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First LNG deliveries from Oman to Germany have begun, magazine reports
BERLIN, April 1 (Reuters) - The first deliveries of liquefied natural gas (LNG) from Oman to a German company have begun despite the war in Iran, Germany's Capital business magazine reported on Wednesday, citing a spokesperson for the German state-owned gas supplier Sefe. The deliveries under an...Reuters
5 minutes ago
Europe risks recession if oil jumps over $150, ECB's Stournaras says
April 1 (Reuters) - Europe could face recession if the Iran conflict drags on and oil prices jump over $150 per barrel, European Central Bank policymaker Yannis Stournaras told Greek radio on Wednesday."Right now, nobody says we'll have a recession. But if it (the Iran war) continues, if we&...Reuters
21 minutes ago
Bahrain circulates revised UN Hormuz draft, drops binding enforcement
By John Irish PARIS, April 1 (Reuters) - Bahrain has circulated a revised U.N. Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, retaining language authorising “all necessary means” but dropping an explicit reference to binding enforcement.Shi...Reuters
35 minutes ago
Coal India's sales rise for first time in six months on gas crunch, summer demand
By Sethuraman N R NEW DELHI, April 1 (Reuters) - Coal India's COAL.NS sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran.Coal Indi...Reuters
39 minutes ago
New BP CEO Meg O'Neill starts off by promising consistency, staff note shows
O'Neill pledges clear direction as BP focuses on oil and gasBP has suspended buybacks to prioritise cutting debt, oil and gas investmentO'Neill credited with bold moves at Woodside, including major US expansionBy Stephanie Kelly and Shadia Nasralla LONDON, April 1 (Reuters) - BP's BP....Reuters
42 minutes ago
Japan, France agree rare earths deal to cut China reliance, NHK reports
Japan has invested in a French rare earths refining project Japan cooperates with Australia, US and others on rare earths supply chainsChina banned exports of dual-use items to 20 Japanese entities in FebruaryBy Katya Golubkova and Yusuke Ogawa April 1 (Reuters) - Japan and France agreed to ...Reuters
58 minutes ago
ADNOC CEO urges global action, UN resolution to protect Strait of Hormuz energy flow
DUBAI, April 1 (Reuters) - The CEO of Abu Dhabi state oil company ADNOC, Sultan Al Jaber, said on Wednesday that Iran's actions in the Strait of Hormuz represent global economic extortion and a threat the world cannot tolerate. Al Jaber called for global action to protect the free flow of energy...Reuters
an hour ago
METALS-Copper rises to two-week highs on hopes for end to Iran war
April 1 (Reuters) - Copper rose to two-week highs on Wednesday, supported by optimism that the end of the Iran war could be near, easing concerns over global growth and inflation, while a weaker U.S. dollar added support.The benchmark three-month copper on the London Metal Exchange CMCU3 was up 0.85...Reuters
an hour ago
EUROPE GAS-European gas prices fall on hopes Iran war could end soon
LONDON, April 1 (Reuters) - Benchmark Dutch and British wholesale gas prices fell on Wednesday morning on hopes that the conflict in the Middle East could soon come to a conclusion following comments by U.S. President Donald Trump.The benchmark Dutch front-month contract at the TTF hub TFMBMc1 was d...Reuters
2 hours ago
Meg O'Neill takes helm at BP pledging consistency, staff note shows
LONDON, April 1 (Reuters) - BP's new CEO Meg O'Neill told employees on Wednesday that she would provide consistency and the group could accelerate, a year after pivoting its strategy firmly back to oil and gas, according to a staff note seen by Reuters.O'Neill started the role on Wednesd...Reuters
2 hours ago
Germany invests $58 million in Australian rare earth project
BERLIN, April 1 (Reuters) - The German government is investing up to 50 million euros ($57.93 million) in an Australian rare earth project to strengthen the raw material supply for German industry. The money will flow into Australia-based Arafura Rare Earths' Nolans project in the Northern Terr...Reuters
2 hours ago
Germany invests $58 million in Australian rare earth project
BERLIN, April 1 (Reuters) - The German government is investing up to 50 million euros ($57.93 million) in an Australian rare earth project to strengthen the raw material supply for German industry. The money will flow into Australia-based Arafura Rare Earths' Nolans project in the Northern Terr...Reuters
2 hours ago
Iranian missile hit oil tanker in Qatari waters, Qatar says
April 1 (Reuters) - An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defence ministry said.Qatar was targeted by three cruise missiles coming from Iran, two were intercepted while the third hit the Aqua 1 fuel oil tanker, but cau...Reuters
2 hours ago
PRECIOUS-Gold ticks up as dollar slips on Mideast de-escalation hopes
Trump says US could end Iran war within two to three weeksTrump to address nation on Iran at 9 pm EDT on Wednesday Gold rises to its highest level since March 20Dollar drops 0.4% on Iran de-escalation hopesBy Noel John April 1 (Reuters) - Gold prices rose on Wednesday to their highest in nearly t...Reuters
2 hours ago
QatarEnergy Confirms A Missile Attack On A Fuel Oil Tanker
April 1 (Reuters) - QATARENERGY [RIC:RIC:QATPE.UL]:QATARENERGY STATEMENT ON A MISSILE ATTACK ON A FUEL OIL TANKERCONFIRMS AQUA 1 HAS BEEN SUBJECT OF A MISSILE ATTACK IN NORTHERN TERRITORIAL WATERS OF THE STATE OF QATAR IN EARLY MORNING HOURS OF WEDNESDAY 1 APRIL 2026QATARENERGY - NONE OF CREW MEMBER...Reuters
2 hours ago
TABLE-UAE's Fujairah oil inventory data for week ended March 30
April 1 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended March 30, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fro...Reuters
3 hours ago
South African farmers grapple with rising diesel costs as harvest season approaches
South African farmers struggle with rising diesel pricesThey fear prolonged Iran war will keep prices elevatedFarmers also having difficulty sourcing fuelSouth Africa has sufficient crop stocks to lessen impact on food inflation-economistBy Sisipho Skweyiya LICHTENBURG, South Africa, April 1 (Reu...Reuters
3 hours ago
