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If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Crude oil scored its largest single-day gains in more than three years after Israel launched air strikes against Iran's nuclear sites and other military targets but not oil infrastructure ...
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts ...
All eyes are on oil markets and the key Strait of Hormuz, the markets’ crossroads, but an all-out war between Israel and Iran would pose a serious threat to eastern Mediterranean natural-gas fields — ...
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