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The first of what will likely be many extreme heat events this summer is on its way to much of Texas and the Southern Plains, along with parts of the Gulf Coast and Florida during the next week. Threat level: Extreme heat is the deadliest weather hazard in the U.S., and this event will bring triple-digit temperatures to some areas as much as a full month ...
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Oil prices continued to decrease on Tuesday due to the cautious stance of Fed officials despite the recent softening of inflation. This has raised concerns that US interest rates may remain elevated for an extended period. The prices of Brent crude and WTI futures have both decreased by almost 2% from yesterday, with Brent crude trading at $83.11 per barrel ...