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UNBELIEVABLE: 100 | History Defined

US launches strikes on Iran in ‘powerful response’ to surprise attack

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The Independent UK

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

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

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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

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

Iraq says it had ‘no prior knowledge’ of US-Saudi attacks – as it happened

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The Guardian - AU

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

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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

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

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

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

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

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

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

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Benzinga

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

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

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

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

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The Economic Times

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

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

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

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

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

Six Iranian advisers killed in US-Saudi strikes as Iran war escalates

IN FULL

The Economic Times

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…

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