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Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, he denied plans to do that. “We’re not planning on doing it,” he said. “It’s highly unlikely.” | CNBC
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There is ‘no net benefit’ for Iran to impede the passage of oil through the Strait of Hormuz, said Ellen Wald, President of Transversal Consulting, on CNBC's Inside India. ➡️ While rising Middle East tensions have raised concerns that Iran could leverage the Strait of Hormuz, through which one-fifth of the world’s oil supply passes, it is unlikely for a total blockade to occur as Iran will be retaliated against if it attempted to do so. ➡️ Iran’s ability to wholly physically block the Strait of
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