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ECB Executive Board member Schnabel: Oil prices are expected to remain high. Uncertainty remains high.
2026-06-27
ECB Executive Board member Schnabel: Oil prices are expected to remain high. Uncertainty remains high.
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Other News
2026-06-27
1. Renew Executive Order to Consolidate Control over Iraqi Oil Revenues —Trump has again ordered that all Iraqi oil revenues under his control be deposited into accounts at the Federal Reserve Bank of New York. The White House did not issue a press
1. Renew Executive Order to Consolidate Control over Iraqi Oil Revenues —Trump has again ordered that all Iraqi oil revenues under his control be deposited into accounts at the Federal Reserve Bank of New York. The White House did not issue a press release, but Trump formally notified Congress of the order's extension on May 4. 2. Condemn Iran for Violating Ceasefire Agreement —Trump tweeted that Iran fired at least four one-way attack drones at ships transiting the Strait of Hormuz. One of them hit the upper deck of a large and very expensive cargo ship. Damage was caused, but the ship is still able to continue sailing. We shot down three other drones. Clearly, this is a foolish violation of the ceasefire agreement. 3. Threaten Europe Against Imposing Digital Services Tax —Trump: Any European country that imposes a digital services tax on American companies will immediately face a 100% tariff on all its goods imported into the U.S., which will take precedence over all existing or pending trade agreements. 4. Attacking "Fake News": Iran's Strength is Almost Gone —Trump: Iran still has some (military) capabilities, but not much. Fake news says Iran is much stronger now than it was four months ago. But in reality, they desperately want a deal. They've given us a lot (concessions). 5. Predicting Gasoline Prices Will Soon Drop to $2.50—Trump: Gasoline prices will soon drop to $2.50 per gallon.
2026-06-27
U.S. Treasury Secretary Bessent said the U.S. had to enter Iran, warning that Iran could obtain a nuclear weapon within two weeks if it chose to pursue one.
U.S. Treasury Secretary Bessent said the U.S. had to enter Iran, warning that Iran could obtain a nuclear weapon within two weeks if it chose to pursue one.
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