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The Slash in International Oil Production and the DACA Ruling
The Organization of the Petroleum exporting countries and its allies, known as OPEC Plus, are slashing oil output by 2 million barrels a day. The move will likely increase gas prices and could push the global economy closer to a recession. A federal appeals court ruled on Wednesday that the deferred action for childhood arrivals policy, DACA, is illegal under US immigration law. In rare non-war news, Ukraine joined Spain and Portugal's bid to host the World Cup in 2030.