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Breaking Posted 1 hour ago

Trump Waives DPA Rules to Expand US Oil Production Capacity

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Trump administration suspended Defense Production Act section 303 regulations to accelerate oil capacity expansion. Energy policy shifts affect USD through crude-price dynamics and inflation expectations; crude typically influences USD/CAD and energy-linked currencies. Traders monitor whether expanded supply moderates fuel costs, easing consumer-price pressure the Fed is watching ahead of next week's PMI and sentiment data.
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