Stocks Finish Lower as Iran War Spurs Inflation Concerns
View original at nasdaq.comStocks Finish Lower as Iran War Spurs Inflation Concerns The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.27%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.29%…
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The war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month
60% confidencePolicy must respond to the risk of a more persistent effect on UK CPI inflation and our job is to make sure inflation gets back to its 2% target
60% confidenceThe US wasn't involved in the South Pars attack and Israel would refrain from further strikes on the site
60% confidenceIran will target energy infrastructure in Saudi Arabia, Qatar, and the UAE in retaliation for US and Israeli airstrikes on its South Pars gas field and its Asaluyeh oil industry facilities
60% confidenceIran's response to the attacks on its energy infrastructure is underway and not yet complete
60% confidenceThe US will not implement a crude export ban
60% confidenceAll members stand ready to act to contain any inflation surge triggered by the war in the Middle East
60% confidenceThe Iran war poses upside inflation risks and downside risks to economic growth
60% confidenceUS wasn't involved in the South Pars attack and Israel would refrain from further strikes on the site
60% confidencePolicy must respond to the risk of a more persistent effect on UK CPI inflation and whatever happens, our job is to make sure inflation gets back to its 2% target
60% confidenceIsrael is helping the US open the Strait of Hormuz
60% confidenceIsrael is helping the US open the Strait of Hormuz
60% confidenceThe US will continue to take steps to add supplies to oil markets, including possible removal of sanctions on Iranian crude already in transit or a new unilateral release of emergency crude reserves
60% confidenceThere will be no Fed rate cuts unless there is progress on inflation
60% confidenceThere will be no Fed rate cuts unless there is progress on inflation
60% confidenceIran's response to the attacks on its energy infrastructure is underway and not yet complete
60% confidenceIran will target energy infrastructure in Saudi Arabia, Qatar, and the UAE in retaliation for US and Israeli airstrikes
60% confidenceIran's strikes damaged 17% of Ras Laffan's LNG export capacity, which will take 3 to 5 years to repair
60% confidenceThe US will not implement a crude export ban
60% confidenceCrude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March
60% confidenceIran's strikes damaged 17% of Ras Laffan's LNG export capacity, which will take 3 to 5 years to repair
60% confidenceCrude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March
60% confidenceAll members stand ready to act to contain any inflation surge triggered by the war in the Middle East
60% confidenceThe US will continue to take steps to add supplies to oil markets, including the possible removal of sanctions on Iranian crude already in transit or a new unilateral release of emergency crude reserves
60% confidenceIran war poses upside inflation risks and downside risks to economic growth
60% confidenceThe war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month
60% confidence