Tag: United States
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Houthis say they attacked Saudi tankers in the Red Sea, threatening new chokepoint in Iran war
If Saudi oil shipments cannot pass through the Red Sea’s southern strait, they have only the northern route through the Suez Canal, adding weeks and costs to the journey.
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US Senate panel approves Bill cracking down on the sale of Chinese vehicles
The US Senate Commerce Committee approved legislation on Wednesday (Jul 22) to toughen a government ban on Chinese automakers entering the American market that could bar German automaker Mercedes-Benz from selling vehicles in the United States.Senator Ted Cruz, the committee chair and a Texas Republican,
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CNBC Daily Open: Trump ratchets up war rhetoric, Houthis target Red Sea
U.S. President Donald Trump escalated threats against Iran, saying he would bomb power plants and bridges in the country.
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US House passes US$1 trillion defence Bill despite Iran, Israel concerns
The vote was largely along party lines, as all but seven Republicans voted in favour of the measure and all but six Democrats voted against.
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Oil extends gains as Trump threatens strikes on critical Iranian infrastructure
Oil prices rose after U.S. President Donald Trump threatened to bomb Iranian infrastructure in response to any attacks on ships transiting the Strait of Hormuz.
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US announces civilian nuclear deal with Saudi Arabia
The agreement will “lay the legal foundation for a decades-long, multi-billion-dollar partnership”, said the US Energy Department.
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Commentary: Should testosterone be in the US military’s playbook?
The US administration sees scientific evidence as an optional, flexible handmaid to the more vital business of masculinity, says this science commentator for the Financial Times.
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U.S. signs nuclear power agreement with Saudi Arabia
U.S. cooperation with foreign countries on civilian nuclear power requires review by Congress under the Atomic Energy Act.
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John Paulson says we are in the early stages of a long-term bull market for gold
He said demand for bullion continues to broaden, led by central banks that have been adding to their reserves alongside growing private-sector interest.
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Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb
A new asymmetry in the market means fuel prices won’t fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.
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