U.S. Treasury Secretary Besant stated that the United States will announce "unprecedented" economic sanctions against Iran next week.
U.S. Treasury Secretary Scott Bessent said Thursday that the measures, aimed at strengthening the Donald Trump administration's efforts to force Tehran to surrender after nearly six months of war, would be "unprecedented in the history of economic isolation."
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WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
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