Economy
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Soaring pump prices drive US inflation to highest level in almost two years
Inflation in the US accelerated last month to its highest rate in nearly two years, as surging oil prices triggered…
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US loans 8.5 mln barrels of SPR oil in second batch since Iran war
The US Department of Energy said on Friday it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum…
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Europe could face jet fuel crunch within weeks, airports body warns
Europe’s airport industry group has warned that the continent could face a systemic jet fuel shortage in three weeks unless the Strait…
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Hot in the city: Energy crisis tests Singapore’s air-con addiction
Infamous for its widespread use of air-conditioning – has told government employees to bring up the temperature in offices to…
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YouTube sparks backlash after introducing 90-second unskippable ads on TV
Popular video-sharing platform YouTube recently sparked backlash after rolling out unskippable 90-second ads for TV users, making it impossible to…
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Flights resume in Sao Paulo after brief airspace closure due to technical issue
The airspace of Sao Paulo has been reopened following a brief closure on Thursday morning, the Congonhas and Guarulhos airports’…
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EU aviation regulator extends warning to avoid Middle East airspace until April 24
Europe’s aviation safety regulator EASA on Thursday extended until April 24 its advisory to airlines to avoid the Middle Eastern…
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India’s high-growth economy gets a Middle East oil shock
It wasn’t too long ago that India’s central bank, the Reserve Bank of India (RBI), described the country’s high growth-low…
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Oil slides after US-Iran ceasefire deal to reopen Strait of Hormuz
Global oil prices have fallen sharply and stock markets have jumped after the US and Iran agreed a conditional two-week…
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Qatar LNG ships appear to abort bid to exit Strait of Hormuz
Two loaded liquefied natural gas carriers that had seemingly aborted an attempt to exit the Arabian Gulf via the Strait…
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