Energy
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US-Iran deal takes ‘immediate effect’ after both sides sign, Pakistan premier says
Jun 17, 2026 7:47 am - According to the officials, the draft agreement includes a new “minimum” standard for downblending of highly enriched Iranian uranium and has provisions to ensure the “territorial integrity” of Lebanon after Israel’s latest attacks against Hezbollah in Lebanese territory.
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Higher prices for gas, groceries and flights will likely outlast the Iran war
Jun 16, 2026 8:03 am - Even after oil starts flowing again from the Middle East, it could take awhile for consumers to see a difference at local fuel pumps, supermarkets and other places they shop, according to economists and industry analysts.
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Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
Jun 15, 2026 3:32 pm - Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
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DOE head says agency didn’t punish blue states. His lawyers admit it did.
Jun 12, 2026 3:56 pm - Energy Secretary Chris Wright was unrepentant on Capitol Hill this week, firing back at a congressman’s charge that the Trump administration canceled clean energy projects in blue states to exact political revenge.
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Why District 214 is putting solar panels atop Rolling Meadows High SchoolJun 11, 2026 7:41 pm - Northwest Suburban High School District 214 school board members Thursday inked a deal to place solar panels atop Rolling Meadows High School, amid looming expiration of ...
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US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
Jun 11, 2026 7:53 am - U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran.
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Inflation rises to a 3-year high on spiking gas prices, squeezing households, businesses
Jun 10, 2026 7:47 am - Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.
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Ukrainian strikes hit oil sites in Russia and Crimea
Jun 08, 2026 7:55 am - Ukrainian forces struck oil facilities in Russia and occupied Ukraine, Ukrainian and Russian officials said on Monday, as part of their campaign aimed at making Moscow pay an economic cost for the war.
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Gas tax mini-freeze, revenue diversion and competition from Indiana — what does it all mean?Jun 07, 2026 8:45 pm - A 1.3-cent motor fuel tax hike is delayed while lawmakers shifted $150 million in tax revenue to stabilize the state budget. Here are some expert takeaways.
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Ukrainian drones hit St. Petersburg oil terminal before it hosts Russian economic forum
Jun 03, 2026 10:10 am - Ukrainian long-range drones struck an oil terminal in St. Petersburg and set it ablaze, President Volodymyr Zelenskyy said Wednesday, sending smoke billowing over the city where President Vladimir Putin was born as it hosts Russia’s leading event for attracting foreign capital.