A federal panel voted unanimously on Tuesday to exempt oil and gas drillers operating in the Gulf of Mexico from a decades-old law meant to protect endangered species including whales, birds, and sea turtles.
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US Single-Family Home Prices Rise Moderately
U.S. single-family house prices increased moderately in January, but rising mortgage rates as the war in the Middle East drags on could sideline potential first-time buyers from the housing market.
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Consumer Confidence Inches Up Despite Soaring Gas
U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.
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Trump to Allies: Buy US Oil or 'Fight for It'
President Donald Trump on Tuesday morning told countries unable to get oil due to disruptions in the Strait of Hormuz to "buy from the U.S." or "build up some delayed courage" and fight for it.
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Wars Reveal America's Guns and Butter Choices
America Must Spend More on DefenseThe wars in Ukraine and Iran lay bare some inconvenient truths.
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China suppliers warn of higher prices for Americans due to Strait of Hormuz closure
The Iran war has stalled shipments of oil and its products through the Strait of Hormuz, raising concerns among Chinese manufacturers about supply chain disruptions.
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