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WTI crude traded above $80 a barrel after four straight sessions of gains. U.S. airstrikes and a tanker disablement followed attacks on shipping in the Strait of Hormuz.
middleeasteye.netOil extended its rally for a fourth straight session, with WTI trading above $80 a barrel, @FirstSquawk reported. -Iran tensions and attacks on shipping through the Strait of Hormuz have heightened concerns over global crude supply. The U.S.
Continued airstrikes against Iran and disabled a tanker headed toward an Iranian port. President Trump vowed to intensify military operations until shipping attacks cease.
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Kevin Warsh appeared before the Senate Banking Committee on Wednesday and addressed questions on asset sales and a reported Bank of America dinner. He also testified before the House Financial Services Committee on Monday.
nbcnews.comFederal Reserve Chairman Kevin Warsh told Congress he speaks regularly with Treasury Secretary Scott Bessent and defended the central bank's independence. Warsh declined to confirm direct contact with President Trump since taking office.
nypost.comSpaceX shares fell about 2 percent on Wednesday to close below their $135 IPO price. The decline marked the fourth straight session of losses and the first time the stock has traded under that level.