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Tag: crude oil

Fed keeps interest rates unchanged

Economy
The U.S. Federal Reserve (Fed) maintains interest rates in its second policy meeting of the year, as predicted by the market.

Global oil prices rise sharply, exceeding 110 USD

Economy
A series of energy facilities in the Middle East were attacked, causing global oil prices to rise nearly 4% on March 19.

“Iran Holds the Key to Reopening the Global Energy Market”

Economy
Iran is signaling that it, not the U.S., will decide when to end the global energy supply disruption, according to Reuters.

China confident in energy supply

Economy
Beijing confirms the country's energy supply is sufficient to cope with global oil and gas price fluctuations over the past two weeks.

Many Middle Eastern countries halt oil and gas extraction.

Economy
Qatar halts LNG production, Israel temporarily shuts down gas fields, while Saudi Arabia closes its largest oil refinery due to ongoing conflicts.

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