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‘Biblical disaster’: Trump plots a radical move to control oil prices

‘Biblical disaster’: Trump plots a radical move to control oil prices

Chris Price and Joe Wright March 16, 2026 — 6:35pm The Trump administration is considering intervening in oil markets to push down prices despite warnings that it would risk a “biblical disaster”. Doug Burgum, the US interior secretary, said officials had discussed trading in the so-called futures markets after war in Iran put the price […]

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Japan Stocks Face Earnings Risk as Iran Conflict Lifts Oil Costs

Japan Stocks Face Earnings Risk as Iran Conflict Lifts Oil Costs

v(mjhr7bec3a4(6qi]ff8ol2_media_dl_3.png Bloomberg Article content (Bloomberg) — Japan’s equity rally built on strong corporate earnings is beginning to look vulnerable as the escalating conflict in Iran pushes crude oil prices higher, stoking concern that rising energy costs could erode profits. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your

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China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

uac)e1c0bsrf7rt4aqik8919_media_dl_1.png Bloomberg Article content (Bloomberg) — Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fueled by the war in Iran stoked inflation concern. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles

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PETROAN urges FG to invest oil price gains in gas infrastructure

PETROAN urges FG to invest oil price gains in gas infrastructure

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government to channel gains from the current surge in global oil prices into investments in Nigeria’s gas infrastructure.  The post PETROAN urges FG to invest oil price gains in gas infrastructure appeared first on Nairametrics… https://nairametrics.com/2026/03/15/petroan-urges-fg-to-invest-oil-price-gains-in-gas-infrastructure/

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Nigeria losing benefits of rising crude oil prices due to low production capacity, economist says

Nigeria losing benefits of rising crude oil prices due to low production capacity, economist says

An economist, Chijioke Ekechukwu, says Nigeria could have recorded a major economic windfall from the current surge in global crude oil prices if its production had been operating at full capacity. Mr Ekechukwu, the group managing director/chief executive officer of Bristol Investment Limited, said this in an interview with journalists in Abuja on Sunday, while

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Government ‘standing by British people’ Miliband says amid fuel duty questions

Government ‘standing by British people’ Miliband says amid fuel duty questions

The Government is open to halting its plans to raise fuel duty for the first time in more than a decade should the war in the Middle East continue into the latter half of the year, Ed Miliband has hinted. The Energy Secretary insisted the Government will “stand by the British people in this crisis”

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Iran is receiving ‘military cooperation’ from Russia and China, foreign minister says

Iran is receiving ‘military cooperation’ from Russia and China, foreign minister says

Mar. 14, 2026, 5:54 PM EDT Iran is receiving “military cooperation” from Russia and China, Iranian Foreign Minister Abbas Araghchi said in an exclusive interview with MS NOW on Saturday. He also accused the United Arab Emirates of allowing the U.S. to launch attacks on Iran from its territory  Araghchi said Iran has no intention

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