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EXPLAINER-Drones and mines: taking Kharg Island would pose risks for US troops
By David Brunnstrom WASHINGTON, March 26 (Reuters) - President Donald Trump has been weighing whether to use ground forces to seize Iran's strategic oil hub of Kharg Island, an operation analysts say could be achieved quickly, but leave U.S. troops in great peril and prolong rather than short...Reuters
12 minutes ago
Thai ship hit in Hormuz runs aground off Iran's Qeshm Island, Iran's Tasnim says
March 27 (Reuters) - A Thai-flagged cargo ship that was hit by unknown projectiles in the Strait of Hormuz earlier this month has run aground off Iran's Qeshm Island, Iran's Tasnim news agency said on Friday.Thailand said 20 crew members were rescued by the Omani navy, while three were missi...Reuters
22 minutes ago
Chevron reports outage at Australian gas facilities due to cyclone
SYDNEY, March 27 (Reuters) - Chevron CVX.N said on Friday it was working to restore production at its Gorgon and Wheatstone liquefied natural gas facilities in Australia following production outages that likely happened because of Tropical Cyclone Narelle."We will resume full production at both ...Reuters
35 minutes ago
Pernod Ricard in merger talks with Jack Daniel's maker Brown-Forman
By Emma Rumney and Neil J Kanatt March 26 (Reuters) - France's Pernod Ricard PERP.PA and Jack Daniel's owner Brown-Forman BFb.N are in discussions about a possible merger, the companies said on Thursday, a move that would unite the world's second-largest spirits maker with the largest...Reuters
54 minutes ago
Chevron reports outage at Australian gas facilities due to cyclone
SYDNEY, March 27 (Reuters) - Chevron CVX.N said on Friday it was working to restore production at its Gorgon and Wheatstone gas facilities in Australia following production outages that happened likely because of Tropical Cyclone Narelle."We will resume full production at both facilities once it...Reuters
an hour ago
RPT-From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
Asia most vulnerable to Middle East supply disruptionsSouth Korean businessman says suppliers raising prices up to 50%Cosmetics container maker scrambling to secure plastic resinConsumers rush to stock up on rubbish bags, noodles By Hyunjoo Jin, Daewoung Kim and Sophie Yu SEOUL/BEIJING, March 26...Reuters
an hour ago
Trump says he will pause attacks on Iran's energy plants
By Bhargav Acharya and Kanishka Singh WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump said on Thursday he was pausing attacks on Iran's energy plants for 10 days at what he cast as the Iranian government's request, and said talks with Tehran were going "very well."...Reuters
2 hours ago
Venture Global and Edison settle arbitration dispute over early Calcasieu Pass LNG sales
Final settlement expected to be completed by June 2026, ending arbitrationVenture Global was accused of selling LNG on spot market instead of making contractual shipments to EdisonDeal includes additional LNG cargoes for Edison, enhancing partnershipBy Curtis Williams and Francesca LandiniMarch 26 (...Reuters
3 hours ago
Fuel prices spike in Chile, posing early political test for Kast
Fuel price surge in Chile sparks nationwide anxietyEmpty stations underscore mounting public frustrationEarly backlash threatens Kast's political momentumBy Fabian Cambero SANTIAGO, March 26 (Reuters) - Empty gas stations and price boards still displaying pre‑hike rates captured Chileans'...Reuters
3 hours ago
FACTBOX-Analysts hike oil price outlooks as Iran conflict continues
March 27 (Reuters) - Major brokerages have raised their 2026 average oil price forecasts as the U.S.-Israeli war with Iran drove oil prices sharply higher this month. Macquarie on Friday raised its fiscal year 2026 oil price forecast, projecting West Texas Intermediate crude would average approximat...Reuters
3 hours ago
EnergyX Commissioned U.S.-Based Lithium Production Facility At Project Lonestar
March 26 (Reuters) - EnergyX:ENERGYX: LONESTAR DEMONSTRATION PLANT IS OPERATIONAL & TO PRODUCE ABOUT 250 METRIC TONS PER YEAR OF BATTERY-GRADE LITHIUM CARBONATE EQUIVALENTENERGYX: COMMISSIONED U.S.-BASED LITHIUM PRODUCTION FACILITY AT PROJECT LONESTARReuters
3 hours ago
Macquarie raises 2026 WTI forecast to $83/bbl on supply risks
March 26 (Reuters) - Macquarie on Thursday raised its 2026 oil price outlook, forecasting West Texas Intermediate (WTI) to average about $83 per barrel, up from around $58 previously, citing supply disruptions caused by the Middle East conflict.It also lowered its 2026 U.S. natural gas price forecas...Reuters
3 hours ago
GM-backed EnergyX to launch Texas lithium facility
March 26 (Reuters) - EnergyX, a startup backed by General Motors GM.N, said on Thursday it has commissioned a lithium production facility at its project Lonestar, located in the Smackover formation in Texas.Lithium demand has been surging globally, driven by the role of lithium-ion batteries in elec...Reuters
3 hours ago
Ukraine using strikes on oil facilities to keep pressure on Russia after sanctions eased, Zelenskiy says
Zelenskiy criticizes easing of international oil sanctions on RussiaWashington's waiver allows purchase of stranded Russian oilUkraine's drone attacks halt 40% of Russia's oil export capacityBy Daniel Flynn and Olena Harmash KYIV, March 26 (Reuters) - Ukraine is using long-range strik...Reuters
3 hours ago
LIVESTOCK-CME cattle slightly higher as traders weigh demand
CHICAGO, March 26 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures ticked higher on Thursday as traders continued to eye whether consumers will push back against high beef prices, analysts said.An ongoing strike at the JBS meatpacking plant in Greeley, Colorado, has largely bee...Reuters
4 hours ago
Mexican navy says petroleum tanker, natural seabed likely caused Gulf coast spill
By Raul Cortes and Adriana BarreraMEXICO CITY, March 26 (Reuters) - An oil spill in the Gulf of Mexico was caused by both natural causes and a petroleum tanker that authorities are still trying to identify, Mexican officials said on Thursday.Raymundo Morales, the head of the Mexican navy, said satel...Reuters
4 hours ago
South Korea: Oil shock lifts inflation outlook – Standard Chartered
Standard Chartered economists Chong Hoon Park and Arup Ghosh update their South Korea forecasts following higher Oil prices linked to Middle East tensions. They now see 2026 CPI inflation at 2.4% versus 2.0% previously, with Oil averaging USD 85/bbl.Fxstreet
4 hours ago
Oxford Industries Q4 revenue slightly beats estimates
OverviewU.S. apparel retailer's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 missed analyst expectations and swung to a lossOutlookOxford Industries sees fiscal 2026 net sales of $1.475 bln to $1.530 blnCompany expects fiscal 2026 GAAP EPS of $1.83 to $2.43, adjusted EPS of $...Reuters
4 hours ago
Trump says he will pause attacks on Iran's energy plants, talks going "very well"
WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump said on Thursday he was pausing attacks on Iran's energy plants for 10 days till April 6 at the Iranian government's request and said talks with Tehran were going "very well".Reuters
4 hours ago
