Iran, Trump and Israel
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G7, Trump and Canada
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JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst-case scenario.
The run-up in crude futures paused on Monday, with prices falling more than 1% on signs that Iran wants to end hostilities with Israel and resume nuclear talks. U.S. crude oil lost $1.21, or 1.66%, to close at $71.
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DPA International on MSNGermany's Merz meets Trump at G7 summit amid hope for tariff progressGerman Chancellor Friedrich Merz on Monday met US President Donald Trump for bilateral talks on the sidelines of the Group of Seven (G7) summit in Canada. The meeting in the mountain resort of Kananaskis lasted around 20 minutes,
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage points,
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The Mirror US on MSNFormer White House official issues six-word warning as oil prices soarA former White House official issued a chilling ultimatum to Donald Trump's administration as oil prices continue to rise in the US
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said.
NEW YORK (Reuters) -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to U.S.-wide protests against U.S. President Donald Trump that threatened more domestic chaos.