Politics & Policy
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OPEC+ to increase oil output as Strait of Hormuz remains effectively closed
The increased production is about 2% of the reduced global supply stemming from the conflict in Iran.
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Trump drops f-bomb as he warns Iran he will destroy power plants Tuesday if Strait isn’t opened
“Open the F**kin’ Strait, you crazy bastards, or you’ll be living in Hell,” he wrote.
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Gas prices increase to national average of $4.104, AAA reports
Earlier in the week, average gas prices jumped past $4 for the first time since 2022.