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2026April › 17

Iran

73 days ago

Major lenders make rate reductions as markets take some heart from a possible truce in the Iran war.
The Strait of Hormuz remained effectively closed despite Iran's declaration Friday that it is open, maritime freight and oil analysts told CNBC.
As Iran declared the waterway 'completely open', Sir Keir Starmer and French president Emmanuel Macron on Friday said they would send warships to keep it safe.
Iran has rejected suggestions by Donald Trump that it has agreed to hand over its stockpile of enriched uranium.
US President Donald Trump welcomed Tehran's announcement but said the US naval blockade would continue until a peace deal was reached.

Spirit Airlines reportedly seeks emergency US government funding as war against Iran keeps aviation fuel costs high

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Christopher Waller says higher oil prices coupled with Donald Trump’s tariffs raise prospect of prolonged inflation
Bank earnings confirmed one thing this week: The Iran war may be a geopolitical upheaval, but not a financial one. At least not yet.
Iran and the US said the strategic waterway, which has been effectively closed since the beginning of the war, will be fully open to commercial traffic for the remainder of the ceasefire
Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.

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