Economy
Hormuz Standoff: Iran’s Sanction Resilience vs. US Economic Pressure
A protracted crisis in the Strait of Hormuz pits Iran's hardened economy against US-imposed sanctions, with global oil prices and recession risks...
#sanctions 6 articles
Markets
Gold Holds Steady Near Seven-Week Lows Amid Geopolitical Shifts
Gold prices remained largely unchanged on Wednesday, trading near seven-week lows at $4,482.58 an ounce, as a stronger dollar and rising Treasury...
Finance
Treasury Directs Banks to Hunt Iranian Money Laundering Networks
The U.S. Treasury Department is instructing financial institutions to monitor for Iranian money laundering networks involved in smuggling sanctioned oil via shell...
World Business
Trump Broadens Cuba Sanctions, Threatening Foreign Business
New U.S. sanctions could force international companies to abandon Cuba, as the Trump administration escalates pressure on the island's government.
Investing
US Ends Russian, Iranian Oil Waivers Amid Geopolitical Tensions
Treasury Secretary Scott Bessent confirms the U.S. will not renew waivers for Russian oil at sea or Iranian oil, citing a blockade...
Markets
US Forces Seize Sanctioned Oil Tanker in Asia
U.S. forces have boarded an oil tanker previously sanctioned for smuggling Iranian crude oil in Asia, the Defense Department confirmed.