Economy
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Chalmers Warns Iran Ceasefire Breakdown Threatens Growth and Inflation
SINGAPORE, July 8 — The global petroleum market is holding its breath, watching a narrow stretch of water…
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Saudi Arabia Reroutes Oil Through Desert Pipeline After Hormuz Closure
MANAMA, July 8 — The Strait of Hormuz remains the world’s most critical oil transit chokepoint, a narrow…
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Ukrainian Drones Hit Ryazan Refinery, Ending Pause in Energy Strikes
LONDON, July 8 — Against this backdrop of escalating conflict in the Black Sea, Ukraine’s recent strikes on…
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Oil Prices Jump Nearly 6% After Trump Ends Iran Ceasefire
WASHINGTON, July 8 — On March 30, 2025, President Donald Trump declared the ceasefire agreement with Iran “over,”…
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Gasoline Prices Push US Inflation to 3.4% in August as Fed Rate Rise Looms
NEW YORK, July 8 — On the ground in American fuel markets, the price signals are flashing sharp…
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Strait of Hormuz Closure Could Push Oil Past $98 and Cut Global Growth, Dallas Fed Says
MUSCAT, July 8 — Global energy markets are watching a narrow stretch of water with renewed concern this…
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Oil Above $100 Pushes Up Gasoline, Groceries and Heating Costs, Analysts Warn
WASHINGTON, July 8 — The nearly 6% jump in oil prices on March 30 is about to hit…
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Ukrainian Drones Hit Russia’s Omsk Refinery a Second Time After July Shutdown
MOSCOW, July 7 — When a Ukrainian drone struck the Omsk Refinery on August 26, 2024, the shockwaves…
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How Oil Grew From One Pennsylvania Well Into a Force in the Global Economy
WASHINGTON, July 7 — The story of petroleum is one of discovery, power, and profound economic consequence. For…
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Putin Says Ukrainian Refinery Strikes Cost Russia About 1% of GDP
MOSCOW, July 7 — The mechanics here are brutal in their simplicity: Ukrainian drone strikes hit Russian oil…
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Ukraine Says Drones Hit Omsk Refinery in Deepest Strike Into Russia Yet
OMSK — A drone strike on May 9, 2024, that ignited a processing unit at the Omsk Refinery…
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Hormuz Blockade Puts Spotlight on Five Other Chokepoints Threatening World Trade
TEHRAN, July 7 — About 21 million barrels of oil per day passed through the Strait of Hormuz…
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Ukrainian Drones Set Fire to Ilsky Oil Refinery in Russia’s Krasnodar Krai
MOSCOW, July 7 — The mechanics here are worth following closely. Russia’s oil and gas sector accounts for…
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Global Oil Prices Surge as Strait of Hormuz Shipping Halts
DUBAI, July 7 — Global oil markets are still feeling the shockwaves from an attack more than a…
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Attacks on Strait of Hormuz Push Global Oil Prices Higher
DUBAI, July 6 — Global oil markets are once again staring down the barrel of disruption in the…
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Türkiye unveils green finance strategy for sustainable economy
ANKARA, July 5 — Türkiye has unveiled its National Green Finance Strategy and Action Plan for 2026-2029, a…
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Wood Mackenzie Forecasts Henry Hub Gas Prices Approaching US$5/mmbtu by 2035
HOUSTON, July 2 — The era of cheap natural gas in the United States, with prices routinely sitting…
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ADNOC, Eni Acquire Stakes in Argentina LNG Blocks
BUENOS AIRES, July 1 — The figure that matters: 32 percent. That is the stake each of two…
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Alberta Wildfires and Cuba Sanctions Hit Canadian Oil Output and Cobalt Refining
EDMONTON — Analysts watching Canada’s energy sector see a supply chain under siege from two directions at once.…
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Strait of Hormuz closure threatens plastics and fertilizer supply, Atlantic Council analysts warn
SYDNEY — The Strait of Hormuz crisis has done something unusual. It has made visible a fact the…
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Falco Resources CEO Highlights C$6.4B After-Tax Cash Flow for Horne 5
Luc Lessard, the president and CEO of Falco Resources, has a project on his hands that generates C$6.4…
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Oil Hits Three-Week Low After Trump Calls Off Iran Strikes and Cites Deal Outline
For every barrel of crude that trades on global markets, there is now a two-front war playing out…
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Qatari LNG Tanker Crosses Strait After Nearly Two Week Hiatus
Qatar, May 22, 2026 — infopulsetoday.com — A Qatari liquefied natural gas (LNG) tanker has successfully navigated the…
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Six Decades of the Oil Cartel: OPEC After the UAE Walks Out
VIENNA, July 9 — The Organization of the Petroleum Exporting Countries, a bloc that has shaped global energy…
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