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Key US Oil Grade Is Fetching Highest Premium Since Covid-19
The most important US offshore oil varieties are commanding the highest premiums since as far back as the Covid-19 pandemic as energy-market chaos from the Iran war worsens.
Russia demands investigation into Israeli strike that injured RT crew in Lebanon
Russian Permanent Representative to the United Nations Vasily Nebenzya said the deliberate strike hit right next to where they were filming, with no military facilities anywhere in the vicinity, which can be seen clearly from the footage of ammunition explosions shot by the crew’s cameraman
Russian oil tanker arrives in Cuba with U.S. permission amid oil blockade
A Russian tanker carrying roughly 700,000 barrels of crude oil arrived in Cuba on Tuesday morning. This is the first significant oil delivery to the island nation in three months. CBS News national correspondent Lilia Luciano has more.
Russian Ship With 7.3 Lakh Oil Barrels Docks In Cuba For 1st Time In Months
Cubans cheered the ship's arrival since a lack of petroleum has exacerbated a deep economic crisis that has left the population mired in lo.ng blackouts.
4 Signals For A Mature Healthcare Cryptocurrency Ecosystem
Healthcare tokens didn’t fail—they were early.
Fed’s Barr Flags Stablecoin Risks As Agencies Ready Rules
Federal Reserve Governor Michael Barr said stablecoins present some areas of concern tied to potential money laundering and financial stability risks, in a warning for banking agencies as officials craft regulations.
Trump has called on the ‘God Squad’ to help override endangered animal protections and allow more oil drilling
The exemption could harm ‘dozens of imperiled species,’ including whales and sea turtles, wildlife activists have warned
Finance ministry warns rising oil prices may fuel inflation, widen import bill
Says current account deficit likely to remain manageable, but rising oil prices pose risk to import bill
Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warns
The European Union's energy commissioner says skyrocketing oil and gas prices in Europe as a result of the ongoing Iran war won’t return to normal levels any time soon, even if peace is declared tomorrow
US trade rep says he sees ‘positive agenda with China going forward’
U.S. Trade Representative Jamieson Greer said Tuesday that he envisions a “positive agenda” on trade with China moving forward, amid a years-long tariff battle between the two countries.  “The Chinese want stability. We want stability,” Greer told host Annmarie Hordern on “Bloomberg Surveillanc...
Traders Trigger Euphoric Stock Rally With Iran Ready to End War
Stock traders triggered a euphoric rally on Tuesday afternoon, piling into US equities after Iran’s official news agency said the country’s president was willing to end its war with America.
Vale Base Metals Touts Internal Growth Over M&A and IPO Push
Vale Base Metals executives emphasized a focus on developing existing assets instead of chasing acquisitions at an investor event while downplaying the likelihood of a near-term initial public offering of the Vale SA unit.
Musk Faces Fresh Setback in Lawsuits Over 2022 Twitter Buyout
Twitter shareholders gained traction in another lawsuit against Elon Musk over the run up to his 2022 buyout of the social media platform, with a judge granting class-action status to the investors.
Ripple effects of rising oil prices on the U.S. economy
The U.S. is pressing forward with its strikes against Iran as the White House pushes for Tehran to make a deal to reopen the Strait of Hormuz. CBS News' Kelly O'Grady, Eleanor Watson and Nancy Cordes report.
California AG Bonta Says Sable Restart Won’t Lower Oil Prices
The restart of some 50,000 barrels a day of oil production off the coast of California will have have “no impact” on oil prices, the state’s Attorney General said in an interview on Bloomberg Televison.
Palestinians in occupied West Bank protest Israel’s death penalty law
Families of Palestinian prisoners protested against a bill allowing the death penalty for Palestinians in the West Bank
Europe Has Enough Jet Fuel for Now, as Trump Lashes Out
Europe is expected to have enough jet fuel to avoid shortages in April, according to people directly involved in the aviation fuel market. But that situation could change in May, as the conflict in the Middle East continues to rock global energy markets.
Rising oil costs hurting U.S. farmers, small businesses
AAA announced Tuesday that the average U.S. gas price has topped $4 a gallon. CBS News correspondent Lana Zak reports on how the costs are impacting businesses. Then, Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis.
UBS’s McCartney on M&A Outlook Amid Iran Conflict
Dealmakers are navigating a volatile backdrop as the war in Iran continues to cloud the global economic outlook. Gareth McCartney, UBS Global Head of Capital Markets Origination, discusses the potential impact on the M&A market with Dani Burger on "Open Interest." (Source: Bloomberg)
Meredith Whitney on Cracks in Confidence, Labor Market
Meredith Whitney Advisory Group CEO Meredith Whitney discusses consumer sentiment after US confidence confidence unexpectedly rose in March — even as job openings fell and hiring slowed in February, per BLS data. She speaks with Dani Burger and Matt Miller on "Open Interest." (Source: Bloomber...