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US national average diesel price hits new record of $5.94 a gallon, surpassing June 2022 peak and beating previous 2026 record set days earlier
The national average price for diesel in the US reached a record $5.94 a gallon on Wednesday, exceeding the previous record set just days prior and the peak from June 2022. This surge in diesel prices
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US API Crude Oil Inventory Change -0.3, forecast -1.3, prior -2.6, above expectations
API Crude Oil Stock Change: -0.3, expected -1.3, prior -2.6, above expectations Release Time: 2026-09-09 21:00 UTC
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China slams US claims of “industrial-scale” AI theft, with Commerce Ministry dismissing allegations and warning of countermeasures
China's Commerce Ministry on Wednesday forcefully replied to claims by three US agencies (FBI, NSA, CISA) that top Chinese AI companies like DeepSeek, Alibaba, and Moonshot AI have engaged in “industr
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EU and Canada Plan Closer Ties Amid Fraying US Relations Under Trump
Canada and the EU are exploring an even deeper alliance, as their ties with the US continue to fray under President Trump.
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US spy chief John Ratcliffe prepares for greater role in Russia-Ukraine talks, will be involved in shuttle diplomacy between Moscow and Kyiv
US spy chief John Ratcliffe prepares for greater role in Russia-Ukraine talks, will be involved in shuttle diplomacy between Moscow and Kyiv
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Kuwait Petroleum Corporation Offers Oil Transshipment Services Outside Strait of Hormuz Amid US-Iran War Risks
Kuwait Petroleum Corporation (KPC) is offering ship-to-ship transfer services for crude oil and refined products, as buyers avoid ports within the Strait of Hormuz due to the risk of a US-Iran war. KP
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US Firms Unleash Record Wave of Bond Sales in European Markets
An unprecedented number of US companies are turning to Europe’s bond markets, drawn by liquidity and attractive terms as their home market strains under a deluge of AI-related debt.
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KREMLIN: UNITED STATES SHOULD HALT ANY AID TO KYIV FOR THE MILITARY ACTIONS TO STOP
KREMLIN: UNITED STATES SHOULD HALT ANY AID TO KYIV FOR THE MILITARY ACTIONS TO STOP
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US MBA 30-Year Mortgage Rate 6.85%, prior 6.79%
MBA 30-Year Mortgage Rate: 6.85%, Previous: 6.79% Release Time: 2026-09-09 11:00 UTC
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China Rejects US Accusations of Six Chinese AI Companies Systematically Using US Model Development Technology
Previously, U.S. agencies accused six Chinese AI companies, including DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Zhipu AI, of "poaching" models from leading American developers. Beijing cal
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Iran eases currency rules to bypass US sanctions with crypto, per report
According to a Financial Times report, Iran has eased its currency rules, allowing exporters to fund imports with overseas earnings without first selling their foreign currency at official rates. This
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Chinese energy firms, including Sungrow and EVE Energy, warn policy volatility complicates long-term overseas expansion amid geopolitical risks
Executives from Sungrow Power Supply and EVE Energy stated at a Hong Kong event on Tuesday that policy stability is their top expectation, as their global investments face increasing geopolitical risk
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Iran faces growing medicine shortages, with 800 products in short supply and prices surging up to 375%, amid tightened US sanctions and war damage.
About 800 pharmaceutical products are currently in short supply nationwide, including 90 essential ones. Prices have surged, with gabapentin up 220%, acetaminophen 375%, amoxicillin 285%, fluoxetine 1
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Brent crude oil prices hit $100/barrel for the first time since July 24.
Brent crude oil prices hit $100 per barrel for the first time since July 24, driven primarily by conflicts between the United States and Iran, and a resurgence in Chinese oil purchases.
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US-Iran Conflict Escalates: Iran Claims Attacks on US Vessels and Oil Tankers, Brent Crude Nears $100/Barrel
Oil prices rose and stock markets fell after the US and Iran attacked each other's ships and oil tankers in the Strait of Hormuz. Iran's Revolutionary Guard claimed to have attacked two US ships and e
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Escalating US-Iran conflict heightens environmental risks in the Strait of Hormuz; on September 8, US forces attacked five Iranian oil tankers.
