Treasury Secretary Scott Bessent has unveiled a new U.S. campaign aimed at isolating Iran from the global economy, a move that could tighten pressure on oil...
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September 3, 2026
September 3, 2026
Tag: oil markets
U.S. Treasury Chief Rolls Out New Iran Sanctions, Warns of Potential Global Economic Disruption
Treasury Secretary Scott Bessent has announced a new sanctions regime targeting Iran, while acknowledging that the measures carry significant risks for the global economy. The move...
Strait of Hormuz Risk Rises as Iran-U.S. Tensions Escalate
Heightened rhetoric and reported exchanges of attacks between Iran and the United States are drawing fresh attention to the Strait of Hormuz, the narrow waterway through...