US launches strikes on Iran in ‘powerful response’ to surprise attack IN FULL The Independent UK · Jul 30
Trump Orders Strikes on Iran After Missile Attack: Dow Futures Gain 94 Points, Brent Hovers Near $90 Late Wednesday, U.S. military strikes on Iran and a drone attack on a U.S.-owned gas vessel in Egypt heightened fears of a broader Middle East conflict, even as U.S. stock futures moved higher and oil prices remained elevated. Benzinga · Jul 30
Trump’s support among Republicans falls to its lowest mark on record, poll reveals The Trump administration continues to struggle with an unpopular war in Iran and stubborn inflation eroding Americans’ purchasing power The Independent UK · Jul 30
US Iran war: Trump resumes air strikes following missile attack on American base in Jordan US Iran war news: The United States resumed air strikes inside Iran following a ballistic missile attack on a Jordan base. Iran's attempted surprise attack on American assets was thwarted by US forces. Joint air raids with Saudi Arabia targeted Iran-backed militias operating in Iraq. These actions follow recent drone… The Economic Times · Jul 30
Global Market Today: Asian stocks mixed, bonds slip after Fed decision Asian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Reserve's policy decision. Microsoft's cloud growth boosted its stock, while Meta's forecast caused a slide. South Korea implemented measures to stabilize its stock market after a significant rout. Oil prices edged lower amid… The Economic Times · Jul 30
Iraq says it had ‘no prior knowledge’ of US-Saudi attacks – as it happened This blog is now closed The Guardian - AU · Jul 30
Stocks Plunge on a Rout in Chipmakers and a Hawkish Fed Hold The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -2.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.06%. September E-mini S&P futures (ESU26 ) fell -1.59%, and September E-mini Nasdaq futures... Barchart · Jul 29
Trump says he was busy Wednesday morning watching Fauci plead the Fifth a whopping 111 times President tells reporters he watched entire hearing, during which Fauci invoked the Fifth Amendment to every single question, even as his war with Iran continues to rage and amid continued economic pain for Americans The Independent UK · Jul 29
US Federal Reserve holds interest rates steady as three policymakers back hike The Federal Reserve held its key interest rate steady on Wednesday despite persistently high inflation and an Iran war-driven surge in energy prices. Euronews · Jul 29
Dollar Falls as FOMC Keeps Interest Rates Unchanged The dollar index (DXY00 ) fell to a 1-week low on Wednesday and finished down by -0.48%. The dollar tumbled on Wednesday after the FOMC kept interest rates unchanged. The dollar moved higher briefly early on Wednesday after crude oil prices surged more than +6% when President Trump said the... Barchart · Jul 29
Discounts narrow on Russian Urals crude in India Discounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linked to renewed hostilities in the Iran war. This rebound marks a sharp change from earlier July when discounts were much larger. Indian refiners have stepped up purchases of Russian… The Economic Times · Jul 29
Crude Oil Prices Surge as US-Iran Conflict Looks to Drag On September WTI crude oil (CLU26 ) on Wednesday closed up +5.20 (+6.56%), and September RBOB gasoline (RBU26 ) closed up +0.0815 (+2.59%). Crude oil and gasoline prices rallied sharply on Wednesday amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in crude accelerated... Barchart · Jul 29
Strait of Hormuz shipping hits ‘crisis-era lows’ as conflict risks spreading The renewed hostilities in the Middle East lead Donald Trump to issue a foul-mouthed warning to Iran. Evening Standard · Jul 29
Senate weighs next steps on Russia-Iran sanctions The Senate on Wednesday evening took another step closer to advancing a bill that would impose long-stalled sanctions on Russia over its war on Ukraine and extend for five more years sanctions on Iran. The Senate voted 84-12 in favor of a motion to proceed to consideration of the legislative… Roll Call · Jul 29
Benzinga · Jul 29 United States Oil Stock Rallies After Trump Vows to Hit Iran Hard United States Oil Fund (NYSE:USO) shares are surging Wednesday after President Donald Trump pledged a severe military response to an overnight Iranian ballistic missile strike on American forces.
The Independent UK · Jul 29 A divided Federal Reserve holds interest rates steady despite high inflation The ongoing war in Iran continues to inject considerable uncertainty into the Fed’s decision-making process
International Business Times · Jul 29 The Fed Kept Interest Rates Steady, But It Was Not a Unanimous Decision The Federal Reserve left interest rates unchanged, but stubborn inflationary risks and renewed energy market volatility keep pressure on the central bank to tighten policy later this year.
The Guardian - US · Jul 29 Fed holds interest rates steady despite Trump’s renewed calls to lower them Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again
The Economic Times · Jul 29 US Federal Reserve keeps rates steady as Iran-driven inflation risks keep markets on edge The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook. Inflation remains above the Fed's target, causing investor concern about potential price increases.
International Business Times · Jul 29 Israel Reportedly Believes Iran Moved Centrifuges Deep Beneath a Mountain: 'Enrichment Is Currently Taking Place' Israel believes Iran has moved centrifuges to Pickaxe Mountain and is enriching uranium there, according to a new report.
The Economic Times · Jul 29 US-Saudi strikes in Iraq kill 20, including Iranians The United States and Saudi Arabia said they had struck Iran-backed armed militants in Iraq in response to attacks on US forces and Saudi oil facilities. Washington and Tehran are Iraq's main allies, but their enmity has long turned the country into a proxy battleground and left successive governments struggling…
Benzinga · Jul 29 Oil Spikes 7%, Nasdaq 100 Sinks Before Fed: Stock Market Today A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve’s rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records.
The Independent UK · Jul 29 The surprising costs of the Iran war: More expensive Lysol wipes and Durex condoms Reckitt reported its second-quarter results Wednesday, with emerging market like-for-like sales jumping 9.4 percent
The Independent UK · Jul 29 Six Iranian advisers killed in US-Saudi strikes as Iran war escalates IN FULL
The Economic Times · Jul 29 Brent crude jumps 7%, climbs over $90 on escalating Middle East strikes Oil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low, further impacting market sentiment. Military actions in the Strait of Hormuz and surrounding regions contributed to price volatility. Analysts predict oil prices will fluctuate within a broad range in the…