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Modi, Trump discuss importance of keeping Strait of Hormuz open, U.S. envoy says
March 24 (Reuters) - Indian Prime Minister Narendra Modi and U.S. President Donald Trump spoke by phone on Tuesday and discussed the situation in the Middle East, including the importance of keeping the Strait of Hormuz open, U.S. envoy to India Sergio Gor said in a post on X.Reuters
4 minutes ago
PRESS DIGEST-Canada - March 24
March 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILATCO ACOx.TO will pay $10 million for a 40% stake in Inuit-owned West Kitikmeot Resources Corp, which is developing...Reuters
9 minutes ago
India loads LPG onto stranded empty ships amid gas crisis
By Nidhi Verma NEW DELHI, March 24 (Reuters) - India is loading liquefied petroleum gas onto its empty vessels stranded in the Persian Gulf as the country grapples with a gas shortage triggered by the conflict in the Middle East, an official from the federal shipping ministry said on Tuesday.Eigh...Reuters
11 minutes ago
PRECIOUS-Gold prices steady as investors assess impact of Iran war
Iran fires missiles at IsraelOil prices fell 13% on MondayStructural drivers for gold still in place - analystBy Ishaan Arora March 24 (Reuters) - Gold prices steadied on Tuesday after falling nearly 2% earlier in the session, as investors assessed conflicting signals on a potential de-escalation...Reuters
13 minutes ago
Iran war may halve India's LPG imports in March, according to traders, data
Iran war and Hormuz blockage disrupt fuel supplyIndia's LPG imports seen down nearly 50% this monthImports estimated at 1.19 mln tonnes, traders sayIndia seeking LPG from US, Norway, Canada, RussiaBy Damir Khalmetov MOSCOW, March 24 (Reuters) - The war in Iran and the blockage of the strategi...Reuters
21 minutes ago
Australia and EU seal trade deal, seek to cut reliance on China for critical minerals
Deal removes over 99% of tariffs EU eyes improved access to Australian critical mineralsAustralian and French farmers criticise the agreement For a factbox on the deal, please click here By Renju Jose SYDNEY, March 24 (Reuters) - Australia and the European Union signed a free trade agreement on ...Reuters
33 minutes ago
Gold subdued as mixed US-Iran signals keep investors cautious amid ongoing war
Gold (XAU/USD) trades with a subdued tone on Tuesday, struggling to build on the previous day’s rebound as investors continue to assess geopolitical developments in the Middle East amid conflicting signals from the United States and Iran over potential negotiations.
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43 minutes ago
Valero shuts Texas refinery after explosion, 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 fire has since been extinguish...Reuters
49 minutes ago
Ukraine's Zaporizhzhia nuclear plant loses connection to Dniprovska power line, IAEA says
March 24 (Reuters) - Ukraine's Zaporizhzhia nuclear power plant lost its connection to the 750kv Dniprovska line on Tuesday, leaving it dependent on its sole back-up line for external power, the International Atomic Energy Agency said in a post on X.Reuters
50 minutes ago
RPT-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
59 minutes ago
France supports farmers as fuel, fertiliser prices surge
PARIS, March 24 (Reuters) - France has implemented a series of emergency measures to support farmers facing surging fuel and fertiliser prices resulting from the U.S.-Israeli war on Iran, the farm ministry said on Tuesday. Farmers have seen their costs increase sharply with higher prices for diesel,...Reuters
an hour ago
Oil rises as supply disruption persists and 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 as the world's biggest supply disruption persisted and as Ir...Reuters
an hour ago
Venezuela owed Eni around $3.3 billion at end of 2025, annual report shows
By Francesca LandiniMILAN, 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.Eni and Spanish oil company Repsol REP.MC produce g...Reuters
an hour ago
Mike Lynch's estate refused permission to appeal in UK HP-Autonomy case
LONDON, March 24 (Reuters) - The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London's High Court that he was liable to Hewlett Packard Enterprise HPE.N over its acquisition of his firm Autonomy.The U.S. technology giant Hewlett Packard is...Reuters
2 hours ago
PRECIOUS-Gold prices steady as investors assess impact of Iran war
Iran fires missiles at IsraelOil prices fell 13% on MondayStructural drivers for gold still in place - analystBy Ishaan Arora March 24 (Reuters) - Gold prices steadied on Tuesday after falling nearly 2% earlier in the session, as investors weighed conflicting signals on a potential de-escalation ...Reuters
2 hours ago
Asia Naphtha/Gasoline-Naphtha price pauses rally mirroring crude
NEW DELHI, March 24 (Reuters) - Asia's naphtha prices eased from record highs on Tuesday in line with falling crude benchmarks, but remained near multi‑year peaks as ongoing supply disruptions from the Middle East kept the market tight, traders said.Crude futures fell more than 10% on Monday, af...Reuters
2 hours ago
Canada's Dollarama Q4 sales rise 11.7%, slightly beat estimates
OverviewCanada discount retailer's Q4 sales rose 11.7%, slightly beating analyst expectationsAdjusted EPS for Q4 increased 2.1% yr/yrCompany repurchased 888,309 shares for C$174.8 mln and raised dividend by 13.4%OutlookDollarama sees Canadian comparable store sales growth of 3.0% to 4.0% in Fisc...Reuters
2 hours ago
NORDIC POWER-Forward prices edge up on low water reserves
March 24 (Reuters) - Nordic forward power prices ticked up on Tuesday, as tighter water reserves in the hydropower-dependent region offset the impact of a weaker European gas market.Nordic front-quarter baseload power contract 0#NSBLQ: was up 1.4% to 53.46 euros per megawatt hour (MWh) at 1045 GMT. ...Reuters
2 hours ago
