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White House warned staff against making Iran war bets on prediction markets
Samuel Boivin | Nurphoto | Getty Images The White House last month warned staff in an email not to make prediction markets bets related to the Iran war, a Trump administration official confirmed Friday. The warning came amid increasing concern about insider trading on prediction markets such as Polymarket after a series of suspiciously timed […]
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Here’s the inflation breakdown for March 2026 — in one chart
A woman shops for dairy products at a local supermarket in the Sugar Hill neighborhood of the Manhattan borough of New York City on April 9, 2026. Charly Triballeau | Afp | Getty Images Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a […]
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Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
Lufthansa Airbus A340 passenger aircraft as seen landing at Eindhoven Airport EIN during a rare charter flight, arriving from Athens, Greece. Nicholas Economou | Nurphoto | Getty Images Europe’s airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and “significantly” harming the European economy. ACI Europe, which represents […]
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What’s at stake ahead of crucial U.S-Iran peace talks as leaders meet in Pakistan
Prime Minister of Pakistan Shehbaz Sharif speaks during the 80th session of the UN’s General Assembly (UNGA) at the United Nations headquarters on Sept. 26, 2025 in New York City. Taylor Hill | Getty Images Delegates from the U.S. and Iran are set to enter talks in Pakistan on Saturday, as major disagreements threaten to […]
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S&P 500 is about to wipe out Iran war losses. Why stocks are more optimistic than oil
U.S. stocks are on the verge of erasing losses sparked by the Iran war, with investors increasingly betting the geopolitical shock will prove short-lived. Oil markets remain far more cautious. A two-week ceasefire announced Tuesday night has helped fuel the recovery in stocks, triggering a relief rally that has helped push shares to recoup more […]
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Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics
BEIJING — China’s ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports. That stance underpins Beijing’s circumspect acknowledgment of reports that it pushed Iran toward this week’s temporary ceasefire. A New York Times report cited […]
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What this real-world oil price says about the level of stress in the energy market
A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in the […]
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Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices edged higher in choppy trading Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite […]
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China factory prices return to growth after 3 years, beating expectations on surging oil prices
HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices […]
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Asia-Pacific markets open mostly higher as a fragile Iran-U.S. ceasefire keeps investors on edge
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source
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