Vladimir V. Putin is making gains in his war on Ukraine while the United States and its allies struggle with soaring energy prices and inflation.
Tag: Oil (Petroleum) and Gasoline
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In Russia’s War on Ukraine, China and India Emerge as Financiers
Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets.
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Fed Confronts a ‘New World’ of Inflation
Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.
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Ecuador Roiled by Protests Set Off by Rising Fuel and Food Prices
The country’s capital has been virtually paralyzed by demonstrators, and the government says it has lost control of a small city in the Amazon to protesters wielding guns, spears and explosives.
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Biden Will Push Congress for a Three-Month Gas Tax Holiday
Vulnerable Democrats have championed the move ahead of midterm elections, but experts remain skeptical that suspending the federal tax would benefit consumers much.