Wright's comments Monday come after Trump threatened to bomb Iran's power plants if the Islamic Republic's leaders do not fully open the Strait of Hormuz.
Source
CNBC
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Travel-related stocks such as airlines and cruise companies rallied Monday after President Donald Trump postponed his deadline for more strikes in Iran, saying the two countries had held “very good and productive” talks — something Iranian media reports rebuffed.
Diesel prices have surged about 40% to $5.29 per gallon, the highest level since 2022, as the U.S. war against Iran has disrupted oil supplies.
The monetary-policy outlook at the Federal Reserve appears to be shifting away from rate cuts and toward potential tightening.
A group of 10 recently opened accounts has bet thousands of dollars on Polymarket’s “US x Iran cease-fire” market.