Oil Rises as Trump Signals Extended Blockade with Fed and Big Tech on Deck cover art

Oil Rises as Trump Signals Extended Blockade with Fed and Big Tech on Deck

Oil Rises as Trump Signals Extended Blockade with Fed and Big Tech on Deck

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Summary

Oil is higher again this morning after President Trump has signaled that the blockade of Iran will likely last longer than many had hoped. Meanwhile the market is bracing for a big day that will include the FOMC press conference at the Federal Reserve and big teach earnings from Microsoft, Meta, Amazon, and Google.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.