Al Jazeera reported that the United States and Iran have been mutually attacking oil tankers and vessels in and around the Strait of Hormuz, raising concerns about a catastrophic oil spill in the Gulf
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Former U.S. Trade Representative Schwab: U.S.-Canada Relations Remain Crucial, Cooperate Against Chinese Competition to Protect North American Industries
Former U.S. Trade Representative Susan Schwab stated that despite impending political friction, shared geography and deep economic ties will keep the United States and Canada aligned. She noted that j
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BOK's Rhee: FX Intervention Can Calm Volatility
Bank of Korea Governor Rhee Chang Yong stated that foreign exchange intervention can calm market volatility. He expressed surprise that recent market interventions appeared to be mainly by Japan and t
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U.S. Military Claims Destruction of Five Iranian Oil Tankers, Iran Subsequently Attacks U.S. Base in Jordan
U.S. Central Command stated that U.S. forces destroyed five Iranian oil tankers after the Islamic Revolutionary Guard Corps (IRGC) attacked a U.S. warship twice in two days. Iran subsequently retaliat
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Venezuela is reportedly evaluating a potential exit from OPEC, following the United States' announcement that it would gain majority control over a significant portion of the country's oil assets.
Caracas is closely evaluating the possibility of withdrawing from OPEC after the United States announced it would acquire majority control of a significant portion of Venezuela's oil assets. This deve
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Iran's IRGC attacks US military base in Jordan
Iran's IRGC attacks US military base in Jordan
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White House Announcement: The U.S. President issued a proclamation prohibiting the import of certain Canadian products in response to Canada's continued discrimination against U.S. automotive trade.
The White House announced that the U.S. President has directed a ban on the import of certain Canadian products into the United States. This follows the U.S. imposition of additional tariffs on Canadi
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U.S. military launches new round of attacks on Iranian oil tankers, international oil prices approach $100.
International oil prices are nearing $100 after the U.S. military attacked several vessels linked to Iran's Revolutionary Guard in response to a recent missile attack on a U.S. Navy warship.
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Donald Trump has directed the restriction of Canadian products from U.S. federal procurement unless Canada reciprocally opens its market.
U.S. President Donald Trump has instructed the General Services Administration (GSA) and the Office of the United States Trade Representative (USTR) to remove Canadian-origin products from federal pro
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The U.S. imposed visa restrictions on South African officials, accusing them of discriminating against the white minority and warning of further escalatory measures.
U.S. Secretary of State Marco Rubio announced on Tuesday that the United States will impose visa restrictions on South African officials accused of discriminating against the white minority in South A
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Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose by 7.1 million barrels, offsetting supply concerns from the shutdown of a Saudi oil pipeline.
International benchmark Brent crude for November delivery fell 1.02% to $107.64 per barrel, while U.S. West Texas Intermediate (WTI) crude for October delivery dropped 1.29% to $104.46 per barrel. Thi
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The Trump administration plans to sell 2,000-pound bombs worth $2.8 billion to Israel.
The Trump administration is preparing to sell 907 kilograms (2,000 pounds) of bombs worth $2.8 billion to Israel, one of the largest such munitions sales in recent years, according to The Washington P
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US charges five people linked to Russian ‘assassination network’
The indictment marks a rare accusation of alleged Kremlin-backed plots on American soil.
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US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
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Middle East tensions escalate, with the cost of shipping US crude oil to Asia surging to a record $44.8 million.
According to data from the Baltic Exchange, as of this Tuesday, the cost to charter a Very Large Crude Carrier (VLCC) to transport 2 million barrels of crude oil from the US Gulf Coast to China has su
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Japan's August Export Growth Remains Robust, Led by US Shipments, Despite Slight Slowdown
Japan's August Export Growth Remains Robust, Led by US Shipments, Despite Slight Slowdown
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US API Crude Oil Inventory Change 7.14, expected -1.8, prior -0.3, above expectations
API Crude Oil Stock Change: 7.14, expected -1.8, prior -0.3, above expectations Release Time: 2026-09-15 20:30 UTC
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U.S. Senate Republican leaders are considering discussions on a diesel export ban after U.S. diesel prices hit a new all-time high of $6.27 per gallon on Tuesday.
