Brind.
  1. The US is publicly pressuring Iran regarding its nuclear program, seeking a deal that requires Iran to turn over enriched uranium.
  2. Policies related to the Iran war, announced on May 29th, have led to consequences including spiking petrol prices and increased shipping costs, impacting the US market.
  3. Market volatility driven by geopolitical tensions, including attacks on Iran, has caused oil and gold prices to react, prompting the FED to consider its stance on inflation and interest rates.

Fed members focus on CPI report while Waller advises a rate hike, triggering hawkish repricing in the Global Oil Market.

2 reports, 2 independent Updated Sep 16
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Some supportReported by 2 outlets

Fed members focus on CPI report while Waller advises a rate hike, triggering hawkish repricing in the Global Oil Market.

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