Oil Prices
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IMF Lifts 2026 Global Growth Forecast to 3.1% as AI Boom Offsets Oil Shock, but SVG Faces Slower Growth and Rising Debt
The IMF nudged its 2026 global growth forecast up to 3.1 percent at its Annual Meetings in Bangkok, crediting AI investment for offsetting the…
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U.S. Stocks Hit Records on Profit Hopes, Even as War, Oil and High Yields Linger
U.S. stocks hit fresh highs as investors bet on strong earnings despite war, elevated oil prices and Treasury yields above 5 percent.
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St Lucia Holds Fuel Prices Steady, Says It Has Given Up EC$44.9M Since April
Saint Lucia will keep pump prices unchanged for another three weeks, a freeze Prime Minister Philip J. Pierre says has cost EC$44.9 million since…
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House Votes to Direct Trump to End Iran War as Four Republicans Break Ranks
The United States House of Representatives voted 214 to 208 on Thursday to direct President Trump to end hostilities against Iran, with four Republicans…
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VINLEC Fuel Surcharge Hits Record 83 Cents, Even After a $734,959 Subsidy
VINLEC’s July 2026 fuel surcharge reached a record EC$0.8320 per kWh even after a EC$734,959 subsidy. Here is what it means for electricity bills.
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Hegseth Defends an $87.6 Billion Iran War Bill as Costs and Doubts Mount
Pete Hegseth defended an $87.6 billion Iran war funding request in a bruising Senate hearing, as costs climbed to $37.5 billion and the US…
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1,000 Missiles, One Chokepoint: Why Trump’s Iran Threat Lands on Vincentian Fuel Bills
A renewed US-Iran confrontation threatens the Strait of Hormuz, the same chokepoint whose disruption has already hit Vincentian fuel prices.
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The Peace Is Over. Your Light Bill Is About to Say So.
VINLEC passes fuel costs directly to customers. When oil and shipping routes are disrupted, Vincentian electricity bills feel the impact quickly.
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Trump Announces July 3 Gas Discounts in Philadelphia as He Presses Retailers to Cut Pump Prices
President Trump tied a 25-station gas discount in Philadelphia to America’s 250th birthday and forecast a return to “record low” prices. Oil has genuinely…
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Trump Demands Immediate Gasoline Price Cuts, Orders DOJ Probe into Big Oil
With crude oil near $68 per barrel after the U.S.-Iran ceasefire eased global supply fears, President Trump is demanding that gasoline retailers drop prices…