Oil Surges 6-Year High, Trump Loses Control
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- U.S. oil experienced its biggest one-day price increase in six years, driving up gas costs (NBC News).
- Bloomberg attributes the oil surge to war escalation, charting it as a global economic storm.
- Trump's comments contributed to the Dow closing lower, dampening traders' hopes for market stability (OilPrice.com).
Why it matters: Consumers face higher gas prices as U.S. oil recorded its biggest one-day price increase in six years.
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