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19 Remarkable Things The Industrial Metaverse Can Do For Business

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So much for 'drill, baby, drill'? | CNN Business

//business-finance.news-articles.net/content/202 .. 2/so-much-for-drill-baby-drill-cnn-business.html

Published in Business and Finance on Monday, May 12th 2025 at 9:00 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

The article from CNN dated May 12, 2025, discusses the impact of former President Donald Trump's trade policies on oil prices and the broader economy. It highlights how Trump's aggressive trade war with China and other nations has led to increased tariffs, which in turn have driven up the cost of oil and gas. The piece details how these higher energy costs are affecting consumers at the pump, with gas prices reaching record highs. Additionally, the article explores the ripple effects on various industries, including manufacturing and agriculture, and how these sectors are struggling with increased operational costs. It also touches on the political fallout, with public opinion increasingly turning against the trade war as economic pressures mount.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/12/business/oil-trump-trade-war-gas-prices ]

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