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Inflation Back in Fed's Focus After U.S. Strikes on Iran Push Crude Oil Higher

5 min8 juli 2026

Futures moved off lows after the U.S. made retaliation strikes against Iran following an attack on commercial vessels in the Strait of Hormuz. Kevin Hincks urges investors to brace for an "unsteady" trading session as crude oil prices creep higher. It also makes Kevin Warsh's job as Fed Chair more difficult with inflation once again becoming a larger concern.


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