A standoff between the US and Iran lifted oil prices, dragging down stocks and bonds after clashes around the Strait of Hormuz raised concer
A standoff between the US and Iran lifted oil prices, dragging down stocks and bonds after clashes around the Strait of Hormuz raised concerns about potential disruptions to energy supplies that could fuel inflation. [12:29 ET] Fed's Waller: worried about equally likely scenario that stricter policy will be required. M