US Treasury Secretary Bessent says his advice regarding Iran and Russia is to “stay away from them,” adding that no one should support the regimes, via a Fox News Interview
Treasury commentary of this kind sits in the enforcement-rhetoric phase of the sanctions cycle rather than the announcement phase; episodes of this kind have historically preceded designations by weeks rather than days, and the market read has typically been to fade the rhetoric until actual OFAC listings land.
Brazilian Industrial Production (Jul YY) -0.5% (Prev. 1.7%)
[MARKET UPDATE] Energy downside benefits yields as both move to session lows following remarks from US officials and commentary from Saudi Arabia
US Treasury Secretary Bessent says his advice regarding Iran and Russia is to “stay away from them,” adding that no one should support the regimes, via a Fox News Interview
US Energy Secretary Wright, asked about Venezuela deal, says it is a partnership not a displacement. US government will not be operator or producer of returns of oil
ADM (ADM) says a drone strike on August 31st affected its facility in Odesa, Ukraine; team is assessing situation to determine next steps
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.
SANCTIONS
- he is in active communication with parties supporting Iran.
- Airlines, maritime shipping and digital-asset entities could face sanctions.
- US will systematically target and remove bad actors linked to Iran and sanctions evasion. Unfortunate that China did not join the other G20 members in backing action on global trade imbalances.
CANADA
- Unsure whether the US deal for Canada will be that good again.
The substance worth noting is the target set: naming airlines, maritime shipping and digital-asset entities is the secondary-sanctions playbook applied to the evasion chain rather than to producers directly, and in past enforcement waves it has been freight, insurance and shadow-fleet capacity, rather than headline export volumes, that repriced first. The transmission channel on crude is the discount at which sanctioned barrels clear and the cost of moving them, not an immediate supply loss; enforcement that sticks tends to widen that discount and tighten effective supply into Asia at the margin. The active-communication line signals private pressure on third-country intermediaries, which is where these campaigns have historically succeeded or failed. The Canada aside is trade-posture noise rather than sanctions content, but it fits the pattern of linking energy and trade leverage in the same messaging. The follow-ons that matter are designations, vessel-level actions, and any move against the financial rails rather than further interview rhetoric.
Related headlines
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC2 days ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Yemen’s armed forces say maritime navigation is safe for all companies except Saudi vessels, which are subject to a blockade, and vow to continue striking Saudi troop buildups and escalating until the aggression and blockade on Yemen end2 days ago
- US President Trump says he asked Ukrainian President Zelensky not to hit diesel refineries1 hour ago
- Several explosions reported in Iran's Sirik, while the cause is unknown2 hours ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets2 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL2 days ago
- Saudi Arabian oil pipeline system hit by projectiles triggering fires, CNN reports, citing sources2 days ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Spot premiums for Azeri BTC crude oil rose over USD 10/bbl against dated Brent, according to traders2 days ago
- Chevron (CVX) CEO says early buffers in the oil market have played out and that the price risk from the Iran war is now higher2 days ago
- Newsquawk Preview: US CPI due Friday 11th September at 13:30BST/08:30EDT2 days ago
- Saudi Foreign Ministry, in response to targeting of East-West Pipeline, "the Kingdom has chosen not to retaliate at this stage and to support the efforts of the Iraqi government" to allow Iraq to take measures to prevent attacks from its territory2 days ago
The whole workspace, free to try.
Try it free