🛢️ Crude oil price

24 hours ago: $117

Now: $85

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BREAKING: Saudi Arabia, Iraq, the UAE and Kuwait have lowered their collective oil output by 6.7 million barrels a day, equivalent to 6% of global supply, according to Bloomberg report.

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🚨🚨 JPMorgan says the S&P 500 could fall by 10%.

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🇺🇸 U.S. national debt is projected to increase by $2.4 trillion annually over the next decade, per the CBO.

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JUST IN: 🇺🇸 U.S. Treasury projected to buy back $15 Billion of their own debt today, the LARGEST Treasury buyback in history.

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JUST IN : 🚨🚨 British Airways cancels all flights to and from Abu Dhabi until later this year, and all flights to and from Amman, Bahrain, Doha, Dubai and Tel Aviv until later this month — Sky

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🚨🚨 Porsche profits crashed by 98% last year.

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🇦🇪 UAE’s largest oil refinery shuts down operations “as a precautionary measure.”.

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🇮🇳 Restaurants and hotels across India warn they may shut down as LPG supplies are disrupted by the US–Israel war with Iran, with shipping through the Strait of Hormuz heavily impacted – Reuters.

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🚨🚨 Volkswagen to cut 50,000 jobs by 2030.

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JUST IN 🚨: U.S. Treasury completes buyback of $14.7 Billion worth of debt, the LARGEST Treasury buyback in history.

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BREAKING: Nvidia, $NVDA, is planning to launch an open-source AI agent platform called NemoClaw, allowing enterprises to deploy AI agents for their workforces, per WIRED.

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BREAKING: 🇺🇸 US intelligence believes Iran is preparing to deploy naval mines in the Strait of Hormuz.

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🇮🇳🇧🇩 India to supply 5,000 tonnes of diesel to Bangladesh amid fuel concerns.

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🇺🇸Bank of America says a lasting oil spike could lead the Federal Reserve to ease monetary policy.

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🇺🇸 Trump administration says cost of Iran war's first two days was $5.6 billion.

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BREAKING: 🚨 AFP reports that a container ship was struck off the coast of the UAE by an 'unknown projectile'

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🇺🇸 Americans are now taking more hardship withdrawals from their 401(k) retirement accounts than at any time in history.

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🇺🇸 US inflation remains at 2.4%.

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🇦🇪 Citi bank evacuates office in Dubai.

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🇺🇸 Trump's estimated net worth has risen to about $6.5 billion, per Forbes.

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