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Oil prices strengthened further yesterday. ICE Brent rallied 1.35%, taking Brent back above $84/bbl, to its highest level since 1 May. Tensions in the Middle East have grown in recent days with developments between Israel and Hamas, while the Houthis have carried out another attack on a commercial vessel in the Red Sea. There could also be some positioning ...
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Since 1980, there have been 383 extreme weather or climate disasters where the damages reached at least $1 billion. In total, these disasters have cost more than $2.7 trillion. Created in partnership with the National Public Utilities Council, this chart shows how these disasters have been increasing with each passing decade. A Growing Concern: The U.S. ...