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Global Trade

Trump Announces First New U.S. Refinery in 50 Years in Texas With Reliance Cited as Backer

Reliance has not issued a confirmation, leaving key deal details unverified.

IEA Approves Record 400 Million-Barrel Oil Release to Counter Hormuz Supply Crunch

US Strikes Cripple Iranian Nuclear Sites, Tehran Eyes Closure of Strait of Hormuz