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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

Crude oil prices rose Monday as Iran ruled out talks to extend the memorandum of understanding with the U.S. A senior Iranian official told Reuters, meawhile, that Tehran would shift to offense rather than relying on defense if diplomacy with the U.S. fails. U.S. crude oil futures rose 2.8% to $84.70 per barrel. Brent crude,

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‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’

‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’

President Donald Trump on Friday downplayed the toll on American sailors enduring nearly nine months at sea on the USS Abraham Lincoln as concerns escalated about mental health and supply issues aboard the aircraft carrier supporting U.S. operations against Iran. In a brief exchange with reporters before flying to New York for an event to highlight falling violent crime rates across the

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Onam purchases to burn a hole in the pocket as prices soar

Onam purchases to burn a hole in the pocket as prices soar

With the Onam shopping season fast approaching, prices of essential commodities in the State are rising sharply, putting additional pressure on household budgets. | Photo Credit: H. VIBHU Soaring prices of essential commodities, including rice, are likely to burn a hole in Keralites’ pocket as Onam purchase season is round the corner. Markets across the

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Vance says low oil prices now ‘goal number one’ in Iran war as U.S. threatens new economic pressure

Vance says low oil prices now ‘goal number one’ in Iran war as U.S. threatens new economic pressure

Aug. 14, 2026, 6:11 AM EDT / Updated Aug. 14, 2026, 8:43 PM EDT Keeping gas prices low is now the United States’ “goal No. 1” in the Iran war, Vice President JD Vance has said, as Washington threatened an indefinite naval blockade and signaled it would soon intensify economic pressure on Tehran. The comments appeared to be

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US shifts Iran war focus to prioritize cheaper oil for Americans

US shifts Iran war focus to prioritize cheaper oil for Americans

The United States has reportedly shifted its primary objective in the Iran conflict to focus on securing cheaper oil for Americans, according to a statement by Vice President JD Vance. This marks a significant change in U.S. policy, which previously emphasized preventing Iran from acquiring nuclear weapons. The shift comes amid ongoing tensions and disruptions

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Today’s Top Stories: Cisco, Cerebras, S&P 500 Record and Bill Ackman’s Netflix Return

Today’s Top Stories: Cisco, Cerebras, S&P 500 Record and Bill Ackman’s Netflix Return

TLDR Cisco fell 6-7% despite record revenue of $17.3 billion as margin decline worried investors Cerebras dropped 15-17% after earnings despite 70% revenue growth year over year The S&P 500 hit a fresh intraday record helped by softer-than-expected inflation data Oil prices fell over 2% after a record U.S. crude inventory build of 17.4 million

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