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Oil prices were depressed during the first two months of the year, but suddenly spiked after the U.S. and Israel attacked Iran on Feb. 28.
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Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
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Republican lawmakers say they will continue to defer to President Donald Trump, for now, during the fragile ceasefire with Iran.
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The international jury of the Venice Biennale resigned Thursday amid tensions over Russia's participation and the panel's decision to bar prizes for countries accused of crimes against humanity.
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President Trump says he's nominating former Fox News Channel contributor Dr. Nicole Saphier for surgeon general after Dr. Casey Means' path forward stalled in the Senate over questions about her experience and her stance on vaccines.
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Under the 1973 War Powers Resolution, a U.S. president needs to withdraw troops 60 days after reporting their deployment to Congress
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The jury of the world's most important art exhibition had said it wouldn't consider artists from countries whose leaders are accused of crimes against humanity.
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The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and warn of the impact of a prolonged energy shock.
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Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period that included the first weeks of conflict in the Middle East.
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The Lebanese militant group is attacking Israeli troops with explosive drones controlled by fiber-optic cables, like those commonly used in the war in Ukraine.
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If President Trump flies to China as planned in May, the primary topic will clearly be the rippling economic effects of a war that Beijing has made clear it viewed as unnecessary.
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;Resize=(620)) Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts' forecasts.
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