, March 21 (Reuters) - Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reported, citing Iranian Foreign Minister Abbas Araqchi.Tehran has started talks with Tokyo about possibly opening the strait, Araqchi told ...Reuters
18 minutes ago
US allows 30-day sale of Iran oil at sea in bid to tame prices
Waiver aims to ease oil prices amid US-Israeli war on IranAdds 140 million barrels to global markets, Bessent saysEnergy chief Wright says crude can get to Asia refiners in daysBy Ismail Shakil and Timothy Gardner March 20 (Reuters) - The Trump administration waived sanctions on the purchase of I...Reuters
23 minutes ago
United Airlines to cut more flights as it eyes oil above $100 through 2027
CEO Kirby says United to cut 5 percentage points of planned capacity this yearKirby warns oil could rise as high as $175 a barrel CEO says United's annual fuel bill could rise by $11 billionUnited maintains growth strategy despite near-term capacity cutsBy Rajesh Kumar Singh CHICAGO, March 20...Reuters
29 minutes ago
Venezuelan oil tycoon Ruperti held by police, lawyers say
March 20 (Reuters) - Venezuelan oil businessman Wilmer Ruperti has been held by authorities since Thursday after the country's intelligence police requested a meeting with him, his lawyers said on Friday."He was supposed to be released at 9:00 this morning, and then 1:00 p.m., and then tonig...Reuters
33 minutes ago
Iran ready to let Japanese vessels transit Hormuz, Kyodo reports
TOKYO, March 21 (Reuters) - Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reported, citing Iranian Foreign Minister Abbas Araqchi.Tehran has started talks with Tokyo about possibly opening the strait, Araqchi told ...Reuters
2 hours ago
US lends oil companies 45.2 mln barrels from reserve, first batch of Iran war
By Ismail Shakil and Timothy Gardner WASHINGTON, March 20 (Reuters) - The Trump administration said on Friday it has lent 45.2 million barrels of crude oil from the Strategic Petroleum Reserve to oil companies, in an attempt to control prices that have spiked to four-year highs due to the war on ...Reuters
3 hours ago
WRAPUP 12-US sending Marines and amphibious assault ship to Middle East, officials say
Marine expeditionary force readies for Middle East deploymentPoll shows large majority of US voters oppose ground operation Israeli military says strikes launched on targets in TehranIran attacks refinery in Kuwait as energy fears growAllies' help in Hormuz conditional on ceasefire By Idrees Ali...Reuters
4 hours ago
LIVESTOCK-CME cattle futures rise in anticipation of Cattle on Feed numbers
CHICAGO, March 20 (Reuters) - Chicago Mercantile Exchange cattle futures firmed on Friday as traders anticipated the U.S. Department of Agriculture's monthly Cattle on Feed report, released after the session closed. CME April feeders FCJ26 finished up 2.475 cents at 357.75 cents per pound. April...Reuters
4 hours ago
United Airlines to cut 5% of scheduled flights as fuel prices soar
March 20 (Reuters) - United Airlines UAL.O CEO Scott Kirby said on Friday the airline will cancel about 5% of this year's planned flights in the short term, as jet fuel prices surge due to the Middle East conflict."If prices stayed at this level, it would mean an extra $11 billion in annual ...Reuters
5 hours ago
US authorizes temporary delivery, sale of oil originating from Iran
WASHINGTON, March 20 (Reuters) - The United States on Friday gave a 30-day authorization for the delivery and sale of crude oil and petroleum products of Iranian-origin loaded vessels, according to the U.S. Treasury Department.Reuters
5 hours ago
SoftBank and AEP plan massive Ohio gas-fired AI data center campus
Officials say project strengthens US position in AI raceJapan to invest more than $33 billionPotential new model for data center building boom By Timothy Gardner and Laila Kearney WASHINGTON, March 20 (Reuters) - The U.S. Department of Energy on Friday announced a partnership between Japan's ...Reuters
5 hours ago
US awards contracts for 45.2 million barrels of oil from strategic reserve
March 20 (Reuters) - The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.Companies that have been awarded the SPR contracts include BP Products North America, Gunvor USA, Marathon Petroleum and Shell Trad...Reuters
6 hours ago
Nuclear reactor developer X‑Energy files for US IPO
March 20 (Reuters) - X-Energy has filed for an initial public offering in the United States, it said on Friday, as the reactor developer aims to tap growing investor enthusiasm for nuclear power.The U.S. nuclear industry is in midst of a renaissance after years of stagnation, driven primarily by sur...Reuters
6 hours ago
Cuba rejects US request to bring in fuel, Washington Post reports
WASHINGTON, March 20 (Reuters) - Cuba has rejected a request by the U.S. Embassy in Havana to import diesel fuel for its generators this week amid nationwide blackouts, the Washington Post reported on Friday, citing diplomatic cables it reviewed.The State Department did not immediately respond to a ...Reuters
6 hours ago
US Plains HRW Wheat-Basis mostly steady-to-mixed, Gulf basis dips
CHICAGO, March 20 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady to mixed in most markets in the southern U.S. Plains on Friday in sluggish trade, merchandisers said.Protein premiums for railcar wheat to and through Kansas City rose 1 cent a bushel for wheat with 11.60 and 12.40 ...Reuters
6 hours ago
US says airport delays will worsen as shutdown continues
By David Shepardson WASHINGTON, March 20 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Friday he is worried disruptions at major airports will increase as a partial government shutdown continues with no end in sight.Airlines and travel groups fear absences among the 50,000 Transpor...Reuters
6 hours ago
CIF/FOB Gulf Grain-Corn, soybean barge basis steady firm as futures slip
CHICAGO, March 20 (Reuters) - Spot basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals were steady to firmer on Friday on weaker futures values and good demand from exporters, traders said.Chicago Board of Trade corn Cv1 and soybean Sv1 futures fell on Friday and were lowe...Reuters
6 hours ago
Chicago sues Trump administration over $3.1 billion in frozen transit funding
Suit calls funding freeze an act of political retaliationChicago has second-largest US public transit systemBy David ShepardsonMarch 20 (Reuters) - The Chicago Transit Authority sued President Donald Trump's administration on Friday in a bid to undo a White House decision to freeze $3.1 billion ...Reuters
6 hours ago
CBOT wheat ends down on dollar strength, Plains rain
CHICAGO, March 20 (Reuters) - Chicago Board of Trade wheat futures ticked down on Friday as precipitation was expected in the parched U.S. Southern Plains and the U.S. dollar gained strength. The dollar gained ground on Friday as investors pared their bets on Fed rate cuts, given the probability of ...Reuters
7 hours ago
