Trump-Iran Conflict, Fed Rate Decision, and Oil Price Surge - Tekedia

Trump threatened retaliation after a reported Iranian strike on a U.S. base in Jordan, raising fears of a wider Middle East conflict.

Oil prices jumped about 7% as markets priced in potential supply disruptions.

The Federal Reserve held rates steady in a split 9-3 vote, while U.S. stocks fell and the S&P 500 dropped 1.5%.

Further escalation could lift inflation, complicate future Fed cuts, and keep global markets volatile.