Oil
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Business
Gavin Newsom Wants to Export California’s Climate Laws to the World
The Democratic governor is supercharging climate policy and eyeing a future White House run. But critics say some of his…
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Business
How the Israel-Hamas War Imperils Action Against Global Warming
Oil prices could surge. Disagreements between nations could worsen. The conflict complicates already fragile global diplomacy ahead of crucial climate…
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News
Venezuela Holds a Key Vote. Here’s What You Need to Know.
Ten opposition candidates are running to face off against President Nicolás Maduro next year. A center-right former legislator, María Corina…
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News
A Thaw Between U.S. and Venezuela Ahead of a Key Vote
When the Venezuelan government released five political prisoners late Wednesday to cheers from the country’s opposition, it was the most…
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Business
Iran’s Call for Oil Embargo on Israel Roils Markets
The prospect of an oil embargo arising from the conflict between Israel and militant groups contributed to a sharp but…
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Opinion
Exxon Mobil’s Pioneer Acquisition Is a Direct Threat to Democracy
Last week, Exxon Mobil agreed to buy Pioneer Natural Resources for $59.5 billion, in a move widely expected to set…
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News
Venezuela Pledges Small Steps Toward Fair Elections Next Year
The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.
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Business
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap
The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
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News
China’s Economic Stake in the Middle East: Its Thirst for Oil
China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if…
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Business
Exxon Mobil Strikes $60 Billion Deal for Shale Giant
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in…