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Oil unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright says oil prices are unlikely to reach $200 a barrel despite disruptions in the Strait of Hormuz caused by the Iran conflict.
US Senate passes housing affordability, House consideration next
The US Senate passed a bipartisan bill to increase affordable housing construction, now awaiting House approval amid industry opposition and rising mortgage rates.
World faces largest-ever oil supply disruption on Middle East war, IEA says
The IEA reports the biggest oil supply disruption in history due to the Middle East war, with global supply dropping 8 million barrels per day in March 2024.
Anthropic seeks appeals court stay of Pentagon supply-chain risk designation
Anthropic has requested a stay from a U.S. appeals court following the Pentagon's designation of the company as a supply-chain risk, potentially costing billions.
Dollar nears 2026 highs as volatile oil fans inflation spike fears
The U.S. dollar approaches its highest level since 2026 amid rising oil and gas prices, prompting inflation concerns and potential central bank rate hikes.
Oil prices up 5% as supply fears mount despite record stocks release plan
Oil prices surged nearly 5% due to attacks in the Strait of Hormuz and concerns over supply despite the IEA's plan for a record 400 million barrel reserve release.
US consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices rose moderately in February with steady rents and rising gasoline costs before the Iran conflict escalated oil prices. Inflation remains steady but geopolitical risks loom.
Boeing says wiring flaws could delay Q1 737 MAX jet deliveries
Boeing reports wiring flaws causing rework on 737 MAX jets, potentially delaying first-quarter deliveries, but expects to meet 2024 delivery goals.
Dollar eases on conflicting signals about Trump’s Middle East timeline
The dollar fell as investors reacted to conflicting statements from President Trump on the Middle East conflict timeline and a drop in oil prices following heavy strikes on Iran.
Back to the 1970s? Investors brace for return of stagflation
Investors brace for stagflation as Middle East conflict drives oil prices above $100, threatening inflation and economic growth worldwide.
AT&T outlines $250B US investment plan to boost infrastructure in AI age
AT&T will invest over $250 billion in the US over five years to enhance fiber broadband, 5G, and satellite connectivity, supporting AI and data demand growth.
Anthropic sues to block Pentagon blacklisting over AI use restrictions
Anthropic filed a lawsuit to block the Pentagon's national security blacklist over restrictions on AI use for autonomous weapons and surveillance.
