In recent meetings, Federal Reserve officials mulled the idea of increasing interest rates as inflation rates climbed beyond target thresholds, influenced in part by the intensifying U.S.-Israeli conflict with Iran. Despite this, there is a strong expectation among many for rate cuts on the horizon.
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?
Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-Iran peace treaty, which could enable access
August 6, 2026