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Both WTI and Brent crude oil prices rose briefly after reports that Iran is considering stricter rules for passage through the Strait of Hormuz.

2026-08-06

Both WTI and Brent crude oil prices rose briefly after reports that Iran is considering stricter rules for passage through the Strait of Hormuz.

Other News
2026-08-06

Germany June manufacturing orders, working-day adjusted, YoY 6.5% (prior 6.2%).

Germany June manufacturing orders, working-day adjusted, YoY 6.5% (prior 6.2%).
2026-08-06

A White House economic policy reporter revealed that since Warsh became Federal Reserve Chairman, Trump has spoken with him multiple times by phone, maintaining a rare communication channel between the president and the central bank governor. Nick T

A White House economic policy reporter revealed that since Warsh became Federal Reserve Chairman, Trump has spoken with him multiple times by phone, maintaining a rare communication channel between the president and the central bank governor. Nick Timuraos, often referred to as the "Federal Reserve mouthpiece," replied to this report: "The president's calls to Warsh vary in frequency—sometimes several times within a few days, and then there are long periods of no contact. Trump seeks Warsh's advice on a range of issues, including the Iran war and the economic impact of the rapid rise of artificial intelligence." Previously, US Treasury Secretary Bessen specifically named Nick, stating that one of the highlights of Warsh's tenure at the Fed was seeing stenographers posing as journalists, such as Nick Timuraos of the Wall Street Journal (formerly known as the "Federal Reserve mouthpiece"), reduced to reporting only behind-the-scenes gossip about the Fed, because without someone to feed them information, they couldn't produce genuine economic or monetary policy analysis.
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