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13.03.26 - 04:01
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US temporarily lifts sanctions on Russian oil amid Iran prices spike (The Hill)
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The U.S. is temporarily removing sanctions on Russian oil currently stranded at sea, Treasury Secretary Scott Bessent announced late Thursday — the latest move by the Trump administration attempting to stymie soaring energy prices amid the war with Iran. Bessent wrote in a post on the social platform X that the "narrowly tailored" measure "will......
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13.03.26 - 03:48
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Asia Markets at Risk Due to Oil Dependency: BCA Research (Bloomberg)
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BCA Research's Garry Evans says the extent of the pressure on Asian markets "comes down to the dependence on oil." He tells Bloomberg Television that investors should look at places "that have quite a lot of energy companies in their indexes," such as Australia, Canada and Mexico. (Source: Bloomberg)...
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