By Anna Pruchnicka KYIV (Reuters) – Ukraine agreed to license its grain exports to Slovakia on Thursday and pushed for a deal with Poland to end restrictions by its neighbours on grain that it has been forced to send overland since Russia’s invasion last year. Slovakia, Poland and Hungary imposed…

The International Monetary Fund (IMF) has reportedly halted Pakistan’s plan to give relief to power consumers using over 200 units monthly, according to ARY News on Wednesday. The IMF warned that circular debt would not decrease if relief was provided on electricity bills. As a result, only consumers using under…

By Leah Douglas WASHINGTON (Reuters) – The ethanol and corn industries on Thursday slammed an advisory board to the U.S. Environmental Protection Agency for a draft report that found there could be little climate benefit to using corn-starch ethanol as a fuel, compared with gasoline. The question of exactly how…

WASHINGTON (Reuters) – President Joe Biden will announce a new military aid package for Ukraine on Thursday that will include air defense systems and other weaponry to help Kyiv ahead of a tough winter, White House national security adviser Jake Sullivan said. Sullivan, briefing reporters, said the timing of the…

By Kanishka Singh WASHINGTON (Reuters) – A former deputy chief of Russian producer Novatek was sentenced on Thursday to seven years and two months in a U.S. prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing. Mark Anthony…

Investing.com — Oil prices swung Thursday, initially rallying on Russia’s fuel export ban before ending lower as a renewed hawkish stance by the Federal Reserve boosted the dollar, weighing on most commodities.  U.S. crude’s struggle to stay above the key bullish level of $90 per barrel also raised questions on…

Mark Fisher, the founder of MBF Clearing Corp., forecasted in a CNBC interview on Thursday that prices could surpass $100 per barrel due to global supply shortages. This prediction was made on the same day as Russia announced an immediate temporary ban on diesel and gasoline exports to all but…

By Laura Sanicola (Reuters) – Oil prices settled lower after choppy trading on Thursday, rising as much as $1 a barrel after a Russian ban on fuel exports snatched the focus from Western economic headwinds that had pushed prices down $1 a barrel early in the session. futures for November…

Investing.com– Gold hit a one-week low Thursday after the Federal Reserve vowed to hike rates until inflation returns to its annual target of 2% — a pledge market followers said could deliver more downside for the yellow metal. Gold’s most-active futures contract on New York’s Comex, , settled down $27.50,…

In the face of rising energy prices and geopolitical tensions, the European Central Bank (ECB), the International Energy Agency (IEA), and the European Investment Bank (EIB) are set to hold a high-level conference on September 29, 2023. The aim of this meeting is to discuss an orderly transition to renewable…