Only covered by pro-establishment outlets

The United States and Iran have agreed to a framework deal intended to end hostilities and reopen the Strait of Hormuz to commercial shipping. While global oil prices have already decreased following the announcement, experts suggest it may take months for supply chains and shipping traffic to return to pre-war levels due to logistical and security challenges.

Summary based on BBC News article

City AM’s Shadow Monetary Policy Committee voted in favor of maintaining interest rates at 3.75 per cent despite persistent price pressures. Leading economists argue that holding rates is necessary to demonstrate credibility and monitor potential wage-driven inflation while avoiding further economic contraction.

Summary based on City A.M. article