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How Brazil's sugarcane-based ethanol shields it from global oil market shocks

As global oil markets tremble amid the escalating conflict in the Middle East, Brazil is finding protection in a decades-old buffer against shocks that is both cheap and environmentally friendly. While gas prices soar globally, tens of millions of Brazilian drivers have a choice at the pump: fill up with 100% sugarc…

Original report

Oil steadies and Asian stocks are mostly lower on mixed signs on Iran

A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2…

Original report

Gulf allies privately make the case to Trump to keep fighting until Iran is decisively defeated

WASHINGTON, D.C. — Gulf allies of the United States, led by Saudi Arabia and the United Arab Emirates, are urging President Donald Trump to continue prosecuting the war against Iran, arguing that Tehran hasn't been weakened enough by the monthlong U.S.-led bombing campaign, according to US, Gulf and Israeli officials.

Original report

Trump again threatens widespread destruction in Iran if deal is not reached 'shortly'

DUBAI, United Arab Emirates (AP) — US President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, potentially including desalination plants that supply drinking water, if a deal to end the war is not reached “shortly.”

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