Goldman Sachs: Valuations of the European defense industry face downside risks.

Flooding is likely in several areas of the Russian city of Orenburg, RIA Novosti reported, citing local authorities.

Vitol Energy Group CEO: European refining margins will remain strong.

Bank of America: Palladium prices are expected to fall; given that palladium demand is mainly driven by auto catalysts, it should also underperform platinum.

Bank of America: Positive outlook on uranium as multi-year inventory declines continue.

Bank of America: Copper and aluminum prices are expected to rise to $12,000 and $3,250 per ton, respectively, by 2026.

Gold mining stocks rose in pre-market trading, with Barrick Gold, Newmont Mining, Gold Fields, Sibanye Stillwater and Anglogold Ashanti rising 1.3%-3.5%. Previously, spot gold hit a new historical high.

Morgan Stanley: We expect the oil market to be tight in the second and third quarters due to OPEC supply restrictions, falling Russian oil production and seasonal demand increases in the future.

Pakistani police said on Tuesday that two bomb blasts in Balochistan province killed at least three people, including a policeman, and injured 20 others.

TSMC (TSM.N) shares rose 3% in pre-market trading.

Japanese Finance Minister Shunichi Suzuki: We are closely monitoring market developments with a high sense of urgency.

Head of Gas, Power and Renewables at Trafigura: Trafigura is increasingly bullish on the electricity market.

Head of Gas, Power and Renewables at Trafigura: Supply chain efforts have been in vain.

BP shares rose 1% to their highest level since October last year as the company forecast a rise in upstream energy production in the first quarter.

Gazprom: Will continue to supply natural gas to Europe through Ukraine, with 42.4 million cubic meters delivered on Tuesday.

The Turkish lira fell 0.6%, its biggest drop since March 4.