Summary Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving ‘nuclear dust’ is still on the table, oil jumps on the headline. Iran Foreign Ministry: “Everything we proposed in the text was reasonable and generous.” However, US officials insist on their “unreasonable demands.“ Saudi Arabia condemns Iran for its latest drone attacks...

OK, let’s get the elephant in the room off the table.  Consumer Price figures are just out. And despite the White House pressure, we just don’t see a logical reason to lower rates right now.WAIT!Before we do that: Triple A gas price report says...