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BBC NewsUK retailers highlight soaring electricity prices amid Middle East conflict, while US oil majors report sharp earnings declines despite high oil prices. Federal Reserve Chair Jerome Powell concludes his term amid assessments of inflation management. Central banks signal potential…
Substrate placeholder — needs reviewCEOs of America's three largest oil companies have stated that a continued closure of the Strait of Hormuz could lead to a worsening energy crisis. The warning highlights potential disruptions to global oil supplies. The statement was reported by sources to the Wall Street Journa…