High gasoline prices are being driven by the ongoing Iran conflict, while market speculation focuses on potential interest rate hikes by the U.S. Federal Reserve.
1 report, 1 independent
Updated Jul 8
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What happened
High gasoline prices are being driven by the ongoing Iran conflict, while market speculation focuses on potential interest rate hikes by the U.S. Federal Reserve.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Internal FED debates and US-Iran tensions drove crude prices up, with Neel Dutta arguing for an immediate rate hike.Sub-event
Iran conflict drives up gas prices amid Fed interest rate hike speculation.1 source