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Oil extends rally after Iran attack, Hong Kong resumes surge
Oil extends rally after Iran attack, Hong Kong resumes surge

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an escalation in the Middle East. Demand for gold -- considered a go-to in times of uncertainty and turmoil -- pushed the precious metal close to its $2,685 record.

X agrees to pay Brazil fines, court orders finances unblocked
X agrees to pay Brazil fines, court orders finances unblocked

A Brazilian judge on Tuesday ordered the unblocking of the bank accounts of Elon Musk's X in the country after the social media platform agreed to pay more than $5 million in fines. In his latest decision, the judge ordered Brazil's central bank to unblock X's bank accounts so it can receive transfers and "immediately make payment of the fines indicated."

California passes law allowing Dutch-style cannabis cafes
California passes law allowing Dutch-style cannabis cafes

Starting next year, diners in the western US state of California can smoke cannabis at certain restaurants, thanks to a new law allowing for "cannabis cafes" akin to those popularized in the Netherlands. California notably banned smoking in bars and restaurants nearly 30 years ago, the first US state to do so.