US seeks to curb soaring petrol prices
Business
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From the show
Reading time
1 min
The Trump administration is taking steps to curb rising energy costs, as it continues to wage war in the Middle East. The US is easing sanctions on Venezuela, and suspending a century-old shipping law, in an effort to get more oil supplies into the global market. Meanwhile, oil prices continue to rise, with crude topping $109 per barrel, as Gulf energy infrastructure is targeted by strikes. Also in the show: the UN's maritime agency seeks safe passage for sailors trapped by the conflict.
