Oil spikes while divided Federal Reserve keeps interest rates unchanged

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Source: The Manila Times
Published: 2026-04-30 10:51 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Financial Markets, Business & Economy
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Snippet:
NEW YORK — Oil prices shot higher Wednesday on concerns of an extended blockade of the Strait of Hormuz, while Wall Street stocks moved indecisively after a divided Federal Reserve kept interest rates unchanged.
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