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GeopoliticsIMPORTANT

Initial reports of an American attack on Iran, reports i24's Stein

StockNow breaking-news AI analysis

U.S. airstrikes on Iranian positions and subsequent retaliatory strikes reignited Middle East tensions, driving oil prices higher and pushing Treasury yields up amid renewed inflation concerns.

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Geopolitics

Iranian Foreign Ministry spokesperson Baghaei says Iran remains committed to its Nuclear Non-Proliferation Treaty (NPT) obligations and maintains a principled opposition to nuclear weapons, Nour News reports

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Fed's Barr (voter) says if inflation doesn't moderate soon, will be time for an interest rate hike

Geopolitics

US Treasury Secretary Bessent says 85-90% of Iran's factories have the ability to rebuild; Iran has the 3rd-greatest energy resource; will probably announce bank sanctions this week and next