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Oil futures were sliding on Wednesday following comments from President Trump that the war in Iran would be ended "very quickly."
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China's Xi Jinping warns of ‘law of the jungle' at summit with Vladimir Putin Financial TimesChina's Xi gives Putin a red-carpet welcome - and makes a veiled jab at the US CNNAfter Trump meeting, Xi Jinping welcomes Putin. See photos USA TodayAs Putin visits China, distrust simmers beneath an anti-U.S. alliance The Washington Post
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Iran threatens to extend conflict ‘beyond the region' if U.S. and Israel resume attacks CNBCIRGC threatens war will ‘spread far beyond the region' if US renews attacks on Iran The Times of IsraelIran Threatens to Strike Beyond the Middle East if the U.S. Resumes Attacks The New York TimesIran threatens war 'beyond
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UK quietly eases Russian oil sanctions as expert warns Kremlin will see 'weakness' The Kyiv IndependentUK loosens Russian oil sanctions as fuel prices rise BBCUK eases sanctions on Russian oil imports as fuel prices soar Al JazeeraMinister defends relaxing some Russian oil sanctions with Starmer set to face PMQs grilling - UK politics live The Guardian
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Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.
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Late Night Could Set a Clock by Trump's Iran Attack Delays The New York TimesOil falls after Trump says U.S. will end Iran war 'very quickly' CNBCTrump held meeting on Iran war plans after pausing attack AxiosLive updates: Trump says he is holding off on new Iran attack for only a ‘limited period of time' | CNN Politics CNN
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This "pennant" chart pattern warns that Treasury yields could be headed much higher. But an alternative scenario isn't so good either.
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He has minimized soaring gas prices, rising inflation and the American economy's need for the Strait of Hormuz.
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