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U.S. stock-index futures reversed early losses on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.
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Oil prices climb despite Trump moves to temper market AxiosU.S. oil soars past $100 a barrel, as Iran war shows no signs of ending soon NBC NewsIran War Catapults Asia to the Frontline of a Global Energy Crisis Bloomberg.comSkyrocketing energy prices and inflation woes mount as the ‘absurd' reality in Iran sinks in FortuneIran War Delivers Windfall to America's Oil Country WSJ
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Energy Secretary Says ‘No Guarantees' Oil Prices Will Fall Soon The New York TimesUS officials predict quick end to Iran war, while Tehran says it can outlast foes ReutersTrump's energy chief says "no guarantees" gas prices will fall in weeks AxiosEnergy secretary says Americans could feel relief on gas prices 'in a few more weeks' NBC NewsEnergy Secretary Chris Wright s
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Refunds are almost 11% higher than the same point last year, the IRS said this week.
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Investors are picking winners and losers based on economies' exposure to inflationary surge
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Zoom may pose a long-term threat to car sales; global stocks attracted investors after Covid-19 vaccine rollout, and grounded fliers should see plenty of change on prices, mask rules and rewards programs.
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