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Investors bet Iran war will boost Chinese renewables demand
Chinese green energy stocks have jumped since the Iran war beganInvestors bet energy security needs to boost China green tech exportsMulti-year renewables renaissance under way, consultancy saysBy Samuel Shen and Jiaxing Li SHANGHAI/HONG KONG, March 24 (Reuters) - Investors are rushing into Chine...Reuters
25 minutes ago
METALS-Copper falls after Iran denies talks with US to end war
March 24 (Reuters) - London copper slipped on Tuesday, giving up part of the previous session's relief rally, after oil rebounded on news that Iran denied any talks with the U.S. to bring the Middle East war to a close.The benchmark three-month copper CMCU3 on the London Metal Exchange fell 1.1...Reuters
36 minutes ago
Oil rises as markets assess supply risk after Iran denies US talks
Trump says US, Iran have 'major points of agreement'Iran rejects claim of contact with WashingtonMacquarie says Brent could hit $150 if Hormuz shut through AprilBy Anmol Choubey and Emily Chow SINGAPORE, March 24 (Reuters) - Oil prices rose on Tuesday on supply fear, as Iran denied it had...Reuters
37 minutes ago
Japan to drop 'most important' tag for China ties
By Tamiyuki Kihara TOKYO, March 24 (Reuters) - Japan will downgrade its description of ties with China from "one of its most important" in an annual diplomatic report, according to a draft reviewed by Reuters, as relations with Beijing worsen. The 2026 Diplomatic Bluebook, which Prim...Reuters
47 minutes ago
Oil: Higher conflict-driven baseline holds – TD Securities
TD Securities strategist Pooja Kumra argues that disruptions in Qatar and Iran justify a higher Oil price baseline for 2026 versus pre-crisis levels. The bank keeps its assumption of a mid‑$90s range and notes that even a 10% Oil rise can significantly lift headline inflation.Fxstreet
an hour ago
TABLE-North Sea gas maintenance schedule: Adds Aasta Hansteen outage
March 24 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
an hour ago
US to continue Iran strikes, pause applies only to energy sites, Semafor reports
March 24 (Reuters) - The United States will continue its strikes on Iran, with the pause applying only to attacks on Tehran's energy sites, Semafor reported on Monday, citing a U.S. official, during what President Donald Trump has described as "productive" talks with unidentified Iranian...Reuters
an hour ago
BREAKINGVIEWS-Iran war exposes food security to cascading risks
By Antony CurrieMELBOURNE, March 24 (Reuters Breakingviews) - The U.S.-Israel war on Iran and resulting disruption in the Strait of Hormuz will have a bigger impact on food security than Russia's 2022 invasion of Ukraine. That might not seem obvious by glancing at the relative prices of feedstoc...Reuters
2 hours ago
REFILE-Philippine president says grounding planes due to fuel shortage a 'distinct possibility', Bloomberg News reports
March 24 (Reuters) - The Philippines said grounding planes due to a shortage of jet fuel brought on by the U.S.-Israeli war with Iran is a "distinct possibility", Bloomberg News reported on Tuesday, citing an interview with the South East Asian country's president.Several countries have ...Reuters
2 hours ago
South Korea's Lee calls for energy saving campaign including shorter showers, car curbs
Government urges shorter showers, daytime charging$16.6 billion stimulus planned, including consumer vouchersOil reserves may last under two months in real termsBy Joyce Lee and Jack Kim SEOUL, March 24 (Reuters) - South Korean President Lee Jae Myung on Tuesday called for a nationwide energy-sav...Reuters
2 hours ago
ROI-Iran war deals harder blow to natural gas than oil: Maguire
By Gavin Maguire LITTLETON, Colorado, March 24 (Reuters) - At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz.But beneath that surface symmetry lies a critical imbalance. Th...Reuters
2 hours ago
Valero shuts Texas refinery after explosion rocks diesel unit, sources say
By Erwin SebaHOUSTON, March 23 (Reuters) - Valero Energy Corp VLO.N has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday. The explosion at the 47,000-bpd 2...Reuters
2 hours ago
Investors bet Iran war will boost Chinese renewables demand
By Samuel Shen and Jiaxing LiSHANGHAI/HONG KONG, March 24 (Reuters) - Investors are rushing into Chinese renewable stocks, betting the oil shock triggered by the Iran war will boost global demand for green energy, a sector China dominates.Such a portfolio trend in Asia, spurred by heightened worries...Reuters
2 hours ago
VEGOILS-Palm in tight range as geopolitical tensions, mixed oils weigh
KUALA LUMPUR, March 24 (Reuters) - Malaysian palm oil futures traded in a tight range on Tuesday, resuming after a long Eid holiday break, with rival edible oils on the Dalian and Chicago exchanges diverging and the Middle East war keeping traders cautious. The benchmark palm oil contract FCPOc3 ...Reuters
2 hours ago
PRESS DIGEST-New York Times business news - March 24
March 24 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration said that it intended to create a consortium to invest over $1 trillion into energy projects, minerals ...Reuters
3 hours ago
INSIGHT-China is mapping the ocean floor as it prepares for submarine warfare with the U.S.
Vast ocean surveying and monitoring effort gives China picture of marine environmentData collected by vessels would be crucial in a submarine battle, naval experts say'Transparent ocean' sensor network tracks undersea conditions in strategic watersBy Pete Mckenzie SYDNEY, March 24 (Reuter...Reuters
3 hours ago
US to continue Iran strikes, pause applies only to energy sites, Semafor reports
March 24 (Reuters) - The United States will continue its strikes on Iran, with the pause applying only to attacks on Tehran's energy sites, Semafor reported on Monday, citing a U.S. official, during what President Donald Trump has described as "productive" talks with unidentified Iranian...Reuters
3 hours ago
Australia and EU seal trade deal, seek to cut reliance on China for critical minerals
Deal removes over 99% of tariffs on EU exports Zero import tariffs for Australian critical mineralsAustralian farmers say deal has not delivered commercially meaningful accessFor a factbox on the deal, please click By Renju Jose SYDNEY, March 24 (Reuters) - Australia and the European Union signed...Reuters
3 hours ago
India File: War and a searing summer test coal readiness
March 24 - By Nidhi C Sai, Editor Online Production, with global Reuters staffIndia is bracing for a torrid summer just as the Middle East conflict upends global fuel flows, forcing New Delhi to try every trick in the book to meet peak demand for electricity. That includes accelerating coal power ge...Reuters
3 hours ago
