IMF CHIEF GEORGIEVA: PROLONGED STRAIT OF HORMUZ CLOSURE WILL INFLICT MORE SEVERE BLOW TO GROWTH & INFLATION; ASIA, SUB-SAHARAN AFRICA & SOUTH PACIFIC ISLANDS BEARING BRUNT OF CRISIS
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IEA'S BIROL: APRIL ENERGY IMPACT OF WAR MAY EXCEED MARCH, NO COUNTRY WILL BE SPARED; ASSESSING NEED FOR FURTHER RESERVE RELEASES & READY TO ACT IMMEDIATELY IF REQUIRED
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IEA'S BIROL: SOME NATIONS STOCKPILING RESERVES & IMPOSING EXPORT CURBS, WHICH IS NOT REASSURING MARKETS; APPEALS TO ALL COUNTRIES TO ACT RESPONSIBLY
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IMF CHIEF: NATIONS SHOULD "DO NO HARM" & REFRAIN FROM ENERGY RESTRICTIONS THAT WORSEN THE CRISIS
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IMF, WORLD BANK & IEA LEADERS PLEDGE CONTINUED COORDINATION TO RESPOND TO WORLD'S GREATEST ENERGY SHOCK EVER
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HUNGARY'S PETER MAGYAR: WOULD ANSWER PUTIN'S CALL BUT WON'T INITIATE ONE; WOULD URGE HIM TO HALT THE KILLING & END THE WAR AFTER FOUR YEARS AS TENS OF THOUSANDS OF RUSSIANS HAVE PERISHED; DOES NOT EXPECT PUTIN TO ACT ON HIS COUNSEL BUT HOPES HE WILL BE COMPELLED TO REGARDLESS -
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DOW JONES UNOFFICIALLY CLOSES UP 283.01 PTS, +0.59 PCT, AT 48,199.58
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S&P 500 UNOFFICIALLY CLOSES UP 69.17 PTS, +1.01 PCT, AT 6,886.06
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NASDAQ UNOFFICIALLY CLOSES UP 277.11 PTS, +1.21 PCT, AT 23,180.00
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FEDEX CFO JOHN W. DIETRICH TO STEP DOWN JUNE 1, COINCIDING WITH FEDEX FREIGHT SPIN-OFF COMPLETION; TO REMAIN WITH CO. UNTIL JULY 31
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FEDEX: CLAUDE RUSS NAMED INTERIM CFO EFFECTIVE JUNE 1; CO. REAFFIRMS FY26 OUTLOOK & 2029 TARGETS
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USS GEORGE H.W. BUSH TAKING EXTENDED ROUTE AROUND AFRICA TO REACH PERSIAN GULF, BYPASSING USUAL MEDITERRANEAN & RED SEA PATH TO AVOID HOUTHI-CONTROLLED WATERS INCLUDING BAB EL-MANDEB - USNI
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NVIDIA DENIES TALKS TO ACQUIRE PC MAKER, CALLS REPORT "FALSE" || CO. SAYS NOT ENGAGED IN DISCUSSIONS TO BUY PC MAKERS; HP & DELL SHARES DROP AROUND 3 PCT FOLLOWING REPORT
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DELL CFO KENNEDY SELLS 19,500 SHARES AT AVERAGE PRICE OF 182.53 DOLLARS PER SHARE PER SEC FILING
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TRUMP NOMINATES PIMCO EXECUTIVE TO HEAD INTERNATIONAL AFFAIRS AT US TREASURY SAYS FT
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ECB SAYS T2S NIGHT SETTLEMENT STARTED WITH DELAY BUT SYSTEM NOW OPERATING NORMALLY AFTER ISSUE RESOLVED
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EU PRESIDENCY CYPRUS: EU SECURES PROVISIONAL AGREEMENT ON MEASURES TO CURB STEEL IMPORTS
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CHEVRON EXPANDS VENEZUELA HEAVY OIL FOOTPRINT VIA ASSET SWAP WITH PDVSA - SOURCES
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CHEVRON: TO ACQUIRE ADDITIONAL 13.21 PCT STAKE IN PETROINDEPENDENCIA JV; PETROPIAR JV GAINS RIGHTS TO DEVELOP ADJACENT AYACUCHO 8 BLOCK IN ORINOCO BELT
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CHEVRON: VENEZUELA TO RECEIVE FROM CHEVRON SUBSIDIARIES ITS 60 PCT & 100 PCT OPERATED INTERESTS IN OFFSHORE PLATAFORMA DELTANA BLOCK 2 & BLOCK 3 GAS LICENSES
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US ENERGY SECRETARY WRIGHT: ENERGY PRICES LIKELY TO CLIMB UNTIL SIGNIFICANT SHIPPING RESTARTS THROUGH STRAIT OF HORMUZ; ANTICIPATES TRAFFIC NORMALISATION "IN COMING WEEKS"
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