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U.S. Job Loss in February Pushes Unemployment Rate to 4.4%
U.S. Job Loss in February Pushes Unemployment Rate to 4.4%
Healthcare employment fell during the month, partly because workers were on strike during the survey period.




Oil Slides as Fears of a U.S. Iran Clash Fade

NEW YORK, Feb. 9, 2026 — Global oil prices fell more than one percent after concern about a possible military clash between the United States and Iran eased, prompting traders to unwind positions tied to geopolitical risk. Brent crude and U.S. West Texas Intermediate both declined as markets reassessed the likelihood of near-term disruption following signs that dialogue between Washington and Tehran remained active. The drop reversed gains logged earlier in the week, when fears of escalation had lifted prices. As those fears softened, crude markets shifted attention back to inventories, production plans, and demand indicators. The shift highlighted how quickly sentiment can change when headlines lose intensity, especially in energy markets sensitive to Middle East developments. Diplomatic Signals Cool Market Anxiety Talks Resume and Rhetoric Softens: Oil prices had moved higher on wor...


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