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Federal Reserve policymakers vote 9-3 to leave key rate unchanged despite high prices -- for now

Federal Reserve policymakers vote 9-3 to leave key rate unchanged despite high prices -- for now

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war
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Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now

Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now

Federal Reserve policymakers are losing patience with inflation, which has been stuck above their 2% target for more than five years
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The Federal Reserve is expected to keep rates unchanged for now despite high prices

The Federal Reserve is expected to keep rates unchanged for now despite high prices

Federal Reserve policymakers are losing patience with inflation, which has been stuck above their 2% target for more than five years
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We’re running out of ways to get oil out of the Middle East

We’re running out of ways to get oil out of the Middle East

Saudi Arabia had found a workaround for the Strait of Hormuz. Then the Houthis showed up.
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Major Gulf fighting restarts as US and Saudi strike Iran's allies in Iraq

Major Gulf fighting restarts as US and Saudi strike Iran's allies in Iraq

By Parisa Hafezi, Ahmed Tolba and Ahmed Elimam DUBAI/CAIRO, July 29 (Reuters) - The United States launched on Wednesday its first airstrikes in the Middle East since suspending its bombing campaign last week, hitting Iran-backed armed groups in Iraq jointly with Saudi Arabia, while Tehran spurned an
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Fear of war's spread as US, Saudi hit Iran-backed fighters in Iraq

Fear of war's spread as US, Saudi hit Iran-backed fighters in Iraq

By Parisa Hafezi, Jana Choukeir and Ahmed Tolba DUBAI/CAIRO, July 29 (Reuters) - The United States and Saudi Arabia jointly struck Iran-backed armed groups in Iraq on Wednesday, the first U.S. airstrikes in the Middle East since President Donald Trump suspended the U.S. bombing campaign against Iran
Reuters Reuters
Oil at one-week low as US and Iran pause attack; supply tension underpins

Oil at one-week low as US and Iran pause attack; supply tension underpins

By Ishaan Arora and Siyi Liu July 28 (Reuters) - Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the U.S.-Iran war, while subdued flow through the Strait of Hormuz and further supply disruption risks underpinned the market.
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Drone strikes ignite fires on natural gas vessels at an Egyptian port

Drone strikes ignite fires on natural gas vessels at an Egyptian port

Drone strikes ignited fires on two natural gas vessels at an Egyptian port, a maritime security firm said, as the U.S.-Iran war flared on multiple fronts in the Middle East
Reuters Reuters
Wall St futures gain as pause in US-Iran hostilities lifts sentiment

Wall St futures gain as pause in US-Iran hostilities lifts sentiment

By Johann M Cherian and Ragini Mathur July 27 (Reuters) - Wall Street futures climbed on Monday after the United States and Iran announced a pause in hostilities over the weekend, driving oil prices sharply lower and boosting risk appetite ahead of a week of major earnings, economic data and an
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Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices dip over 6% after US, Iran pause fighting over weekend

By Florence Tan and Trixie Yap SINGAPORE, July 27 (Reuters) - Oil prices tumbled more than 6% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the
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Mediators see progress in diplomatic efforts to halt Iran war, 2 regional officials say

Mediators see progress in diplomatic efforts to halt Iran war, 2 regional officials say

Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East, according to two regional officials
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Wall St set to open higher as pause in US-Iran hostilities lifts sentiment

Wall St set to open higher as pause in US-Iran hostilities lifts sentiment

By Johann M Cherian and Ragini Mathur July 27 (Reuters) - Wall Street's main indexes were set to open higher on Monday after the United States and Iran paused hostilities, boosting risk appetite ahead of a week of major earnings, economic data and an interest rate decision.