US President Trump said his response to the Iranian regime coming ‘shortly’ after Tehran attacks Israel’s biggest oil refinery, NY Post reports
This headline indicates an escalation in U.S.-Iran tensions following the Iranian attack on a major Israeli oil refinery.
Iranian Foreign Minister Araghchi reiterates that the Strait of Hormuz is closed to ships of the parties participating in the aggression against Iran, Al Jazeera reports
UK government is nearing the nationalisation of British Steel, FT reports citing sources
US President Trump said his response to the Iranian regime coming ‘shortly’ after Tehran attacks Israel’s biggest oil refinery, NY Post reports
Iran's IRGC says it has hit American-Israeli command centers, drone hangars, and pilot hideouts in new missile strikes on their military installations in the region, Press TV reports
Fed Chair Powell says he does not think the different views on the FOMC makes his job more difficult, it is good to have a range of views.
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- Trump said the US will find out whether the speaker is willing to work with Americans –soon. “I’ll let you know that in about a week.”
- “There has been total regime change because the regimes of the past are gone and we’re dealing with a whole new set of people,” Trump said. “And thus far, they’ve been much more reasonable.”
- Asked if Mojtaba Khamenei is still alive, Trump added, “We don’t know. We think probably yes, but in extraordinarily bad shape.”
Trump's comments about a forthcoming response suggest potential military or economic implications that could impact oil prices and risk sentiment broadly, particularly in energy and equity markets.
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