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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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UK’s new missile deal could change the war in Ukraine—And boost British industry

The UK government has approved a £1.6 billion military contract to supply 5,000 air defence missiles to Ukraine,…

byPallavi Madhiraju

March 3, 2025

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