Tag: Oil (Petroleum) and Gasoline
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Mortgage Rates Hover at 7.4%, Highest Since 2023
The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
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Zelensky Says Ukraine Will Resume Russian Refinery Strikes, Defying Trump
President Volodymyr Zelensky expressed overt frustration with the United States in an interview with The Financial Times. He had paused the strikes to comply with a demand from the United States.
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Trump’s Democracy-for-Diesel Deal Shames Us All
The president’s arrangement to import Russian diesel fuel is one more example of how he has sold out American democracy.
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Ukraine’s Vulnerability Grows as Starlink Is Restricted and Russia Escalates
A huge attack cut power to 600,000 people in Kyiv, and a Pentagon-funded satellite internet program appeared to be curbed without warning.
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War Collides With Saudi Ambition at a Gathering of Oil Powers
The tone of the WPC Energy Congress in Riyadh this week was defiant even as delegates were forced to redirect travel or address the audience from afar.
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I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
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World’s Energy Order Tested Again as Iran War’s Reach Extends Further
“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
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Iran Offers to Mediate Between Its Houthi Allies and Saudi Arabia
Iran has long backed the Houthis, a Yemeni militia, and it made the offer as Saudi Arabia contends with increasingly deadly attacks from them.
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Saudi Arabia Has Few Options as Houthis Aim at Heart of Its Ambitions
Three deadly attacks by the Iran-backed Houthis in Yemen on an airport in the Saudi capital underscored the asymmetrical nature of their conflict with the kingdom.
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Some Republicans Reject Trump’s Move to Import Diesel Fuel From Russia
High diesel costs have posed a problem for Republicans in the midterms, but President Trump’s decision did not satisfy some candidates in key Senate races.