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US diesel prices hit record high as conflicts intensify supply crunch

US diesel prices hit record high as conflicts intensify supply crunch

By Siddharth Cavale NEW YORK, Sept 3 (Reuters) - Average U.S. diesel prices jumped to record highs on Thursday, as a global supply crunch intensified after renewed hostilities between the U.S. and Iran and on disruptions caused by Ukrainian attacks on Russian refineries, a major source of diesel
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Oil prices edge lower, while Asian shares rise, tracking Wall Street gains

Oil prices edge lower, while Asian shares rise, tracking Wall Street gains

Oil prices have slipped after recent gains, with Brent crude trading near $95 a barrel
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US stocks open higher while oil prices continue to climb

US stocks open higher while oil prices continue to climb

U.S. stocks are opening higher while oil prices continue to climb amid ongoing tension in the Middle East
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House GOP Conference Chair Acknowledges High Gas Prices Amid Iran War

House GOP Conference Chair Acknowledges High Gas Prices Amid Iran War

House Republican Conference Chair Rep. Lisa McClain (R-Mich.) has publicly acknowledged that gas prices are not at a desirable level. This statement comes as the ongoing conflict with Iran is contributing to increased fuel costs. Rep. McClain discussed the steps President Trump is reportedly taking to address these rising prices. The current situation highlights the economic impact of international conflicts on domestic consumer costs, particularly concerning essential commodities like gasoline. The acknowledgment from a prominent Republican figure underscores the widespread concern over the affordability crisis affecting American households.
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Stocks drift on Wall Street amid jobs market updates, renewed fighting in US war with Iran

Stocks drift on Wall Street amid jobs market updates, renewed fighting in US war with Iran

Stocks are drifting on Wall Street amid the latest updates on the U.S. jobs market and further escalation in the U.S. war with Iran
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What to know about a reported US airstrike that hit a wedding in Iran

What to know about a reported US airstrike that hit a wedding in Iran

During the latest American bombardment of southern Iran, a missile hit a home where a wedding was being celebrated
Reuters Reuters
Trump vows to hit campaign trail hard for Republicans in tight midterms

Trump vows to hit campaign trail hard for Republicans in tight midterms

By Bo Erickson and Humeyra Pamuk WASHINGTON, Sept 2 (Reuters) - U.S. President Donald Trump vowed on Wednesday to campaign aggressively for Republican candidates ahead of November's midterm elections, saying he has planned extensive travel to states with high-stakes races.
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Asian benchmarks trade mixed following rally on Wall Street led by technology issues

Asian benchmarks trade mixed following rally on Wall Street led by technology issues

Asian shares are trading mixed as market sentiment for some regional benchmarks got a boost from the tech-led rally on Wall Street
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Asian shares decline after stocks slip on Wall Street, while global bond sell-off intensifies

Asian shares decline after stocks slip on Wall Street, while global bond sell-off intensifies

Asian shares have declined after stocks slipped on Wall Street and as a bond market sell-off deepens
Savannah Morning News Savannah Morning News
Georgia drivers have spent $1.4B more on gas since Iran war began

Georgia drivers have spent $1.4B more on gas since Iran war began

A Brown University analysis estimates Georgia drivers have spent $1.4 billion more on gas since the Iran war began, or about $352 per household.
Reuters Reuters
US manufacturing activity slows in August; input prices still elevated

US manufacturing activity slows in August; input prices still elevated

WASHINGTON, Sept 1 (Reuters) - U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid persistent supply-chain strains.
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Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Oil prices have jumped more than 2% and world shares have skidded as recurring violence in the Iran war heightens uncertainty over the future of the conflict