President Donald Trump still intends to raise his current set of global tariffs to 15%, White House trade adviser Peter Navarro said Wednesday.
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Oil CEO to Vance: Hormuz Access Key to Markets
Abu Dhabi oil giant ADNOC's CEO Sultan Al Jaber warned Vice President JD Vance that restoring free passage through the Strait of Hormuz is the only lasting way to stabilize global energy markets, as conflict with Iran chokes off a critical oil corridor.
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Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
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Hope for Iran Off-Ramp Sends Oil Prices Sharply Lower
Wall Street pointed toward solid gains and oil prices fell 6% Wednesday over the possibility of a de-escalation in Iran and negotiations with the United States.
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Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
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Markey to Big Oil: Cut CEO Pay to Reduce Gas Prices
Sen. Ed Markey is pressuring the nation's largest oil companies to slash executive pay and redirect the savings to struggling American consumers as gas prices surge.
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