I have just spoken with the Emir of Qatar and President Trump following the strikes that hit gas production facilities in Iran and Qatar today.
It is in our common interest to implement, without delay, a moratorium on strikes targeting civilian infrastructure, particularly energy and water supply facilities. Civilian populations and their essential needs, as well as the security of energy supplies, must be protected from military escalation.
Iran war to increase inflation in the near term, Powell says
Surging oil prices due to the Iran war are expected to increase inflation in the near term, Powell said.
“Near-term measures of inflation expectations have risen in recent weeks, likely reflecting the substantial rise in oil prices caused by the supply disruptions in the Middle East,” the Fed chair said.
“In the near term, higher energy prices will push up overall inflation, but it is too soon to know the scope and duration of the potential effects on the economy,” he said.
cnbc.com/2026/03/18/fed…
The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way through higher-than-expected inflation readings, mixed signs on the labor market – and a war. cnb.cx/4sogzGU
Ali Larijani, Iran’s top national security official and one of the regime's most powerful figures, was killed in overnight strikes, Israel says. nbcnews.com/world/iran/ali…
“I cannot in good conscience support the ongoing war."
National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the Trump administration’s war against Iran, accusing President Donald Trump of being deceived by Israel into supporting the war.
Full details: cnb.cx/3P5HOaC