US trade gap narrows as oil exports offset AI-related imports

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The Edge Malaysia Malesia 1h

US trade gap narrows as oil exports offset AI-related imports

(June 9): The US trade deficit narrowed in April as a surge in oil exports helped offset ongoing increases in imports of equipment powering the data centre buildout. The gap in goods and services trade shrank 1.2% from the prior month to US$55.9 billion (RM227 billion), Commerce Department data sho»»»

theedgemalaysia.com
The Express Tribune Pakistan 7h

Global oil inventories near 22-year low | The Express Tribune

Oil stockpiles in the world's largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of over 11 million barrels a day of Middle Eastern output due to the Iran war, the US Energy Information Administrat»»»

tribune.com.pk
Channels Television Nigeria 12.05. 06:59

Trump To Suspend US Gas Tax As Iran War Spikes Prices

US President Donald Trump said on Monday that he plans to suspend a federal gasoline tax as consumers deal with surging energy prices in the wake of the Iran war. Responding to a reporter’s question at the White House, Trump said he would be taking the step, with the susp ... »»»

channelstv.com
Bangladesh Sangbad Sangstha Bangladesh 12.05. 05:36

Trump to suspend US gas tax as Iran war spikes prices

WASHINGTON, United States, May 12, 2026 (BSS/AFP) - US President Donald Trump said on Monday that he plans to suspend a federal gasoline tax as consumers deal with surging energy prices in the wake of the Iran war. Responding to a reporter's question at the White House, Trump said he would be takin»»»

bssnews.net
Hindustan Times India 11.05. 19:23

Trump to suspend US gas tax as Iran war spikes prices

US President Donald Trump said on Monday that he plans to suspend a federal gasoline tax as consumers deal with surging energy prices in the wake of the Iran war. Responding to a reporter's question at the White House, Trump said he would be taking the step, with the suspension to remain in place "»»»

hindustantimes.com
Anadolu Turchia 06.05. 09:40

Oil falls on US-Iran deal optimism after Trump announces pause on 'Project Freedom'

Oil falls on US-Iran deal optimism after Trump announces pause on 'Project Freedom' - Suspension of 'Project Freedom' eases tensions, while sharp drop in US crude inventories limits price declines Oil prices declined on Wednesday, driven by growing optimism over a final agreement between the US and»»»

aa.com.tr
Al Awsat Arabia Saudita 28.04. 09:11

Oil Prices Rise 1% as No End to Iran War Stand-off Seems in Sight

Oil prices rose 1% on Tuesday, extending gains from the previous session, as efforts to end the US-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. US President»»»

english.aawsat.com
AZERTAC Azerbaigian 23.04. 21:11

Oil rises above $102 on Strait of Hormuz tensions despite ceasefire extension

Baku, April 23, AZERTACOil prices climbed above $102 per barrel on Thursday as tensions in the Strait of Hormuz resurfaced, outweighing the impact of an extended ceasefire between the United States and Iran, accordin ... »»»

azertag.az
Huffington Post Stati Uniti d'America 26.03. 20:45

New Gas Price Tracker Shows Just How Much Trump's War Is Costing You At The Pump

Within just a few weeks, drivers saw prices climb by nearly $1 a gallon. President Donald Trump campaigned on bringing down prices, but they’re surging at gas pumps thanks to his war in Iran. Within just a few weeks, Americans have seen gasoline prices jump by double-digit percentages because of ri»»»

huffpost.com
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