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Oil prices were surging back above $100 per barrel on Monday morning after a breakdown in talks between the U.S. and Iran over the weekend.
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‘It's all we have to run on': GOP looks to tout tax cuts as war overtakes Hill agenda PoliticoCapitol agenda: Scandals and Iran overshadow GOP tax pitch PoliticoFor tax week, Trump and Ohio Republicans try to sell last year's tax cuts Dayton Daily NewsGOP pivots to economy and tax refunds after Iran ceasefire Washington Examiner
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As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
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Investors should be keeping a close eye on the difference between Brent and U.S. crude, which is sending a message that market worries over the crisis in Iran have peaked, says Morgan Stanley.
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NBA final-day roundup: Nuggets, Raptors take charge as tumultuous regular season ends The New York TimesNBA playoff scenarios, regular season finale NBANBA playoffs 2026 preview: What to know about every first-round series The New York TimesWinners and losers of NBA's regular-season finales: Bracket breaks nicely for Rockets and Cavaliers CBS Sports
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Oil prices rise after Trump threatens to block passage through Strait of Hormuz CNNOil prices surge after Trump says U.S. will blockade the Strait of Hormuz NBC NewsStock, Oil Futures Poised to Open Amid Blockade Threats, End to Iran Talks Barron'sTraders Are Racing to Place Their Bets Ahead of Trump's Iran Deadline WSJ
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