U.S. consumer sentiment eased to a three-month low in March as war in the Middle East boosted oil prices and unleashed volatility on financial markets, raising concerns about the economy's prospects, a survey showed Friday.
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Russia: US Wrong to Tie Economic Conditions to Ukraine War
The Kremlin said on Friday that the United States is wrong to make economic cooperation with Russia conditional on a settlement of the war in Ukraine.
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Iran Threatens to Close Second Strait
Iran is escalating its pressure campaign against the United States and its allies by threatening to disrupt a second global shipping lane, raising concerns about energy security and the world economy as President Donald Trump seeks to end the conflict.
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Iran Charging $2 Million for Hormuz Passage Per Ship
Iran is moving to formalize a controversial system of charging up to $2 million per vessel for safe passage through the Strait of Hormuz, according to sources close to shipowners.
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Markets now see the Fed's next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
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Report: Trump Team Maps Economy Push for November Vote
President Donald Trump's political team planned to meet with his Cabinet late Thursday to discuss how top officials would highlight the administration's economic record ahead of the November midterm elections.
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