WS #13618
Senate passed sweeping Russia/Iran sanctions bill (86-11) targeting energy, and Treasury sanctioned crypto exchanges funding Iran's IRGC, escalating geopolitical risk. Treasury Secretary Bessent claims Hormuz deal could be reached 'today or tomorrow', but markets remain skeptical; oil prices elevated.
Russia/Iran Sanctions Escalation
Senate passed sweeping Russia/Iran sanctions bill (86-11) targeting energy, and Treasury sanctioned crypto exchanges funding Iran's IRGC, escalating geopolitical risk.
Treasury Secretary Bessent claims Hormuz deal could be reached 'today or tomorrow', but markets remain skeptical; oil prices elevated.