oil prices
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Big Tech Earnings Test AI Spending as Borrowing Costs Stay High
Alphabet, Microsoft and Amazon report earnings this week as investors ask whether heavy AI spending is paying off. With interest rates high and inflation…
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Asian Shares Slip and Oil Falls After Wall Street Decline
Most Asian stock markets fell on Monday, Oct. 26, and oil prices dropped after climbing to their highest level in more than four years.…
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Oil Prices Hit Highest Point Since May as Iran War Continues
Oil prices hit their highest point since May on Friday, Oct. 23, with Brent crude at $116 a barrel, according to The Hill. The…
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What It Means: Administration Owns the Economy as Iran Drives Prices
Treasury Secretary Scott Bessent said on Oct. 18 that the administration will own the economy, while tying any oil price relief this year to…
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Bessent Ties Falling Oil Prices to Outcome of Iran Conflict
Treasury Secretary Scott Bessent said on Oct. 18 that lower oil prices before the end of 2026 will depend on the Iran conflict. The…
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Trump Waives Russia Sanctions and Tariffs Before They Take Effect
President Donald Trump waived major Russia-related sanctions and tariffs that were days from starting, according to the Spokesman-Review. The waiver covers duties on Russian…
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What It Means: Saudi Energy Attacks and Oil Prices
Houthi rebels carried out deadly attacks on Saudi oil refineries, pipelines and Riyadh’s main airport over the past week, according to the Washington Examiner.…
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Trump Accuses Houthis of Trying to Push Up Oil Prices
President Donald Trump said on Oct. 13 that Houthi attacks on Saudi Arabian energy sites are meant to raise oil prices. The Houthis have…
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Trump Says U.S. Will Not Strike Iran Before Nov. 3 Midterms
On Oct. 8, President Donald Trump said the U.S. will not attack Iran before the Nov. 3 midterm election. This came after he said…
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