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Oil rises on Japan trade deal and stronger demand indicated by US inventories
By Colleen Howe BEIJING (Reuters) -Oil prices steadied in early trading on Wednesday after falling for three consecutive sessions as a U.S. trade deal with Japan signaled progress on tariffs and a poll showed U.S. crude stockpiles fell last week, indicating stronger demand. Brent crude futures rose 33 cents, or 0.48%, to $68.92 a barrel by 0023 GMT. U.S. West Texas Intermediate crude futures rose 33 cents, or 0.51%, to $65.64 per barrel. President Donald Trump said on Tuesday that the U.S. and Japan had struck a trade deal that includes a 15% tariff on U.S. imports from Japan. He also said Japan had agreed on $550 billion in investments in the U.S. Oil had fallen in the previous session after the EU said it was considering countermeasures against U.S. tariffs, as hope faded for a deal ahead of the August 1 deadline. And U.S. crude oil stockpiles were expected to have fallen last week, along with distillate and gasoline inventories, an extended Reuters poll showed on Tuesday. Nine analysts polled by Reuters ahead of weekly inventory data estimated on average that crude inventories fell by about 1.6 million barrels in the week to July 18. U.S. crude and gasoline stocks fell last week while distillate inventories rose, market sources said, citing American Petroleum Institute figures on Tuesday. In another bullish sign for the market, the U.S. energy secretary said on Tuesday that the U.S. would consider sanctioning Russian oil to end the war in Ukraine. The EU on Friday agreed its 18th sanctions package against Russia, lowering the price cap for Russian crude. But analysts said a lack of U.S. participation would hinder the effectiveness of the package. Sign in to access your portfolio
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Democrats defy calls to remain neutral, endorse Tiara Ross for Columbus Council D7 seat
Despite calls from some within and outside the party to stay neutral, the Franklin County Democratic Party has endorsed Tiara Ross over fellow Democrat Jesse Vogel in the Columbus City Council District 7 race on the Nov. 5 ballot. After tense debate at a packed meeting on July 22, eligible party members voted 106-48 by a show of hands to endorse Ross ahead of the Nov. 4 election. During the meeting, Vogel and multiple party members reiterated their plea for the party not to endorse either candidate. Voters want a choice on the ballot, Vogel said. 'If this party gets involved in endorsing in this race, it will send a message to Democrats that they don't have a choice and it will hamper our ability to continue the hard work to mobilize voters across the city,' Vogel said. An open letter circulated ahead of the meeting called for the county Democratic party to stay out of endorsing in the District 7 council race and got more than 600 signatures, mostly from ordinary voters. Some of the opponents to endorsement packed into the meeting at the IBEW 683 Union Hall, in addition to Ross supporters. Ross said she would be proud to accept an endorsement. 'I'm asking for you to stand with the candidate who has taken on powerful interests and won,' Ross said ahead of the debate and vote. 'I'm ready for Columbus City Council because I believe in a city that has leaders who will roll up their sleeves and do the work.' Vogel, a public interest attorney, is more of an outsider to the party establishment than Ross. Heading into the meeting, Ross already had endorsements from a bevy of powerful local Democrats, including the entire city council, Mayor Andrew J. Ginther, and City Attorney Zach Klein. Klein spoke at the meeting in favor of endorsing Ross, an assistant Columbus city attorney. He said she's been a strong advocate for tenants and criminal justice reform. The party's screening committee recommended Ross, based on her experience in city government. It was not a unanimous committee decision, said Screening Committee Chair Gretchen James. Ross narrowly beat Vogel in the citywide May primary 41% to 39% by about 700 votes. Meanwhile, Vogel won in the district they're vying to represent 49% to 31%, according to a Dispatch analysis. They knocked independent candidate Kate Curry-Da-Souza out of the race. All city residents vote in all nine council districts under an unusual district system the city launched in 2023. Candidates must live in their geographic districts. The county party has no policy in its bylaws about when to endorse in a race between Democrats, said Brian Shinn, the county party's parliamentarian. He told The Dispatch before the meeting that not having a policy gives the party flexibility. During the meeting, opponents to endorsement repeatedly said staying neutral would encourage voter turnout and engagement. A few also mentioned Ross' driving record. In March, it was discovered that Ross had been driving on a suspended license for a speeding ticket and had nearly $3,800 in unpaid city parking tickets. Ross supporters said she has earned a spot on the city council, noting she won the primary. Ross told The Dispatch after the meeting that she's "truly honored to have the support of the party." "I'm disappointed," Vogel told The Dispatch after the meeting. "Tonight we saw political insiders and elected incumbents support the status quo." Government and politics reporter Jordan Laird can be reached at jlaird@ Follow her on X, Instagram and Bluesky at @LairdWrites. This article originally appeared on The Columbus Dispatch: Democrats endorse in Columbus City Council race despite calls to pass Solve the daily Crossword
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US Olympic policy change bans transgender women in women's events
American transgender women will no longer be able to compete in women's events at the Olympics and Paralympics after a recent policy change by the US Olympic and Paralympic Committee (USOPC). A new note on the USOPC website regarding the participation of transgender athletes in sports says: "As of July 21, 2025, please refer to the USOPC athlete safety policy." The policy update, following US President Donald Trump's "Keeping Men Out of Women's Sports" executive order, was added to the USOPC Athlete Safety Policy on its website as a new subsection entitled "Additional Requirements." "The USOPC is committed to protecting opportunities for athletes participating in sport," the addition reads. "The USOPC will continue to collaborate with various stakeholders with oversight responsibilities... to ensure that women have a fair and safe competition environment consistent with Executive Order 14201 (Trump's order) and the Ted Stevens Olympic & Amateur Sports Act." The Stevens Act, adopted in 1988, provides a means of handling eligibility disputes for Olympic sports and other amateur events. A memo to Team USA from USOPC chief executive Sarah Hirshland and president Gene Sykes on Tuesday obtained by ABC News and ESPN made reference to Trump's February executive order, saying: "As a federally chartered organization, we have an obligation to comply with federal expectations." Trump's executive order threatens to remove federal funds from any school or institution allowing transgender girls to play on girls' teams, claiming that would violate Title IX rules giving US women equal sport opportunities. The order requires immediate enforcement against institutions that deny women single-sex sports and single-sex locker rooms. "Our revised policy emphasizes the importance of ensuring fair and safe competition environments for women," ESPN quoted the USOPC letter to governing bodies as saying. "All National Governing Bodies are required to update their applicable policies in alignment." ESPN also said the officials noted the USOPC "has engaged in a series of respectful and constructive conversations with federal officials" in the wake of Trump's executive order. The move comes as Los Angeles awaits a host role for the 2028 Summer Olympics. The National Collegiate Athletic Association (NCAA) also altered its policy for transgender athlete participation to limit women's sports competitors to athletes assigned female at birth after Trump's executive order. js/jgc