Relevant summaries written by a research analyst. Commentary - not advice. | Disclaimers HEADLINES | US and Iran resume hostilities with Strait of Hormuz back in contention | Houthis and Saudi Arabia face risk of broadening Middle East conflict to Yemen MARKETS & ECONOMIES | Oil prices spike alongside renewed supply concerns, stocks dip | Fed Chair testifying before Congress with FOMC inflation debate looming ADDITIONAL ITEMS | Ukraine, Europe eye joint missile defense as US

Relevant summaries written by a research analyst. Commentary - not advice. | Disclaimers HEADLINES | US-Iran hostilities flare anew following shipping attacks in Strait of Hormuz | NATO leaders gather in Turkey amid alliance tensions MARKETS & ECONOMIES | Semiconductor stocks fuel index swings as oil bounces back | Muted employment gains complicate economic backdrop | Fed officials avoid speculating on future policy as Warsh eyes communications changes ADDITIONAL ITEMS | Pre

Relevant summaries written by a research analyst. Commentary - not advice. | Disclaimers HEADLINES | Supreme Court revokes agency independence with exception for the Federal Reserve | After weekend flare ups, US and Iran step back from attacks ahead of talks in Qatar MARKETS & ECONOMIES | S&P 500 ends losing run while oil rebounds | Recent US economic data point to resilient economy facing higher inflation | Fed Chair Warsh to appear at ECB's Forum on Central Banking ADDITIO