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Demand Doldrums: Oil prices extended its decline following indications of sluggish fuel demand, coupled with remarks from U.S. Federal Reserve officials that tempered expectations of interest rate reductions. This potential lack of rate cuts could impede economic growth and limit fuel demand in the world’s largest economy. Analysts predict that the Federal ...
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U.S. Secretary of State Antony Blinken issued harsh words for Israel, criticizing its operations in the Gaza Strip and saying it lacked a plan to protect civilian life ahead of an expected assault on the city of Rafah, where more than 1.2 million displaced Palestinians are sheltering. “We believe two things,” Blinken said in an interview with CBS’ “Face The ...