Oil slips as Putin agrees to 30-day halt to energy facility strikes

Oil prices fell on Wednesday after Russia agreed to US President Donald Trump's proposal that Moscow and Kyiv temporarily stop attacking each other's energy infrastructure, a move that could eventually pave the way for Russian oil to enter global markets, reports Reuters.Brent crude futures were down 59 cents, or 0.84...

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Gold eases from record peak; Fed decision in focus

Gold slightly eased on Wednesday, as some profit-booking kicked in after prices scaled a record peak, while focus shifted to US Federal Reserve policy decision due later in the day, reports Reuters.Spot gold fell 0.2 per cent to $3,027.89 an ounce, as of 0930 GMT, after hitting an all-time peak...

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EU proposes cutting steel imports by 15 per cent as Trump tariffs bite

BRUSSELS, March 19 (Reuters): The European Union will tighten steel import quotas to reduce inflows by a further 15 per cent from April, a senior EU official said on Wednesday, in a move aimed at preventing cheap steel flooding the European market after Washington imposed new tariffs.European steel producers already...

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China ends two-year ban on Argentina poultry imports

BEIJING, March 19 (Reuters): China has lifted a two-year ban on poultry imports from Argentina, reopening a key supply channel amid a tit-for-tat trade war with the United States that has led to steep tariffs on U.S poultry.Argentina suspended poultry exports in February 2023 after detecting Highly Pathogenic Avian Influenza...

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