- Jul 2
Fed Chair Warsh pledges independence, inflation fight, and data reforms at Sintra forum
Federal Reserve Chair Kevin Warsh used his first international speech to double down on the 2% inflation target, reject political pressure, and outline plans to overhaul the Fed's data and decision-making.
- Jun 18
US-Iran preliminary agreement reopens Strait of Hormuz, oil prices fall; Israel continues Lebanon operations
Hours after Donald Trump signed a preliminary peace deal with Iran, Saudi Arabian supertankers carrying 6 million barrels of crude crossed the Strait of Hormuz, signaling the first major easing of the wartime blockade that upended global energy markets.
- Jun 18
US and Iran sign interim peace deal, reopening Strait of Hormuz as oil prices tumble
The US and Iran have signed an interim peace agreement to end their three-month war, reopening the Strait of Hormuz and waiving oil sanctions. Oil prices tumbled as markets priced in the return of Iranian crude, though Donald Trump threatened to resume bombing if commitments are not met.