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CommodityOilPrice.com

Oil Crashes 9% as Trump and Vance Blame Iran War for Midterm Rout

Brent fell $8.94, or 8.6%, to $94.66 per barrel at 1:06 p.m. ET on Wednesday, after touching its lowest level since September 4, with traders pricing an end to the Iran war after the White House tied Tuesday’s midterm losses to the conflict. WTI dropped $8.01, or 8.3%, to $88.08. Brent traded near $118 on Friday. Trump told Fox News on Tuesday night that “I think it’s the gasoline price” when…

CommodityOilPrice.com

China's Rail Line Into Central Asia Is Set for 2031

Construction of the China-Kyrgyzstan-Uzbekistan railway is steadily advancing, with work underway on 28 of the 29 planned tunnels and 47 of 50 bridges along the route’s roughly 305-kilometer Kyrgyz section, according to Kyrgyz Railways, a partner in the project. About 22 percent of total construction work is expected to be completed by the end of 2026, with tunnel excavation currently 21.5…

ForexForexLive

House Democratic leader Jeffries says will pass bill to stop tariffs and to end the Iran War

House Democratic Leader Hakeem Jeffries says Democrats will pursue legislation to stop President Trump’s tariffs and bring an end to the war with Iran. He also wants to reverse Medicaid cuts and restore the enhanced Affordable Care Act tax credits, placing healthcare costs at the center of his affordability agenda. The proposals target four areas: Tariffs: Reassert congressional authority over…

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