In an Economic Club interview Monday, Charlie Scharf also said there’s “clear consensus that it would be the wrong thing” to lower interest rates until there’s an end in sight to the Iran war.

Oil prices slipped and shares were mostly higher Tuesday in Europe and Asia as U.S.-Iran talks aimed at ending the war remained in doubt. The price for a barrel of Brent crude oil dipped 0.7% to $94.81. The war has disrupted transport of oil through the

April 21 (Reuters) - Oil prices fell on Tuesday, reversing gains in the previous session, on expectations peace talks between the U. and Iran will take place this week and ‌allow more supply to flow from the key Middle East producing region.

(Bloomberg) -- Oil slipped on signs that Iran will attend negotiations with the US in Islamabad before a ceasefire between the sides ends.Most Read from BloombergTrump Aims to Seal Iran Deal, Says Truce Extension UnlikelyKuwait Declares Further Force Maje

(Bloomberg) -- Oil slipped on signs that Iran will attend negotiations with the US in Islamabad before a ceasefire between the sides ends.Most Read from BloombergKuwait Declares Further Force Majeure on Oil ShipmentsTrump Aims to Seal Iran Deal, Says Truc

Kevin Warsh, President Trump’s pick to lead the Federal Reserve, will testify in front of the Senate Banking Committee on Tuesday at 10 a.m. ET amid pressure from the Trump administration to lower interest rates.

U.S.-Iran tensions drive jitters as the S&P 500 and Nasdaq pull back from highs, and the Strait of Hormuz remains largely closed, today, April 20, 2026.

Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.

Global oil trade is splitting into regional blocs, with flows increasingly dictated by geopolitical power rather than price, signaling a structural shift.

(Bloomberg) -- Gold fell after a weekend flare-up in Middle Eastern waters renewed inflation risks from an energy-supply shock and cast doubt over talks to end the Iran war.Most Read from BloombergCruise Ships Seized Brief Hormuz Reopening to Flee Persian

Kevin Warsh has spent years criticizing the Federal Reserve for doing too much. More recently, he has suggested it may need to do the opposite.

(Bloomberg) -- The Treasuries market steadied at the start of the week, with bond investors alert for catalysts tied to peace talks to end the war in the Middle East and a hearing to potentially confirm Kevin Warsh as the next chair of the Federal Reserve

Fed chief nominee Kevin Warsh's confirmation hearing could have critical information for investors.

(Bloomberg) -- Oil and natural gas prices jumped after renewed risks to energy flows via the Strait of Hormuz threatened to jeopardize much-anticipated peace talks between the US and Iran.Most Read from BloombergCruise Ships Seized Brief Hormuz Reopening

May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shippin