US-Iran Conflict and Economic Fallout
Conflict escalates with 12th night of strikes; oil above $100, markets drop. Consumer confidence fell to 90.8, gas at $4.10. White House pursues military and diplomatic tracks: Trump met Netanyahu to reaffirm no-nuke commitment; Zelenskyy to visit next week, claims Russia shares satellite intel with Iran. Pentagon under Senate scrutiny. Energy Secretary's premature Saudi deal causes internal drama. FOMC meeting tomorrow with rate hike odds at 36%.
Sources (4)
Updated Jul 29, 2026