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US Treasury Secretary warns Iran of 'unprecedented' economic isolation

US Treasury Secretary Scott Bessent announces upcoming historic economic isolation measures against Iran alongside the ongoing naval blockade in the Strait of Hormuz.

US Treasury Secretary warns Iran of 'unprecedented' economic isolation

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Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On

Crude oil prices were on course to add 4% this week, as the United States and Iran indicated they are no closer to a peace deal than they were at the start of the war.

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  • Brent crude at $87.12 per barrel, WTI at $81.36
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