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US Gasoline Prices Fall Amidst Global Tensions
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Overview
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US gasoline prices have fallen for 60 consecutive days, reaching an average of $3.25 per gallon, timely for the holiday season. Despite this, Americans still face high prices. Efforts to refill the US emergency oil reserve are being delayed. Israel and Hamas have agreed to extend a cease-fire in their war. Blackstone's Schwarzman sees opportunities in European real estate. ByteDance is cutting jobs and winding down Nuverse. Jenna Lyons and a Blackstone executive are launching a new brand agency.
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How could the extension of the cease-fire in the Israel-Hamas conflict influence global stability and economic growth?
How might the decline in US gasoline prices impact consumer spending and the overall economy?
What are the potential implications of Blackstone's delay in refilling the US emergency oil reserve?
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