The price of Brent crude oil briefly surged pass US$126 a barrel early Thursday as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.
Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said amid turmoil in the global energy market.
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General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of U.S. President Donald Trump’s most sweeping levies.
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