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Oil prices are at their highest levels since Russia invaded Ukraine in 2022 Oil prices are at their highest levels since Russia invaded Ukraine in 2022

Business

Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions.

Analysts warn that a sustained increase in diesel prices will begin to have knock-on effects on other goods, as transportation costs increase

Business

Wholesale prices in the United States rose sharply in April, lifted by a surge in energy costs related to the Iran war, registering their...

US stock markets have been booming this year -- despite the Iran war -- but analysts warn those gains are concentrated in the hands of the wealthy

Business

"The economy is resilient, but it's also kind of precariously perched," said Mark Zandi, chief economist at Moody's Analytics.

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