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US Bonds, Dollar Battered as ‘Sell America’ Trade Heats Up

Global markets were pummelled on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds were fleeing U.S. assets. This week has brought crisis-era volatility to markets, wiping off trillions of dollars in value from stocks and hitting commodities and emerging …

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Russia Says Ukraine Continues to Strike Energy Infrastructure Daily Despite Moratorium

Russia, the world’s second biggest oil exporter, said on Wednesday that Ukraine continued to strike Russian energy infrastructure on a daily basis, in violation of a U.S.-brokered 30-day moratorium on strikes on energy infrastructure. Ukraine and Russia agreed on March 18 to stop attacking each other’s energy facilities, although President Vladimir Putin declined to endorse …

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Chevron to ‘Triple-Frac’ Half of Permian Oil Wells in 2025 to Cut Costs, Time

*Chevron’s triple-frac cuts well completion time by 25% *Technique reduces costs per well by 12% *Triple-frac requires 60% more water and sand per day By Sheila Dang2 HOUSTON, April 9 – U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a …

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Wall Street’s Tariffs Rout Resumes After Rebound Fails

The S&P 500 closed below 5,000 points for the first time in almost a year, reversing a strong morning rally as hopes faded for any imminent U.S. delays or concessions on tariffs ahead of a midnight deadline. The benchmark index fell 1.6% on Tuesday marking a $5.8 trillion loss in market value since President Donald …

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Oil Settles Down $1 at Four-Year Low as US-China Trade War Escalates

By Georgina Mccartney Oil prices settle down more than $1 a barrel Downside risks remain as US, China escalate tariff conflict Goldman Sachs says Brent, WTI could hit $62 and $58, respectively, by December 2025 Trump says US and Iran will hold nuclear talks in Oman HOUSTON, April 8 (Reuters) – Oil prices settled down …

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