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Trump Vows Oil Action as Gas Prices Surge and US Job Losses Mount

President Donald Trump announced imminent government action to stabilize energy markets after oil prices jumped 17 percent and national gasoline averages reached 3.32 dollars.The surge followed threats to shipping in the Strait of Hormuz and a disappointing labor report showing the USA lost 92,000 jobs while unemployment hit 4.4 percent.Global markets remained volatile as Qatar warned of a total energy production halt after drone strikes and Trump demanded an unconditional surrender from Iran.Domestically, 24 state attorneys general sued to block new trade tariffs while Senator Markwayne Mullin was appointed to lead the Department of Homeland Security.
Published:16h |Updated:5h
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