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US President Trump: Iran called earlier, they want to reach a deal.

2026-07-09

US President Trump: Iran called earlier, they want to reach a deal.

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2026-07-09

Hostilities between the US and Iran have escalated three weeks after a memorandum of understanding to start a ceasefire, lifting global oil roughly 7% as markets reprice geopolitical and supply risk. The clashes increase the prospect of wider militar

Hostilities between the US and Iran have escalated three weeks after a memorandum of understanding to start a ceasefire, lifting global oil roughly 7% as markets reprice geopolitical and supply risk. The clashes increase the prospect of wider military conflict and renewed disruption to shipments through the Strait of Hormuz if retaliatory strikes intensify. President Trump said the situation would "end very soon" and appears to be using strikes to try to force Iran back to talks on its nuclear program; analysts say options are limited and there is little sign Iran will make the major concessions Washington seeks. If the US retreats after a strong Iranian response, market participants may further price Iran’s ability to leverage the Hormuz chokepoint.
2026-07-09

Fed minutes: several officials said cooling inflation could allow rates to be held steady or cut.

Fed minutes: several officials said cooling inflation could allow rates to be held steady or cut.
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