- Geopolitical events, including the G7 summit, are driving market volatility, impacting the FED.
- Geopolitical tensions, including US strikes on Iran, are causing regional instability and impacting global petrochemical supply chains via the Strait of Hormuz.
- Hope of agreement caused oil prices to fall as a tentative deal was reached to extend the ceasefire and reopen the Strait of Hormuz.
The US-Iran agreement has led to oil prices dropping below $80, easing inflation concerns and boosting investor confidence.
1 report, 1 independent
Updated Jun 17
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What happened
The US-Iran agreement has led to oil prices dropping below $80, easing inflation concerns and boosting investor confidence.