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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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California Resources Corporation to merge with Aera Energy in a landmark $2.1 billion all-stock deal

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Energy Industry News

California Resources Corporation announces $2.1bn merger with Aera Energy

California Resources Corporation (CRC), a leading independent energy and carbon management company, has announced a definitive merger agreement…

byPallavi Madhiraju

February 8, 2024

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