Putting 'ECONOMIC SCREWS' to Iran indefinitely is 'taking shape': Jackie DeAngelis
'The Big Money Show' discusses oil prices, President Donald Trump's Iran strategy as well as the economic and geopolitical implications.
00:00 - U.S. and Iran Restart Negotiations at the UN
01:21 - Is Economic Pressure Breaking Iran?
02:50 - The High Cost of Energy and the November Election
04:05 - Is a Phase Deal Just an "ATM Machine" for Tehran?
05:10 - Trump and President Xi: Meeting in DC
06:45 - Diesel Prices and the Fed Watch
08:50 - Market Yields and the Next Rate Hike
Video Summary
AI GeneratedOil prices are sliding as the U.S. and Iran restart negotiations to reopen the Strait of Hormuz and end the blockade. While some view this as a result of successful economic pressure, others warn that Iran may only be seeking cash to sustain its operations. The discussion also covers the impact of energy costs on inflation and the broader U.S. economy ahead of elections.