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.” “As per Iranian Government request… I am pausing …
Trump Says He Will Pause Attacks on Iran’s Energy Plants Read More »
By Siddharth Cavale Iran says it is reviewing US proposal, has no interest in talks Ukrainian attacks, tanker seizures halt 40% of Russia oil export capacity Houthi movement says it stands ready to strike Red Sea waterway NEW YORK, March 26 (Reuters) – Crude futures closed higher on Thursday, rebounding from the previous session’s losses, …
Oil Settles Up Nearly 6% as Investors Fear Further Middle East Escalation Read More »
(Reuters) – Vicki Hollub is preparing to retire as chief executive of Occidental Petroleum, after her decade-long stewardship of the U.S. oil and gas company that made her one of the most powerful women in a male-dominated industry, sources familiar with the matter told Reuters. Hollub, 66, plans to make a formal announcement later this …
(Reuters) – U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe bemoaned the worst oil and gas supply disruption in decades. The contrasting …
Trump Officials Tout US Energy Dominance as Global Oil Execs Warn of Supply Crisis Read More »
(Reuters) – Private energy companies and their backers are emerging as leaders in the next phase of global shale development, taking early positions in overseas basins while publicly listed U.S. producers focus on capital discipline and their core domestic acreage. The pattern echoes the early years of the U.S. shale revolution, when independent wildcatters took …
Private Firms Spearhead Global Shale Push as US Public Operators Stay Home Read More »
(Reuters) – U.S. President Donald Trumpsaid on Thursday that Iran was letting10 oil tankers transit the Strait of Hormuz as an apparent goodwill gesture in negotiations. Trump made the comments at a Cabinet meeting in the White House, elaborating on what he had previously described as a “present” from Iran. “They said, to show you …
Trump Says Iran’s ‘Present’ to US Was Allowing 10 Oil Tankers Through Hormuz Read More »
(Reuters) – With visibility on the U.S. economic outlook greatly reduced by the fog of war and $100-a-barrel oil, it might seem an odd time to be getting more bullish on stocks. But from a valuation, earnings, and growth perspective, there’s a compelling case. Strategists at Barclays outlined it this week as they raised their …
War, Oil Shock, Uncertainty? Time to Raise US Equity Outlook: McGeever Read More »
(Reuters) – The United States has sent Iran a “15-point action list” as a basis for negotiations to end the current conflict, U.S. Special Envoy Steve Witkoff said on Thursday, adding that there are signs that Tehran was interested in making a deal. Witkoff, speaking during a cabinet meeting at the White House, said that …
U.S. Envoy Witkoff Says Iran is Seeking An Off-Ramp Read More »
(Reuters) – President Donald Trump on Thursday urged Iran to make a deal to end U.S. and Israeli bombing or face more strikes on their country. “They now have the chance, that is Iran, to permanently abandon their nuclear ambitions and to join a new path forward,” Trump said during a Cabinet meeting at the …
Trump Urges Iran to Make a Deal or US Will ‘Keep Blowing Them Away’ Read More »
(Reuters) – Iran’s initial response to the U.S. proposal to end the war, which was conveyed to Pakistan, was that it was “one-sided and unfair”, a senior Iranian official told Reuters on Thursday, adding that a path forward might still be found if realism prevailed in Washington. The official said the proposal “was reviewed in …
