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Iran Refuses Easy Ceasefire: Three Major Conditions Revealed, Middle East Situation Adds Uncertainty
TradingKey - Mohsen Rezaee, the newly appointed military advisor to Iran's Supreme Leader, stated in an interview broadcast on Iranian state television on March 23 that Iran will only cease hostilities once it receives full reparations, all economic sanctions are lifted, and international legal guar
TradingKey
an hour ago
Itochu, ERI to set up Japan venture to recycle electronics
By Yuka ObayashiTOKYO, March 24 (Reuters) - Trading house Itochu 8001.T said on Tuesday it would form a Japanese venture with Electronic Recyclers International to recycle electronic equipment.Itochu also plans to buy a stake in ERI, but did not disclose details of the investment.Japan is ramping up...Reuters
8 minutes ago
Investors bet Iran war will boost Chinese renewables demand
Chinese green energy stocks have jumped since the Iran war beganInvestors bet energy security needs will 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 Chi...Reuters
13 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 Alex Lawler LONDON, March 24 (Reuters) - Oil rose on Tuesday on supply fears, as Iran denied it had talks with the United Sta...Reuters
17 minutes ago
Eni is owed around $3.3 bln by Venezuela, annual report shows
MILAN, March 24 (Reuters) - Eni ENI.MI was owed $3.3 billion by Venezuela's oil company PDVSA at the end of last year, including around $1 billion in accrued interest, the Italian company said in its annual report on Tuesday.Reuters
18 minutes ago
Valero shuts Texas refinery after explosion rocks diesel unit, sources say
By Erwin SebaHOUSTON, March 24 (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 cause of the explosion at the ...Reuters
36 minutes ago
TotalEnergies Signs Deal To End Its U.S. Offshore Wind Projects
March 24 (Reuters) - TotalEnergies SE TTEF.PA:TOTALENERGIES SIGNS AGREEMENTS WITH U.S. DEPARTMENT OF INTERIOR TO END ITS U.S. OFFSHORE WIND PROJECTSTO RELINQUISH CAROLINA LONG BAY AND NEW YORK BIGHT OFFSHORE WIND LEASESTO EXIT U.S. OFFSHORE WIND PROJECTS IN THE U.S.TO INVEST RECOVERED LEASE FEES IN ...Reuters
43 minutes ago
PRECIOUS-Gold trims losses as investors weigh conflicting signals on Mideast talks
Gold hit a four-month low on MondayIran denies talks with USBrent oil remains above $100 a barrelBy Noel John March 24 (Reuters) - Gold prices pared some losses after dropping more than 2% earlier on Tuesday, as investors remained wary about the Middle East conflict amid conflicting signals over ...Reuters
47 minutes ago
OFGEM Shortlists Bidders To Own And Operate Offshore Electricity Transmission Links For Three Major North Sea Wind Farms
March 24 (Reuters) - OFGEM: SHORTLISTED BIDDERS WHO CAN COMPETE TO OWN AND OPERATE OFFSHORE ELECTRICITY TRANSMISSION LINKS FOR THREE MAJOR NORTH SEA WIND FARMSOFGEM: FIVE BIDDERS WILL NOW BE INVITED TO SUBMIT THEIR FORMAL TENDERS AHEAD OF OFGEM SELECTING PREFERRED BIDDER FOR EACH PROJECT - WEBSI...Reuters
an hour ago
Macquarie Expects Brent to Hit Price Floor Of $85/bbl-$90/bbl If Iran Tensions Decrease
March 24 (Reuters) - Macquarie Group MQG.AX:EXPECTS BRENT TO HIT PRICE FLOOR OF $85/BBL TO $90/BBL IF IRAN TENSIONS DECREASEEXPECTS PRICES TO DRIFT BACK TO $110/BBL UNTIL STRAIT OF HORMUZ IS RESTOREDSAYS $150/BBL STILL AN OPTION IF STRAIT REMAINS SHUT UNTIL APRILReuters
2 hours ago
Brent: Volatile swings on Iran headlines – Deutsche Bank
Deutsche Bank strategists highlight sharp two-way moves in Brent Oil as conflicting signals emerge on potential US–Iran talks. Brent dropped back below $100 to ease inflation fears before rebounding above $103 as Iran denied negotiations and regional escalation risks resurfaced.Fxstreet
2 hours 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
2 hours 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
2 hours 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
3 hours 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
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
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
3 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
3 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
3 hours ago
