US Treasury Department is intensifying the expansion of the economic wrath campaign against Iran to beyond traditional sanctions, Al Jazeera reports citing Trump admin official

The intensification of the economic campaign against Iran signals a potential escalation in geopolitical tensions, which could impact global markets.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Fed's Kashkari (2026 voter, Hawkish, statement dissenter) says he urged the Fed to signal hike risks in outlook; warns Hormuz closure may force Fed rate hikes

Iran has communicated its latest proposal to Pakistani mediator last night, according to Iranian journalist Massoumi

US Treasury Department is intensifying the expansion of the economic wrath campaign against Iran to beyond traditional sanctions, Al Jazeera reports citing Trump admin official

BoE Chief Economist Pill (Dissenter, voted to hike 25bps) says there is high uncertainty over how far the energy inflation shock will spread

Cboe (CBOE) is slashing 20% of its staff in bid to focus on core businesses, WSJ reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

Traders should closely monitor the implications for energy prices, particularly oil, and safe-haven assets as the situation unfolds. This could also affect currency pairs, especially those involving the USD, JPY, and EUR, as market participants react to perceived risks.

Related headlines

The whole workspace, free to try.

Try it free