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Beyond its effects on oil and gas, the unfolding war in the Middle East is roiling shipping and airfreight, threatening the availability of a vast range of goods.
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The United States issued a 30-day licence for countries to buy Russian oil and petroleum products currently stranded ?at sea in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets roiled by the Iran war.
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Economists had been expecting gross domestic product to add 0.2%.
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