Oil ebbs again as Fed meets

From Yahoo Finance.: 2025-06-18 06:54:00

The Israel-Iran war is causing volatility in world oil prices, but markets are focused on the Federal Reserve policy decision. U.S. President Trump’s comments sparked an exodus from Tehran, and oil prices eased in Asian trade. Energy markets are monitoring the conflict, while investors adjust positions amid tax and spending bill discussions. Central banks are reducing holdings of U.S. securities, impacting dollar demand. Treasury yields fell ahead of the Fed meeting, and global stocks were mixed. Bitcoin remained stable after U.S. Senate bill passage.



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