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Oil marketsin Financial Markets
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Oil market volatility spikes as tanker collision near Strait of Hormuz raises supply concerns, while analysts debate price impacts from Middle East tensions and advocate for steady commodity investments.

US Senate Republicans change Trump tax-cut bill, setting conflict with House

Investing.comMonday, June 16, 2025 at 11:15:51 PM
US Senate Republicans change Trump tax-cut bill, setting conflict with House
Senate Republicans have tweaked their version of the Trump-era tax-cut bill, but their changes put them on a collision course with the House. The two chambers now have different ideas about how to extend or modify the tax breaks, which could lead to a messy showdown—or even stall the effort entirely.
Editor’s Note: Tax policy affects everything from your paycheck to corporate investments, so when Congress can’t agree on changes, it creates uncertainty. If the House and Senate can’t bridge their differences, key tax provisions might expire, leaving businesses and families in limbo. Plus, it’s a reminder of how hard it is to get anything done in a divided government.
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