US knew Israel planned to strike an Iranian gas field, but did not take part, according to an AP source
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US knew Israel planned to strike an Iranian gas field, but did not take part, according to an AP source
Fed Chair Powell (Q&A) says have slightly more confidence that tariff inflation will come down in the middle of the year
Fed Chair Powell (Q&A) says tariffs should in theory be one-time effect, the theory is probably right, but the time it takes to get through the economy is uncertain
On the Newsquawk feed at , 20 minutes before this page.
Context
The report indicates that while the U.S. was aware of Israel's plans to strike an Iranian gas field, it chose not to intervene. This suggests a potential escalation in regional tensions that could influence energy markets and heighten geopolitical risk, possibly leading to volatility in oil and gas prices. Traders should consider how this might affect investor sentiment towards the USD and broader market dynamics.
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