Brent crude rises amid clashes in critical waterway.
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Beijing’s order blocking US sanctions on five oil refineries marks first invocation of 2021 law.
Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz.
Surging jet fuel prices are prompting carriers to slash their flight schedules, casting a cloud over summer travel rush.
Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink.
Brent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’.
Arrest of 39-year-old comes after Swiss company HiPP last month issued product recall over tainted baby food jars.
Democrats blast latest move by the administration to radically restructure the federal government.
Brent crude rises 3 percent despite Iran’s offer to reopen waterway in exchange for deferral of nuclear talks.
US prosecutors say 34-year-old Xu Zewei hacked into universities to steal vaccine research during COVID-19 pandemic.
