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Schwab Network

Wavering Iran Tensions & Impacts on Crude Oil, Interest Rates

7 min8 juni 2026

John Deal and Melissa Armo discuss the Iran conflict and the spike in crude oil futures overnight after the Iran & Israel exchange fire. State media out of Iran says they will pull back military operations against Isreal. John says he's not worried about oil prices but rather the ripple effects that will come after. Melissa believes an escalation is still possible and touches on the Fed's next steps should tensions reaccelerate.


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