Trump to Sign Housing Bill; Cost of Global Oil Benchmark Hits Iran War Low

President Trump is set to sign into law a major bipartisan housing bill that’s designed to bring down housing costs. The 21st Century Road to Housing Act overwhelmingly passed in the lower chamber with a vote of 358–32.

Brent crude oil has reached its lowest price since the Iran war began. The global benchmark dipped below 76 dollars a barrel early Wednesday. It’s still higher than before the conflict started on February 28th but lower than the closing price on any trading day after that. West Texas Intermediate is fluctuating near a similar milestone.