President Trump is set to sign a measure blocking California’s 2035 ban on new gas-powered cars and other state emissions regulations, escalating tensions with Governor Newsom. This action, supported by the automobile and trucking industries, has faced criticism from environmentalists and state officials who argue it undermines California’s authority and public health.
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Stock markets slide and oil prices surge after Israel attack on Iran
Stock markets globally fell and oil prices surged following Israel's military strikes on Iran, targeting nuclear facilities and military figures. The S&P 500 futures dropped 1.1%, while U.S. crude oil prices rose 7.3% to $72.91 per barrel; analysts warn that increased energy costs could hinder U.S. inflation progress, despite no immediate impact on Iranian oil exports. More Context
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