From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
Category: Trump, Donald J
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Asia Is Getting Crushed Between Oil Prices and the Dollar
The New York Times – Business: -
As Gas Prices Spike, California Is Hit Hardest
The New York Times – Business:A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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Iran Says ‘Non-Hostile’ Ships Can Sail Through the Strait of Hormuz
The New York Times – Business:Ships with no ties to Israel or the United States would be allowed to pass, the government said, but it was unclear if any vessels would try.
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Delta Air Lines Says It Will Suspend Special Services for Congress Members
The New York Times – Business:Airport escorts and “red coat” assistance for lawmakers will be suspended, the airline said on Tuesday, citing the extended partial government shutdown.
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Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba
The New York Times – Business:Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
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Investors Question Whether Quick Peace in Iran Is Possible
The New York Times – Business:Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
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Oil Prices Rise a Day After 10% Plunge
The New York Times – Business:President Trump had set off a drastic market reaction on Monday by backing away from a threat to strike Iranian energy infrastructure.
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Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies
The New York Times – Business:Trump officials said on Monday that the war in Iran had emphasized the need to reduce vulnerabilities for energy and technology.
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Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies
The New York Times – Business:Trump officials said on Monday that the war in Iran had emphasized the need to reduce vulnerabilities for energy and technology.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.