The U.S. Senate Republican leader stated he is open to discussing an export ban on diesel. This follows Tuesday's record-high average U.S. diesel price of $6.27 per gallon, up about 80 cents from a mo
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Nikkei Asia analysis: Global trade is being reshaped as the EU, China, and US shift towards enforcement of their own trade rules
According to a geopolitics strategist specializing in European, Asian, and U.S. relations, legal triage is becoming a central aspect of due diligence in this evolving landscape.
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Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase."
Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase." He also noted that Iran occasionally fires on merchant ships, but the United
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Bloomberg: Big Pharma Bets on China's New Drugs, Potentially Impacting US Biotech Dominance
Bloomberg reports that major pharmaceutical companies are looking to China for their next generation of blockbuster drugs. This shift could have profound implications for patients and the future domin
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Michael Saylor retweeted a post from Strategy, stating that Bitcoin has had years of legal and regulatory clarity in the United States.
Michael Saylor retweeted a post from Strategy, stating that Bitcoin has had years of legal and regulatory clarity in the United States.
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Pentagon watchdog warns of munitions ‘shortfall’ after US spent $22bn on ordnance in first four months of Iran war
A Pentagon inspector general warned of “industrial base bottlenecks” after the US military spent $22 billion on ordnance in the first four months of the Iran war, leading to a munitions shortfall.
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Iran's foreign minister claims hundreds of U.S. military sites hit and dozens of aircraft damaged
Iran's foreign minister rejected claims that Iran is defenseless, asserting that these figures were based on Pentagon information and that Tehran will disclose additional details "in due course." The
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International IDEA report warns US democratic decline threatens global rule of law, with nearly half of its democracy indicators at 50-year lows
The International Institute for Democracy and Electoral Assistance (International IDEA) released a report on Tuesday, stating that the US is accelerating the global weakening of the rule of law. The s
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Al Jazeera analysis: China does not need to replace the US in the Gulf, can gain leverage through trade and technology
The analysis suggests that China's growing influence in the Gulf region is primarily driven by economic leverage through trade and technology, rather than military overreach. It notes that China benef
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Canadian PM Carney visits Europe to seek 'unique alliance' with EU amid US trade war, rules out EU membership
Canadian Prime Minister Mark Carney is visiting Strasbourg, France, and Liverpool, UK, from September 15 to 17 to strengthen Canada's ties with the EU in trade, investment, and security. Carney stated
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US Treasury Secretary Scott Bessent: We are ending the Iranian threat, not "managing" it
US Treasury Secretary Scott Bessent: We are ending the Iranian threat, not "managing" it
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LNG Buyers Accelerate Talks to Buy More US Fuel Amid Hormuz Disruption Risk
Liquefied natural gas buyers are accelerating discussions to buy more fuel from the US as the Iran war and turmoil over the Strait of Hormuz forces them to seek alternatives to suppliers in the Middle
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Oman and U.S. Foreign Ministers Discuss Regional De-escalation, Reaffirm Closer Coordination
Oman’s Foreign Minister held a phone call with his U.S. counterpart to discuss rapidly evolving regional developments and efforts to reduce tensions and contain the fallout. The two also discussed cre
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Global bonds fall, Japan's 10-year yield surpasses 3%
Investors are continuing to sell government debt, pushing Japan's 10-year yield above 3%, following a landmark rise in American borrowing costs.
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U.S. Department of Defense report: Iran war cost $33.4 billion by end of June, with hundreds of buildings and dozens of aircraft damaged.
The Iran war has cost approximately $33.4 billion as of June 29, according to a report submitted to Congress by the U.S. Department of Defense on Monday. Of this, Iranian attacks caused $184 million i
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Officials from the Democratic Republic of Congo and Rwanda will meet in Geneva on September 16-17 to discuss the implementation of the 2025 Washington Accord.
The talks are part of a meeting of the Joint Security Coordination Mechanism (JSCM) between the two countries, aimed at assessing the implementation progress of key security commitments. This follows
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