Politics
Oil prices inch back toward $90 mark as traders shrug off prospect of historic reserve release
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images Oil prices moved higher early on Wednesday, despite a report that there would be a historic release of emergency reserves […]
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Cargo ship struck by a projectile in the Strait of Hormuz, UK says
Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A cargo ship in the Strait of Hormuz has been […]
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Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Rotterdam hopper dredger vessel operated by Van Oord sits anchored, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the […]
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Anduril expands into space as defense tech angles to support Trump’s Golden Dome
Palmer Luckey, founder of Anduril Industries, during a Bloomberg Tech interview at Anduril’s headquarters in Costa Mesa, California, Oct. 10, 2025. Kyle Grillot | Bloomberg | Getty Images Anduril acquired missile tracking and intelligence firm ExoAnalytic Solutions as it extends its reach into U.S. defense interests in space, the company announced on Wednesday. Through the […]
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Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order
Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Microsoft threw its support behind Anthropic on Tuesday, saying a judge should issue a restraining order that would block the Pentagon’s designation of the artificial intelligence giant as a supply chain risk […]
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Iran war: Israel’s president Herzog calls ‘cost’ for business the price for Middle East peace
Israeli President Isaac Herzog visits the site of an Iranian strike in Beit Shemesh, Israel, March 2, 2026. Alexi J. Rosenfeld | Getty Images Israeli President Isaac Herzog told a group of U.S. business leaders at the Yale CEO caucus meeting on Tuesday that he understands their concerns about the costs of the war against […]
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Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation
Sen. Thom Tillis, R-N.C., talks with reporters in the U.S. Capitol during votes on Tuesday, March 10, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images There is nothing that Federal Reserve chair nominee Kevin Warsh can say to get Sen. Thom Tillis to end his blockade on Warsh’s confirmation, the North Carolina Republican […]
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Gas prices threaten Republican lawmaker’s plans to win on affordability
High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. Frederic J. Brown | Afp | Getty Images Rising gas prices and no clear end of the Iran war are clashing with GOP plans to win the November elections […]
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Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of […]
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‘Forever war:’ Democrats rebut Trump’s assertion that Iran war nearing end
Sen. Elizabeth Warren, D-Mass., from center left, Sen. Chris Coons, D-Del., Sen Jon. Ossoff, a D-Ga., and Sen. John Hickenlooper, D-Colo., during a State of the Union address in the House Chamber of the US Capitol in Washington, DC, US, on Tuesday, Feb. 24, 2026. Al Drago | Bloomberg | Getty Images Senate Democrats on […]
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