US threatens Iran with ‘financial equivalent’ of bombs
Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions, targeting banks and customers flouting the ban.
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Scott Bessent Rejects Oil Markets Intervention As 'Rumor,' Points To Russian Sanctions Waiver As Short-Term Fix
Treasury Secretary Scott Bessent has officially dismissed speculation that the U.S. government will short oil futures to suppress surging energy prices, opting instead for a temporary easing of sanctions on stranded Russian crude to combat the supply shock ...