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A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020.

Oil Surges, Stocks Rebound As Ukraine Fighting Continues

U.S. and European stocks rebounded on Wednesday and crude prices surged as fighting raged in Ukraine and OPEC+ oil producers kept plans to raise output in April, posing a challenge for central banks hoping to curb rising inflation.
U.S. Senate Minority Leader Mitch McConnell (R-KY) speaks to reporters as U.S. Senators John Barrasso (R-WY), John Thune (R-SD), Rick Scott (R-FL) and Joni Ernst (R-IA) listen, following the Senate Republicans weekly policy lunch at the U.S. Capitol in Wa

U.S. Senate Republicans Split Over 'Rescue America' Plan

The top Senate Republican and the architect of the party caucus's campaign strategy were at odds on Tuesday over a controversial legislative plan intended to tell voters what to expect if Republicans capture control of the chamber in the November midterm elections.
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014.

U.S., Allies Set Oil Reserves Release As Prices Soar

The United States and other member states of the International Energy Agency (IEA) on Tuesday agreed to release 60 million barrels of oil reserves to compensate for supply disruptions following Russia's invasion of Ukraine.

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