Stock futures rose and oil prices fell after President Trump cited “very good and productive” talks with Iran over ending the war.
Category: Oil (Petroleum) and Gasoline
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Markets Rally as Trump’s Iran Deadline Is Deferred
The New York Times – Business: -
Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
The New York Times – Business:A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
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Stocks Tumble as Oil Prices Rise
The New York Times – Business:Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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As War Disrupts the Gulf, India’s Growth Story Faces New Risks
The New York Times – Business:Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The New York Times – Business:The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
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Oil Falls and Stocks in Asia Hold Steady
The New York Times – Business:Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
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Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia
The New York Times – Business:As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.