UAE Cuts Off Iran, Treasury Steps In, and Moderna's Cancer Vaccine Shocker
The UAE severs trade with Iran after a missile strike, sending oil and safe-haven flows into motion, while the U.S. Treasury doubles debt buybacks to calm a jittery bond market. Plus: Moderna and Merck's melanoma vaccine data sends the stock soaring, Google eyes a $12.2 billion stake in Marvell's custom chips, and India's central bank signals hikes are coming. In this episode: • UAE severs trade with Iran after reported missile strike — https://www.cnbc.com/2026/08/19/us-iran-war-trump-hormuz.html • Treasury doubles debt buybacks as Bessent moves to steady bond market —…
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