US Treasury Secretary Bessent says they "will continue to target Iranian networks and corrupt elites"
Newsquawk Staff ·
US Treasury Secretary Bessent says they "will continue to target Iranian networks and corrupt elites"
What it means
The comments from US Treasury Secretary Bessent indicate a continuation of the US's hardline stance on Iran, which could heighten tensions in the region. This may impact oil markets and drive safe-haven demand for assets like gold and the US dollar, as traders assess potential fallout and economic repercussions from sanctions or increased conflict.
Sources
- Iran's President Pezeshkian says Iran won't bow to coercion or imposed demands, according to Press TV
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