Latest / The Financial Exchange Show
Iran Deal Hopes Ease Oil Pressure as Warsh Faces the Fed
Markets are rallying as the U.S. and Iran move closer to an interim agreement, but the biggest question is whether the Strait of Hormuz will actually reopen fast enough to relieve pressure on global oil supplies.
Chuck Zodda and Mike Armstrong break down what is known about the proposed Iran deal, why energy markets still face a tight timeline, and how continued inventory drawdowns could keep pressure on gas prices later this summer. They also discuss Kevin Warsh’s first Fed meeting as chair, why the Fed may need to communicate less while proving its inflation credibility, why Americans…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.