iran sanctions

Treasury Secretary Scott Bessent announced sanctions on 60 individuals, vessels and entities Monday, with a major financial institution facing designation this week.

West Texas Intermediate dropped to near $85 and Brent to around $93 as profit-taking hit a market awaiting Washington's full sanctions announcement targeting Iran's economy.

President's 'no hurry' stance on Tehran negotiations maintains sanctions, boosting weapons contractors and Saudi energy leverage

The U.S. government executed a significant crypto seizure, freezing $344 million in digital assets linked to Iranian entities, signaling intensified enforcement against illicit financial flows in the digital economy.

Administration officials say talks with Iran have not begun, contradicting earlier claims and sending ripples through financial markets