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Oil Prices Drop Amid Strong Dollar

Currency Strength Impacts Global Energy Markets

Oil prices declined sharply as the U.S. dollar strengthened against major currencies, reducing purchasing power for non-dollar buyers. Analysts note that the price movement could ease global inflation pressures in the short term.

However, energy demand from Asia remains strong, suggesting potential volatility in the coming months as supply and demand adjust.

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Apple CEO Tim Cook’s Salary Revealed for 2025: Here’s How Much the Tech Giant’s Boss Earns
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