The IRS issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.
Oil prices push higher and gold erases gains after US and Iran traded threats over the weekend Business InsiderOil prices volatile after Trump's Strait of Hormuz threat AxiosOil Futures Tumble 14% After Trump's Iran Comments Bloomberg.comOil prices rise after Trump issues ultimatum and Iran threatens to close the Strait of Hormuz indefinitely CNN
