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Analysis-While Asia and Europe scramble for natural gas, the US glut has nowhere to go

Analysis-While Asia and Europe scramble for natural gas, the US glut has nowhere to go

By Scott DiSavino and Curtis Williams May 1 (Reuters) - The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.

From surplus to strain: world rice supply threatened by Iran war, El Nino

From surplus to strain: world rice supply threatened by Iran war, El Nino

By Naveen Thukral and Panarat Thepgumpanat SINGAPORE/BANGKOK, April 30 (Reuters) - Rice supply is expected to fall this year as farmers cut planting acreage across Asia because of fertiliser shortages and soaring fuel costs from the Iran war, with an emerging El Nino also set to squeeze output of

Stagflation risks stacking up as Iran war enters third month

Stagflation risks stacking up as Iran war enters third month

By Alun John, Yoruk Bahceli and Dhara Ranasinghe LONDON, April 30 (Reuters) - Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of the Strait of Hormuz prolongs the world's biggest-ever disruption to energy supplies.

Asian stocks mostly gain and oil rises after the UAE says it will exit OPEC

Asian stocks mostly gain and oil rises after the UAE says it will exit OPEC

Asian stocks are mostly higher despite a retreat on Wall Street, and oil prices gained after the United Arab Emirates said it would leave OPEC in a blow to the oil cartel

Asian stocks gain and oil prices decline after the UAE says it will exit OPEC

Asian stocks gain and oil prices decline after the UAE says it will exit OPEC

Asian stocks are mostly higher despite a retreat on Wall Street, and oil prices slipped after the United Arab Emirates said it would leave OPEC in a blow to the oil cartel

Brent crude surges to $123 a barrel on Iran war worries, while world stocks retreat

Brent crude surges to $123 a barrel on Iran war worries, while world stocks retreat

The price of Brent crude oil has surged to around $123 a barrel as stalled U.S.-Iran talks raise doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war

Oil prices whipsaw while US stocks glide near their record heights

Oil prices whipsaw while US stocks glide near their record heights

Oil prices whipsawed and surged toward their highest levels since the war with Iran began, only for the leaps to quickly vanish

Middle East Conflict Causes Seven-Year Low in Asia's LNG Imports

Middle East Conflict Causes Seven-Year Low in Asia's LNG Imports

Asia's imports of liquefied natural gas (LNG) have reached a seven-year low for March, primarily due to the closure of the Strait of Hormuz and Qatar's declaration of force majeure following Iranian missile strikes. The Gas Exporting Countries Forum reported a 4.3% drop in LNG imports compared to the previous year, with significant reductions from key buyers like China, India, and Pakistan. The conflict has disrupted supply chains, forcing countries like Thailand and Taiwan to seek alternative sources from Canada and the U.S.

Goldman Sachs Warns of Inflationary Impact from Iran War on Global Chemical Prices

Goldman Sachs Warns of Inflationary Impact from Iran War on Global Chemical Prices

Goldman Sachs Warns of Inflationary Impact from Iran War on Global Chemical Prices

Soaring oil prices ease and markets rise as Big Tech sends mixed signals

Soaring oil prices ease and markets rise as Big Tech sends mixed signals

Oil futures fell while markets on Wall Street rose stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war

Defense Secretary Pete Hegseth faced nearly six hours of questioning Wednesday from House lawmakers for the first time since President Donald Trump’s administration launched the war against Iran

Iran Fires Warning Shots at Indian Tanker in Strait of Hormuz Incident

Iran Fires Warning Shots at Indian Tanker in Strait of Hormuz Incident

Indian officials have disclosed an incident involving the Iranian Revolutionary Guard Corps (IRGC) firing warning shots at a small product tanker, Chiron 7, carrying Indian seafarers. The tanker, managed by a UAE company and owned by a Honduran firm, was reportedly targeted while in the Persian Gulf near the Strait of Hormuz. The IRGC's actions were described as an attempt to halt the tanker's transit through the strategic waterway. This incident is part of a series of recent confrontations in the region, including attacks on other vessels, highlighting the ongoing tensions in the Persian Gulf.