The Aporia
7 articles about 7 events for “US Oil Reserve Release” from The Guardian.
“…f England has taken a wait-and-see approach to rising inflation since the start of the Iran war, in contrast to other central banks, including the US Federal Reserve, Bank of Japan and European Central Bank, which have already raised borrowing costs this…”
“Republicans are entering the midterm elections with the highest rate of inflation since the spring, according to a government report released on Wednesday.”
“Despite weakness in September, driven by bond market volatility and elevated oil prices amid the US-Iran conflict, the benchmark S&P 500 and the Nasdaq were on pace for a second straight quarterly advance, if gains hold.”
“The Reserve Bank has lifted its key interest rate to 4.6%, its highest level since 2011, from 4.35%.”
“Resurgent oil prices and inflation are weighing on markets but US tech stocks surged on Monday after Facebook owner Meta debuted its new Muse AI agent and saw its shares rise 11%.”
“Such is the worry over the Iran war stoking inflation that the US Federal Reserve defied Trump this week with its first interest rate rise since 2023.”
“Fuel prices in Australia are rising again after the worsening Middle East conflict pushed the global oil benchmark, Brent crude, above US$108 a barrel on Wednesday, marking a 35% surge since the start of August.”