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Australia extends relaxed fuel standards to bolster supply

SYDNEY, April 18 (Reuters) - Australia extended an easing on fuel-quality standards until September, Energy Minister Chris Bowen said on Saturday, as the nation grapples with the impact of the Iran war on its fuel supply. "I've decided to extend the period of higher ...
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US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks

By Timothy Gardner and Ismail Shakil WASHINGTON, April 17 (Reuters) - The Trump administration on Friday renewed a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government of going easy on Moscow as its ...
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Analysis-The Iran war has revealed Trump’s pressure point: the economy

By Matt Spetalnick and David Brunnstrom WASHINGTON, April 18 (Reuters) - Seven weeks of war have failed to topple Iran's theocratic rulers or force them to meet all of President Donald Trump's demands, but for U.S. adversaries and allies it has cast a spotlight on ...
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China willing to advance talks to upgrading Switzerland trade pact, ministry says

BEIJING, April 18 (Reuters) - China said on Saturday it is willing to advance negotiations on upgrading the China-Switzerland free trade agreement. A high-standard free trade agreement will inject new momentum into trade, investment and innovation cooperation between the two countries, the Commerce Ministry said ...
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US buyers redirect imported fertilizer overseas as Iran war drives up global prices

By Ed White and Renee Hickman CHICAGO, April 17 (Reuters) - U.S. fertilizer buyers are redirecting shipments out of the country, as higher overseas prices give them an incentive to divert critical supplies, a fertilizer analyst said. Barges of imported urea nitrogen fertilizer were purchased this ...
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Goldman sees softer oil demand, flags two-sided risks to 2026 price outlook

April 17 (Reuters) - Goldman Sachs said softer oil demand and easing supply disruptions have balanced out the risks in its oil price outlook, though it kept its 2026 average forecasts unchanged. The bank maintained its Brent and WTI crude forecasts for 2026 at $83 ...
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Pilot says Hawaii tour helicopter vibrated and spun before crash killed 3

The pilot of a helicopter that crashed on a sightseeing flight off the Hawaiian island of Kauai last month, killing three passengers, told investigators that the aircraft vibrated and spun before plunging into the water, according to report released Friday. The National Transportation Safety Board's ...
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Stocks surge and oil prices plunge after Iran says Strait of Hormuz ‘completely open’ during Israel-Lebanon ceasefire

(NEW YORK) -- Stocks surged and oil prices plunged in early trading on Friday after a senior Iranian official declared the Strait of Hormuz "completely open" for commercial traffic for the duration of the 10-day ceasefire between Israel and Lebanon.The Dow Jones Industrial Average ...
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Air Canada will suspend flights to JFK for nearly 5 months as jet fuel costs soar

NEW YORK (AP) - Air Canada will suspend service to New York's JFK International airport over the summer as the war in Iran creates jet fuel shortages that have sent prices soaring. Canada's flag carrier said Friday that service from Toronto and Montreal to JFK ...
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Home shopping network pioneer QVC files for bankruptcy protection

The owner of home shopping network pioneer QVC has filed for Chapter 11 bankruptcy protection. The filing by parent company QVC Group, which also owns HSN, formerly the Home Shopping Network, arrives as long-running TV shopping networks struggle to adapt to the rapid shift ...
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San Diego Padres are nearing a whopping sale, AP source says

The family of late San Diego Padres owner Peter Seidler is nearing a sale of the team, a person with knowledge of the negotiations told The Associated Press on Friday. The person spoke on condition of anonymity because the Padres aren't commenting publicly on the ...
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Prosecutors say makeup, wigs helped former Alabama tackle impersonate NFL players in $20M fraud

ATLANTA (AP) - In early 2024, a former defensive tackle at the University of Alabama put on makeup and a wig and got on a video call from a swanky suburban Atlanta hotel to finalize a $4 million loan. Luther Davis had convinced investors the ...
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