Dan Schwartzman
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That's according to a report from The Wall Street Journal.
The strikes, which the UAE has not publicly acknowledged, have included an attack on a refinery on Iran's Lavan Island in the Persian Gulf.
That attack took place in early April, around the time President Trump was announcing a ceasefire in the war after a five-week air campaign and sparked a large fire knocked much of its capacity offline for months.
And oil climbing today after the U.S.
and Iran failed to agree on those terms to end their war.
Senior analyst Salih Yilmaz with Bloomberg Intelligence.
Salih Yilmaz is with Bloomberg Intelligence.
President Trump voicing support for a gasoline tax holiday to counter rising prices at the pump.
Trump telling reporters he'll seek to suspend the federal 18.4 cents a gallon tax on gasoline, quote, until it's appropriate, though it's unclear how much of the tax cut would reach consumers at the pump.
Here's Bloomberg Intelligence Senior U.S.
Policy Analyst Nathan Dean.
And we essentially got a big yawn from the energy teams.
That's Bloomberg Intelligence Senior U.S.
Policy Analyst Nathan Dean.
Pausing the gasoline tax would require an act of Congress.
The U.S.
Strategic Petroleum Reserve awarded 53.3 million barrels to companies, including Traffic Europe Group and Marathon Petroleum, to help tame surging prices.
The oil will be released between June and August when refiners crank up as gasoline demand peaks.
And it is part of a global effort led by the International Energy Agency to lower global oil prices.
Kevin Warsh's nomination to the Federal Reserve Board of Governors on Monday cleared the first in a series of Senate votes planned this week to install him as chair of the U.S.