Nearly 75 percent of farmers surveyed before the war said the crop sector was in a recession. They face bigger hurdles this planting season.
Category: Natural Gas
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War With Iran Puts Further Strain on America’s Pessimistic Farmers
The New York Times – Business: -
Japan and Germany Say They Will Release Oil
The New York Times – Business:Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East.
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Oil Falls and Stocks Rise After a Day of Drastic Swings
The New York Times – Business:The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
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Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict
The New York Times – Business:Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
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Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis
The New York Times – Business:The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
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Stocks Tank in Asia as Oil Price Surges
The New York Times – Business:Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region’s previously booming stocks.
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War-Induced Inflation Spike Looms Over Europe’s Economic Recovery
The New York Times – Business:For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
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Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates
The New York Times – Business:Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
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Natural Gas Prices Surge After Attacks Hit Facilities in Qatar
The New York Times – Business:Qatar said it had halted production of liquefied natural gas, forcing buyers to compete for supplies elsewhere.
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Germany’s Oil and Gas Output Is Dwindling as Prices Rise
The New York Times – Business:Natural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks to replace flows from Russia.