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(Bloomberg) — Oil gained after efforts to resume peace talks over the Iran war stalled, with the vital Strait of Hormuz remaining effectively closed, extending disruptions in the Middle East that have roiled global markets. Read More
(Bloomberg) — Chevron Corp. Chief Executive Officer Mike Wirth said changes to Venezuela’s oil policy are a sign of progress in trying to attract foreign investment, though further measures are needed. Read More
A photo accompanying this announcement is available at:
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(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More
